Archived News
17-11-2020
No RCEP re-entry: India to speed up trade talks with US & EU
India won’t re-join the China-dominated Regional Comprehensive Economic Partnership (RCEP) pact but will rather seek to expedite trade talks with large markets like the US and the EU, senior government officials told FE, a day after 15 nations clinched the biggest trade deal, while leaving the door open for New Delhi to re-enter.
17-11-2020
APEC vows cooperation to foster economic recovery amid pandemic
Ministers from 21 Pacific Rim economies Monday pledged to cooperate to support economic recovery as the region reels from the impact of the novel coronavirus pandemic.
17-11-2020
Farm exports rise 1.26% to $420 mln in Oct: BPS
Indonesia's farm exports reached US$420 million in October, 2020, an increase of 1.26 percent compared to the previous month, according to the Central Statistics Agency (BPS).
17-11-2020
FGV, Dalian Commodity Exchange drop collaboration for palm oil futures internationalisation project
In a filing with Bursa Malaysia today, the board of directors of FGV announced that the MoU expired on Nov 14, 2020 and it is not necessary to extend the MoU at this stage.
17-11-2020
Indonesia says B40 biodiesel programme unlikely to proceed next year
Indonesia is unlikely to proceed with plans to raise the bio-content of its palm oil-based biodiesel to 40% next year as it struggles to fund the programme, an energy ministry official told parliament on Monday.
17-11-2020
TABLE-Malaysia's Nov. 1-15 palm oil exports fall 11.8% m/m - AmSpec Agri
Exports of Malaysian palm oil products for Nov. 1-15 fell 11.75% to 673,991 tonnes from 763,772 tonnes shipped during Oct. 1-15, according to independent inspection company AmSpec Agri Malaysia on Monday.
17-11-2020
VEGOILS-Palm oil tracks Dalian rivals higher; lower Indian imports weigh
Malaysian palm oil futures edged higher on Monday, tracking gains in rival Dalian oils, although reports of top buyer India cutting imports due to a rise in the price of the commodity limited gains.
17-11-2020
MPOB welcomes move to regularise migrant workers
The Malaysian Palm Oil Board (MPOB) has welcomed the move to regularise undocumented migrant workers, saying it will help solve the sector’s persistent labour shortage
17-11-2020
Experts hopeful of US re-engagement with Apec on trade agreements
The United States is likely to re-engage on various trade treaties with the Asia Pacific Economic Cooperation (Apec), following optimism spurred by Joe Biden's victory at the US presidential election.
16-11-2020
India imports Malaysian palm oil
India imported 518,370 tonnes of palm oil from Malaysia in October, almost 32% more than the previous month’s volume.
16-11-2020
CBOT agricultural products mixed in past week
CBOT agricultural futures staged a mixed performance in the past week, while technically the agricultural futures are in a bullish position with the value of the U.S. dollar likely to decline
16-11-2020
Precious metals fall as Dow surges
THE Dow benchmark closed 834 points higher on the first market day of the week after Joe Biden won the presidential electoral vote. Aside from that, Pfizer and BioNtech claimed their vaccines on treating the Coronavirus Disease 2019 (Covid-19) are more than 90 per cent effective based on their trial results