Archived News
12-06-2020
What does the return of palm oil trade mean for India-Malaysia ties?
Malaysia is expecting to see improved relations with India after resuming exports of palm oil to the South Asian power. India has signed contracts to purchase up to 200,000 tonnes of palm oil from Malaysia in June and July, resuming purchases after a four-month pause
12-06-2020
Inflation to fall further in next fiscal year
The Pakistan Economic Survey 2019-20 noted that the falling crude oil prices will further ease inflationary pressures and the government expects it to enter single- digit in next fiscal year (FY21).
12-06-2020
Lockdown wipes out demand for palm oil and maida
As lockdown forced people to stop eating out, the demand for maida used in samosas, kachoris, breads and pizzas and palm oil, mostly widely used in restaurants, came crashing down
12-06-2020
Palm oil inventory to rise, seasonally higher output
Palm oil stock levels are expected to rise as demand from the food and energy sectors continues to be affected by the Covid-19 pandemic and volatile crude oil prices.
12-06-2020
Biodiesel demand in the EU to remain stable, says Lipidos Santiga
Palm oil-derived biodiesel demand in the European Union (EU) is expected to remain stable this year, says a leading European vegetable oils firm.
11-06-2020
Palm oil gains as strong early June shipments stoke export outlook
Malaysian palm oil futures rose on Thursday, recovering from a more than 1% fall in the previous session, boosted by a surge in exports in the first 10 days of June as more countries eased coronavirus-induced restrictions.
11-06-2020
Malaysia end-May palm oil stocks fall for first time three months
Malaysia's palm oil inventories by end-May dropped for the first time in three months as production fell, official data showed on Wednesday, despite surveys pegging stockpiles to rise 10%.
11-06-2020
Sustainable palm oil: Making a difference in time of uncertainty
As most of the country and the rest of the world are under some sort of lockdown, we’re all facing disruptions and restrictions to our daily lives, not to mention the unprecedented changes that we will face as a society in the future.
11-06-2020
Malaysia, Indonesia should take part in development of EU sustainability standards
As the world’s largest palm oil producers, Malaysia and Indonesia must be active players in the standard-setting process for the European Union’s (EU) international sustainability standards, said two top officials of the Malaysian Palm Oil Council (MPOC).
10-06-2020
Cambodia ‘easy’ on EU-Vietnam trade deal
Cambodia will not show concern over the impact of the ratification of the European Union (EU)-Vietnam Free-Trade Agreement (EVFTA) which is expected to enter into force on Aug 1, according to senior government officials.
10-06-2020
S. Korea's exports to FTA partners more than double over 15 years
The country's exports to 52 nations it has signed free trade deals with reached US$438.6 billion in 2018, compared with $170 billion in 2004, according to the data compiled by the Korea Institute for International Economic Policy (KIEP).
10-06-2020
Palm Oil Industry Leaves Indonesian Village Struggling With Loss and Regret
Indonesia sits at the heart of the global palm oil trade. In 2002, it arrived on the banks of Rukam when the Indonesian company PT Erasakti Wira Forestama (EWF) offered the villagers a one-time payment for their land.