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Chicago Board of Trade soyabean futures dropped on Monday as concerns about livestock feed demand dragged down soyameal futures prices, traders said.

Thailand is maintaining exports of rubber products and processed rubber as global demand surges, particularly for rubber products relating to virus protection such as rubber gloves and synthetic rubber used to make such gloves.

China, Japan and South Korea should work together to lift all barriers to prevent the collapse of supply chains, restore intraregional tourism and revive cross-border investments.

Malaysian palm oil futures edged down on Tuesday, weighed by concerns over rising stockpiles as global demand slows due to the coronavirus pandemic.

Malaysian palm oil futures dipped on Tuesday as concerns rose over rising stockpiles amid the coronavirus outbreak curbing global demand, but losses were limited by prospects of exports resuming to India.

This comes as March 2020’s closing inventory declined 40.8 per cent year on year (y-o-y) primarily due to lower opening stock (minus 44.4 per cent y-o-y) and lower output levels (minus 16.4 per cent y-o-y).

Analysts expect crude palm oil (CPO) prices to average between RM2,200 and RM2,450 per tonne this year as supply will likely exceed demand given the Covid-19 led disruptions affecting major export markets.

Support for crude palm oil (CPO) price could come from an anticipated supply disruption due to extended Movement Control Order (MCO) and lower stockpiles level

Through this paper, the researcher attempts to show how a single political statement can influence the trade relations between countries and in turn their economies.

Malaysia’s palm oil inventory rose to 1.73 million tonnes in March, its first increase after five straight months of declines, as production exceeded total consumption.

India on Monday said imports of refined palm oil could recommence after being restricted in January, although with conditions attached.

Crude oil plunged on Monday despite the oil producers agreeing to production cuts as demand continued to dwindle with major economies under lockdown. Bullion counters also jumped on risk aversion