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Farmers have already warned of looming vegetable shortages as supply and distribution chains are disrupted.

Malaysian palm oil futures dropped 2% on Wednesday, mirroring losses in rival oils, pressured by growing worries over a plunge in demand as more countries go into lockdowns due to the coronavirus pandemic.

As the coronavirus pandemic spreads across the world, oil prices face another week of decline, hitting a new low of US$20 per barrel.

May canola tacked on $1.30 to $468.80 per tonne, touching a two-month high for the nearby contract. May-July canola spread traded 9,295 times.

The front-month April delivery crude palm oil contract on the Multi Commodity Exchange of India hit an over one-week low of 641.4 rupees per 10 kg today, tracking weak cues from parent contracts on the Bursa Malaysia Derivatives, analysts said.

Palm oil industry players are appealing to the Sabah state government to reconsider its decision to close estate and mill operations and allow the state’s smallholders to resume essential and critical operations during the Movement Control Order (MCO) period

Malaysian palm oil futures closed lower on Tuesday, as demand concerns due to coronarivus-driven global shutdowns outweighed supply disruptions in the world's second-largest palm producer

Sime Darby Plantation Bhd (SDP) says the containment of palm oil plantations in Sabah needs to be balanced with considerations so that it will not jeopardise the sector

Sabah will continue with the current restrictions under the movement control order (MCO) but will allow some workshops, pet shops and tyre shops to operate on certain days

The European Council has approved a decision to conclude the European Union-Vietnam Free Trade Agreement (EVFTA), the final procedure from the E.U. side needed for the deal to become effective

On 1 April Belarus reduced customs duties on oil and petroleum products, which are exported beyond the customs territory of the Eurasian Economic Union (EAEU)

Trump is expected to sign an executive order that would give companies a 90-day grace period on paying tariffs, people familiar with the plans told POLITICO.