Archived News
16-03-2020
Multiplicative effects of RCEP on ASEAN trade
The conclusion of text-based negotiations for the Regional Comprehensive Economic Partnership (RCEP) in November 2019 paves the way for the economies of the Association of Southeast Asian Nations (ASEAN) to strengthen their economic integration with five of its dialogue partners, namely Australia, the People’s Republic of China, the Republic of Korea, Japan, and New Zealand
16-03-2020
CBOT soyabean futures fall to contract lows
Chicago Board of Trade soyabean futures fell on Thursday, joining a broad sell-off in commodities and equities tied to fears that the coronavirus pandemic might trigger a global recession, traders said
16-03-2020
More palm oil output recovery seen in coming months
CPO futures gained 44% in 2019 and closed at a high of RM3,052 per tonne by end-2019
16-03-2020
S. Korea facing more trade barriers from emerging nations: report
Emerging countries launched dozens of new investigations against goods from South Korea in line with growing protectionism around the globe, data showed Monday
16-03-2020
Ministry all out to help oil palm smallholders
Subsidies, the Malaysian Sustainable Palm Oil (MSPO) certification, recruitment of foreign workers, and theft of oil palm fresh fruit bunches are among the issues raised by smallholders
16-03-2020
Global oil demand drops
Global demand for oil was revised downward several times since the start of the year due to the devastating impact of the coronavirus.
16-03-2020
Canada’s approval sets USMCA closer to implementation
Canada’s House of Commons and Senate voted in favor of implementing the U.S.-Mexico-Canada Agreement, one of the final hurdles before it becomes law.
13-03-2020
Malaysia wants to resolve palm oil spat with India within a month, minister says
Malaysia aims to resolve its palm oil spat with India within a month, the southeast Asian nation's new minister of plantation industries and commodities said on Wednesday.
13-03-2020
CPO futures nearly three-month low on COVID-19 pandemic declaration
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives fell below RM2,300 per tonne at Thursday's close after the World Health Organisation (WHO) declared the COVID-19 a global pandemic.
13-03-2020
Soya oil dips on weak cues
Barring groundnut oil, the majority of oils and oil seeds traded low on weak global cues, physical demand and coronavirus scare, with soya refined being quoted at ₹785 for 10 kg, while soya solvent ruled at ₹735-40.
13-03-2020
Canola values resilient in face of drop in oil and markets
The COVID-19 virus worldwide and the rail blockades at home have depressed grain futures prices but canola prices have fared better than most other parts of the vegetable oil complex and crude oil values.
13-03-2020
Oil palm cultivation to be taken up in 2.78 lakh ha
The State government has announced its resolve to promote oil palm cultivation in different parts of the State.