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MARKET DEVELOPMENT  
  15-11-2019

China free trade agreement negotiations to start in December

Negotiations for a free trade agreement between Cambodia and China, the second-biggest economy in the world, will begin next month, the Chinese Embassy in Phnom Penh announced yesterday.

MARKET DEVELOPMENT  
  15-11-2019

Mexico plans huge increase in palm oil production in sensitive ecosystems

The Mexican state of Campeche sits on the Yucatan Peninsula, a region renowned for its lush jungles and high biodiversity. But the state’s forests are being wiped out by agriculture and fire, threatening habitat for wildlife and the land indigenous communities need to survive

MARKET DEVELOPMENT  
  15-11-2019

Local biodiesel demand reaches record levels, boost to CPO price

MALAYSIA’S rising demand for biodiesel has helped push the prices of crude palm oil (CPO) to levels last seen two years ago, offering some respite to a topsy-turvy year for the country’s key export commodity.

MARKET DEVELOPMENT  
  15-11-2019

India resumes buying Malaysian palm oil as Kuala Lumpur offers discount -traders

Indian refiners have resumed buying Malaysian palm oil after a gap of nearly a month and contracted around 70,000 tonnes of shipments in December as Kuala Lumpur has been offering a $5 per tonne discount over supplies from rival Indonesia, five traders told Reuters on Thursday.

MARKET DEVELOPMENT  
  15-11-2019

UPDATE 1-Malaysia signs 2020 palm oil export deal for south Asia

Malaysia signed a pact on Thursday for exports of palm oil to south Asia next year, amid uncertainty over trade with India after its dealers last month urged a boycott of palm oil from the southeast Asian nation.

MARKET DEVELOPMENT  
  15-11-2019

An erosion of trust in palm oil

Uncovered documents show European Union officials had concerns palm oil regulations would jeopardize EU-Indonesia relations and break global trade rules under the World Trade Organization. But EU officials have been defiant in terms of an international legal challenge

MARKET DEVELOPMENT  
  15-11-2019

Feasibility study on China-Cambodia​ free-trade agreement to be launched

Cambodia and China will launch the first official consultation on a bilateral free trade (FTA) agreement feasibility study in Beijing on Dec 3, according to an announcement on the Chinese embassy Facebook page .

MARKET DEVELOPMENT  
  14-11-2019

Malaysia's 2019's palm oil exports may tip 2018's RM65b

Malaysia's palm oil exports for this year is set to tip last year's RM65.41 billion, as oil palm planters are hopeful that the recent rally in palm oil prices would sustain its momentum in the next few months.

MARKET DEVELOPMENT  
  14-11-2019

Oil palm smallholders urged to apply for MSPO cert

MINISTER of Agriculture, Native Land and Regional Development Datuk Amar Douglas Uggah is appealing to oil palm smallholders to apply for Malaysian Palm Oil Board (MSPO) certification as soon as possible.

MARKET DEVELOPMENT  
  14-11-2019

Rising palm oil surplus may limit soybean oil trade growth

The resurgent palm oil sector is a major obstacle to growth in global soybean oil trade, said the US Department of Agriculture (USDA).

MARKET DEVELOPMENT  
  14-11-2019

Palm oil extends losses

Malaysian palm oil futures slipped for the second straight session on Wednesday as rival oils on the Dalian Commodities Exchange fell, although a weaker ringgit and bullish export data limited the downside

MARKET DEVELOPMENT  
  14-11-2019

Palm imports by India seen sliding from one-year high on prices

India’s palm oil imports probably declined from a one-year high in October as traders and refiners trimmed buying after higher global prices made overseas supplies more expensive.