Archived News

KUALA LUMPUR: Malaysia's trade in April dropped 16.4 per cent year-on-year to RM133.34 billion from RM159.5 billion due to Covid-19 pandemic which caused major disruptions to global supply chain.

KUCHING: Malaysia’s trade with China, which represented 19.7 per cent of the total trade or RM26.25 billion, decreased marginally by 1.5 per cent year-on-year (y-o-y) in April this year, said Minister of International Trade and Industry Datuk Seri Mohamed Azmin Ali.

PARIS: Chicago soybean futures were little changed on Thursday, holding near a three-week high as fresh demand from China supported prices while traders awaited weekly US export sales data.

Ketua Bidang Komunikasi Gabungan Pengusaha Kelapa Sawit Indonesia (Gapki), Tofan Mahdi, mengatakan bahwa industri kelapa sawit masih berada dalam kondisi normal. Ketahanan industri sawit teruji karena belum adanya PHK yang terjadi di industri sawit, serta lini produksi yang tetap efisien.

KUALA LUMPUR: Malaysian palm oil futures inched up for a second session on Wednesday, hovering at a near two-month high, as crude and rival soyoil prices rose but traders remained cautious ahead of May production data release.

KUALA LUMPUR, June 4 - Malaysian palm oil futures took a breather on Thursday after two days of sharp gains, falling on forecast of higher May stockpiles and tracking losses in crude and rival soyoil.

PETALING JAYA: Malaysia’s April exports registered a 23.8% decline year-on-year (y-o-y) to RM64.9 billion, the largest decline since September 2009, due to most sectors of the national economy being shut down since March 18, under the movement control order.

PETALING JAYA: Declines in both exports and imports are expected given that most countries around the world were under some form of lockdown to contain the spread of Covid-19, Senior Minister and Minister of International Trade & Industry Datuk Seri Mohamed Azmin Ali (pix) said today.

KANSAS CITY, MISSOURI, US — Barring unexpectedly heavy Chinese purchases of US soybeans or a weather threat to the 2020 soybean crop, food industry ingredient buyers may expect to see relatively low, which is to say favorable, soybean oil prices continuing into the fall, Paul Meyers, vice president, commodity analysis, Foresight Commodity Services, Inc., told executives participating in the Sosland Publishing Purchasing Seminar webinar on June 1.

SYDNEY, June 4 (Reuters) - U.S. soybeans held steady on Thursday, as signs of strong Chinese demand kept prices at a three-week high.

KUALA LUMPUR: Boustead Plantations Bhd's (BPlant) net loss narrowed to RM9.55 million in the first-quarter (Q1) ended March 31, 2020, from a net loss of RM16.20 million a year ago.

NEW DELHI – Following are the highlights of trading in edible oil markets today: