Archived News
01-11-2019
Palm oil producers open clinic for ISPO certification
To ensure all its members are certified by the Indonesia Sustainable Palm Oil (ISPO) by the end of 2020, the Indonesian Palm Oil Producers Association (Gapki) will open a clinic to assist companies
31-10-2019
We are ready to offer assistance for AfCFTA – US Deputy Secretary of Agric
United States Deputy Secretary of Agriculture, Stephen Lee Censky has said the US government is committed to lending support to ensure the African Continental Free Trade Agreement (AfCFTA) is a success.
31-10-2019
Japan trade minister to skip RCEP meeting in Thailand
Japan's trade minister Hiroshi Kajiyama will skip a ministerial meeting on an Asia-wide free trade deal later this week in Thailand to attend parliamentary deliberations, a Diet committee official said Wednesday.
31-10-2019
IndoAgri sinks into the red with 125.68b rupiah loss for Q3
INDOFOOD Agri Resources (IndoAgri) has sunk into the red with a net loss of 125.68 billion rupiah (S$12.2 million) for third quarter ended Sept 30, continuing to be adversely affected by weak commodity prices.
31-10-2019
India boycott of Malaysian palm oil 'will not be prolonged'
A Malaysian minister on Wednesday said a boycott of the country’s palm oil by Indian traders will likely not be prolonged, as there are not enough supplies from top producer Indonesia to cover the shortfall.
31-10-2019
CPO flirts with RM2,500 a tonne
The palm oil industry is facing dual threats from its biggest buyers - India and Europe - but don't tell that to the traders chasing up prices on Bursa Derivatives Exchange.
31-10-2019
India will not sign any free-trade agreement in a rush: Goyal
India will not sign any free-trade agreement (FTA) in a 'rush' but will engage with the world without compromising the interest of domestic industry, Commerce and Industry Minister Piyush Goyal said on Wednesday.
31-10-2019
Palm oil industry gathers in shadow of India-Malaysia trade spat
Some of the world’s most influential palm oil traders, analysts and plantation executives will meet this week on the tropical island of Bali. In the limelight is the implementation of Indonesia’s ambitious biodiesel mandate as well as a brewing trade spat between No. 2 supplier Malaysia and the world’s top palm oil importer India
31-10-2019
Malaysian palm oil price hits over 18-month high on lower output expectations
Malaysian palm oil futures extended gains for a sixth straight session on Wednesday, rising over 3% to hit a more than 18-month high, on expectations of declining production but a stronger ringgit capped gains.
31-10-2019
Certified independent smallholders up 52%, says RSPO
The number of Roundtable on Sustainable Palm Oil (RSPO) certified independent smallholders increased by 52 percent while the total number of smallholders jumped 165 percent between July 1, 2018 and June 30, 2019.
31-10-2019
Chile's APEC cancellation raises new hurdle for US-China trade deal
Leaders from the United States and China encountered a new obstacle in their struggle to end a damaging trade war on Wednesday, when the summit where they were supposed to meet was cancelled because of violent protests.
31-10-2019
Oil prices extend fall after surprise inventory build (Update)
Oil prices fell for a fourth day on Wednesday, extending losses after a surge in U.S. inventories surprised investors, overshadowing an interest rate cut by the Federal Reserve.