Archived News
10-01-2020
Japanese retailers embrace US tariff cuts
Prices of US fresh produce in Japan have already dropped with after the implementation of a new FTA
10-01-2020
Malaysian palm oil price surges as India restricts refined palm oil imports
Malaysian crude palm oil futures rallied on Thursday, recouping losses suffered this week, as India's move to restrict imports of refined palm oil boosted prices, while signs of de-escalation in Iran-U.S. tensions soothed concerns.
10-01-2020
India palm oil import curbs may lead to loss of market share for M’sia
India’s restrictions on imports of refined palm oil will lead to a loss of market share for Malaysia and spark a price war with rival supplier, Indonesia, a Malaysian industry association said.
10-01-2020
Seeds of hope
For the record, the number is 821 million; that is the number of people who go to bed hungry every day. Also for the record, it is not the fault of our children that a third of the food produced globally never even makes it to the table.
10-01-2020
Indonesia plans B40 biodiesel road tests in April
Indonesia’s energy ministry plans to start road tests for a biodiesel programme with 40% bio-content (B40) in April, a government official said on Thursday.
10-01-2020
Global Food Prices Jump to Five-Year High
Global food prices ended the year at the highest in half a decade, propelled by swine shortages and rising vegetable-oil demand across the world.
10-01-2020
Oil Steadies Below $60 in Midst of U.S.-Iran Conflict
Oil closed at the lowest level since mid-December amid receding concerns that the U.S.-Iran conflict would significantly escalate.
10-01-2020
Commodity outlook: Refined soya oil jumps 8%; here’s how others may trade today
Crude oil was up 0.61 per cent to Rs 4,286 while natural gas edged 1.64 per cent higher to Rs 155.20. Silver was down 0.96 per cent to Rs 46,935 and gold fell 0.28 per cent to Rs 39,997.
10-01-2020
Crude oil futures gain on spot demand, global cues
Crude oil prices on Thursday rose by Rs 9 to Rs 4,269 per barrel as speculators created fresh positions amid positive global trends. Analysts said raising of bets by participants kept crude prices higher in futures trade here.
10-01-2020
B20 biodiesel programme debuts in Langkawi
The B20 biodiesel programme has begun in Langkawi, Kedah, for the transportation sector beginning Jan 1, 2020, said Primary Industries Minister Teresa Kok
10-01-2020
Booming palm oil market crowds oilseed demand
Palm oil fruits are seen at an African palm oil plantation in Guatemala in September. Palm oil prices have a heavy influence on world oilseed markets and palm oil futures are now trading at their highest levels in three years.
10-01-2020
Nigeria’s palm oil quality low, say growers
Oil Palm Growers Association of Nigeria (OPGAN) has expressed concern over the low quality of palm oil produced in the country due to lack of processing machines.