Archived News
06-01-2020
US-China ‘phase one’ trade deal to be signed soon
US President Donald Trump announced the ‘phase one’ trade deal will be signed on January 15 in Whitehouse. He plans to visit Beijing after that and follow up with a ‘phase two’ negotiation with Chinese leaders.
06-01-2020
Optimistic outlook to fuel recovery in 2020
MALAYSIAN equities are set for a better year in 2020 with the resumption of earnings growth after a two-year hiatus thanks to subsiding external risks and a recovery in commodity prices.
06-01-2020
Demand set to grow for Black Sea sunflower oil in 2020
The Black Sea sunflower oil market reversed a decade-long downward trend in 2019, as the Platts sunflower oil FOB Black Sea assessment climbed 22% between January and late December
06-01-2020
State palm oil industry in jitters
Cut in import duty will affect Oil Palm India and Plantation Corporation of Kerala
06-01-2020
Palm oil welcomes 2020 with a bang!
The Malaysian palm oil industry is bullish on this year’s outlook for the sector amidst flattish production, depleting global vegetable oil inventories and growing demand for the commodity.
06-01-2020
CORRECTED-PREVIEW-Malaysia Dec palm oil stockpiles seen falling 8.5%
Malaysian palm oil stockpiles likely dropped to their lowest level in 27 months in December, with production and export demand for the tropical oil also falling, a Reuters survey showed.
06-01-2020
No profit, no bonus, Sarawak authority warns state oil palm farmers
Management and field personnel of any oil palm estate belonging to the Sarawak Land Consolidation and Rehabilitation Authority (Salcra) which do not make profits may not be receiving their year-end bonus, Salcra acting general manager Joseph Blandoi said
03-01-2020
CPO jumps after India cuts import duties
KUALA LUMPUR: Crude palm oil (CPO) for third month delivery rose to a high of RM3,080 per tonne on Thursday, extending its rally from 2019 after India cut import duties.
03-01-2020
Malaysian palm oil shares rise on India's import tax cut
KUALA LUMPUR (Nikkei Markets) -- India's recent move to cut import tax on Southeast Asian palm oil helped buoy plantation stocks in Malaysia, brightening the outlook for a sector that is enjoying a sharp rise in prices tracking tighter supplies.
03-01-2020
Palm oil surges
KUALA LUMPUR: Malaysian palm oil futures surged over 2 per cent on the first trading session of 2020, surpassing rival soybean oil on the Chicago Board of Trade on higher imports from India due to a tax cut amid expectations of lower December inventories.
03-01-2020
NCDEX Refined Soya Oil Pauses After Cut In Palm Oil Import Duty
NCDEX Refined Soya Oil futures edged up marginally today amid firm demand trends in ready markets but the enthusiasm was curbed after a recent cut in import duties on overseas oil shipments fanned concerns about rising edible oil imports
03-01-2020
Government promotes use of diesel B10
BANGKOK – The government continues to promote the use of diesel B10 to support palm oil farmers and to prevent oil smuggling.