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Upko Secretary-General Neslon W Angang said the party has received numerous calls, especially from smallholders, that palm oil were rotting away and even if they harvest it, nobody wants to buy.

In the wake of COVID-19 pandemic leading to the collapse of oil price in the international market, Solidaridad’s Senior Climate Specialist for Africa, Dr Samuel Ogallah, has called on the Federal Government to invest in palm oil as a way of reducing unemployment, poverty and creating jobs for the masses.

Boris Johnson is expected to push for an intervention from EU leaders in the faltering trade and security negotiations with the bloc after being warned by advisers that the current talks are on course to fail.

Iranian Industry, Mining, and Trade Minister Reza Rahmani said Iran's Free Trade Agreement (FTA) with Eurasia Economic Union (EAEU) has created a great opportunity for Iran and Belarus to deepen their trade ties.

THE commodity-related industries in Malaysia are grappling with the coronavirus (Covid-19) turmoil that has led to the current depressed prices and gloomy export outlook in the coming months

KUALA LUMPUR: United Plantations Bhd (UP) posted improved net profit driven by higher palm oil prices in the first quarter, but said its performance for the rest of the year is difficult to predict due to the novel coronavirus (Covid-19) havoc.

KUALA LUMPUR (Reuters) - Malaysia, the world’s second largest palm oil producer, has agreed to accept a European Union proposal to set two separate limits on the presence of food processing contaminant 3-MCPD in edible oils and fats, according to a letter reviewed by Reuters.

KUALA LUMPUR: Malaysian palm oil futures climbed on Thursday, tracking a rebound in crude and gains in rival soybean oil, with bargain buying further boosting prices.

Malaysian palm oil futures ended 2% higher on Thursday, tracking a rebound in crude oil and gains in rival soyabean oil, with bargain buying after palm fell to near 9-month lows further boosting prices.

SINGAPORE, April 24 (Reuters) - Malaysian palm oil futures fell on Friday, tracking losses on the Dalian Commodity Exchange, and were headed their biggest weekly drop in six as a historic crude oil rout made them less attractive for biodiesel feedstock.

EU-27 imports of feedstocks from outside the bloc were lower on the year in February, while imports of biodiesel nearly doubled from a year earlier, according to provisional Eurostat figures.

Jakarta, CNN Indonesia -- Kementerian ESDM mencatat realisasi penyerapan biodiesel sebesar 2,17 juta kilo liter (KL) pada kuartal I 2020. Jumlah itu mencapai 90,4 persen dari total permintaan pembelian (purchase order/PO) mencapai 2,4 juta KL.