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Palm oil’s searing rally likely forced many buyers from India to the sidelines in November, with purchases by the world’s biggest importer dropping to a five-month low

Thailand's trade negotiation chief vows next year will see the signing of the Regional Comprehensive Economic Partnership (RCEP), the wrapping up of free trade agreement (FTA) negotiations with Turkey, and opening FTA talks with the EU and the UK.

Stronger demand from China and Pakistan for Malaysian palm oil last month failed to fully offset the decline in demand from India and other markets such as the US, an analyst said.

Investors continued to rotate into plantation stocks on the back of rising crude palm oil prices and falling inventory levels, which have seen the sector outperforming the broader market in recent weeks.

RHB Investment Bank Bhd (RHB IB) has maintained its "trading buy" call on FGV Holdings Bhd at RM1.42 with a higher target price (TP) of RM1.65 (from RM1.55), and said it anticipated earnings to continue improving on the back of higher crude palm oil (CPO) prices and lower unit costs.

INVESTORS continued to rotate into Singapore-listed plantation stocks on the back of rising crude palm oil (CPO) prices and falling inventory levels, which have seen the sector outperforming the broader market in recent weeks.

The Indian High Commisioner to Malaysia, Shri Mridul Kumar, today rubbished any incident of a palm oil boycott by India against Malaysia, when asked about the update on the reported disputes between the two nations.

Palm oil futures ticked lower on Tuesday, dropping for the first time in seven sessions after data showed Malaysian palm oil inventories fell less than expected last month while exports slid.

Analysts remain upbeat on palm oil prices next year after Malaysia's palm oil inventory fell to a three-month low in November and exports to China remained steady.

Energy and Mineral Resources Minister Arifin Tasrif’s recent statement at the House of Representatives that oil companies would be allowed to choose either cost-recovery or the fixed gross-split scheme for their production sharing contract (PSC) will go a long way toward reinvigorating investment in exploration.

Demand for palm-oil has been projected by Affin Hwang Investment Bank Bhd (AffinHwang Capital) to stay healthy while Malaysian palm-oil inventory is set to trend downward.

Consumption spending will stay resilient in 2020 but subdued growth is expected, analysts project