Archived News
18-11-2019
Plantation firms set to see best quarter since 2017 — analyst
KUALA LUMPUR: After suffering through the past two years from low crude palm oil (CPO) prices, plantation companies are beginning to see some light at the end of the tunnel.
18-11-2019
GRAINS-Soybeans rise for third session on China-U.S. trade deal hopes
SYDNEY, Nov 18 (Reuters) - U.S. soybean futures edged higher on Monday, extending gains into a third session, as hopes grew that a trade deal between Washington and Beijing could be signed soon following a report of “constructive talks†over the weekend.
18-11-2019
Malaysia signs 2020 palm oil export deal for south Asia
Malaysia signed a pact on Thursday for exports of palm oil to south Asia next year, amid uncertainty over trade with India after its dealers last month urged a boycott of palm oil from the southeast Asian nation.
18-11-2019
Good news for Malaysia as France moves to delay end of tax break on palm oil
KUALA LUMPUR: The move by France to delay until 2026 the end of palm oil’s tax advantages instead of next year is a piece of good news for palm oil-producing countries like Malaysia, Primary Industries Minister Teresa Kok Suh Sim said.
18-11-2019
Research stations get MSPO certification
KUALA LUMPUR: Eight Malaysian Palm Oil Board (MPOB) research stations have received the Malaysian Sustainable Palm Oil (MSPO) certification on July 31.
15-11-2019
Malaysia signs deals to sell palm oil in South Asia, China
Malaysia has signed an agreement with a major supply chain manager for the export of palm oil next year to the South Asian region amid the recent spate with Indian oil associations as well as the European Union’s potential displacement of palm bio-fuels
15-11-2019
Why India needs to rethink its decision to opt out of RCEP
After negotiating for about seven years, India decided to opt out of the Regional Comprehensive Economic Partnership (RCEP) earlier this month. One argument used to justify the pull-out is that free trade agreements (FTAs) don’t amount to free trade
15-11-2019
M’sia enhances trade ties to boost palm export
Malaysia strikes key palm oil partnership deals with two major supply chain managers in the United Arab Emirates (UAE) and China to facilitate greater palm oil penetration in China, India and the Indian sub-continent.
15-11-2019
Palm oil rises
Malaysian palm oil futures closed higher on Thursday, after two sessions of declines, as India resumed purchases of the vegetable oil after a month-long pause.
15-11-2019
China free trade agreement negotiations to start in December
Negotiations for a free trade agreement between Cambodia and China, the second-biggest economy in the world, will begin next month, the Chinese Embassy in Phnom Penh announced yesterday.
15-11-2019
Mexico plans huge increase in palm oil production in sensitive ecosystems
The Mexican state of Campeche sits on the Yucatan Peninsula, a region renowned for its lush jungles and high biodiversity. But the state’s forests are being wiped out by agriculture and fire, threatening habitat for wildlife and the land indigenous communities need to survive
15-11-2019
Local biodiesel demand reaches record levels, boost to CPO price
MALAYSIA’S rising demand for biodiesel has helped push the prices of crude palm oil (CPO) to levels last seen two years ago, offering some respite to a topsy-turvy year for the country’s key export commodity.