Archived News
05-09-2019
Palm Stockpiles in Malaysia Seen at 14-Month Low on Exports
Palm oil inventories in Malaysia likely slumped to a 14-month low in August as exports from the world’s second-largest grower jumped.
05-09-2019
India raises import tax on Malaysian refined palm oil by 5%
India has raised the tax on refined palm oil from Malaysia to 50% from 45% for six months to curb imports and boost local refining.
05-09-2019
Malaysian palm edges up on stronger soyoil
Malaysian palm oil futures rose over 1% on Wednesday before paring some gains, lifted by higher overnight prices of soyoil on the Chicago Board of Trade (CBOT) and a technical correction.
05-09-2019
China, US to hold trade talks in October
China and the United States agreed to hold high-level trade talks in early October in Washington, China's commerce ministry said on Thursday, amid fears that an escalating trade war could trigger a global economic recession.
05-09-2019
Strong exports data lifts ringgit in early trading
The ringgit was higher against the US dollar in the early trading today as market sentiment for the local note was lifted by the country's strong exports data.
05-09-2019
Oil Palm Farmers Partner Up With Gapki
The Indonesian Oil Palm Farmers Association, Apkasindo, has formed a partnership with the Indonesian Palm Oil Association, Gapki, to support the country's palm oil industry. The two associations met in Jakarta on Tuesday.
05-09-2019
Palm edges up on stronger overnight soyoil
Malaysian palm oil futures rose over 1% on Wednesday before paring some gains, lifted by higher overnight prices of soyoil on the Chicago Board of Trade (CBOT) and a technical correction.
05-09-2019
Govt to push for more palm oil deals with Japan, says minister
THE government is expected to initiate talks with Japanese food and beverage (F&B) firms that are involved in the 2020 Summer Olympics and Paralympics to utilise and supply Malaysian palm oil and palm oil-based products.
05-09-2019
Indonesia sees surge in nickel-related exports after ore export ban
ndonesia’s ban on nickel ore exports could boost the country’s earnings from the metal five-fold in the next five years through growth in industries such as stainless steel and battery materials, a minister said on Wednesday.
04-09-2019
Malaysian palm oil price slides to 2-week low as US soyoil, slowing demand growth weighs
Malaysian palm oil futures fell over 2% at the close of trade on Tuesday, pressured by weaker export growth and losses in soyoil on the Chicago Board of Trade.
04-09-2019
Ringgit opens higher in early trade
The ringgit was higher against the US dollar in the early trading today on better demand for the local note, following the release of weak manufacturing data from the United States
04-09-2019
China seen heading for sub-6% economic growth as tariffs soar
Economists are downgrading their forecasts for economic growth in China again, to below a level seen as necessary for the Communist Party to meet its own goals in time for its centenary in 2021.