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In a blow to Bangladesh’s apparel exporters, the EU, the country’s largest export destination, has extended duty-free access to Vietnam, eliminating the competitive edge that the country held over its biggest rival in the trade.

Indian and US trade negotiators will meet on Friday, with little sign of a compromise on a series of protectionist measures taken by the two governments in recent months that have strained ties between the strategic partners.

Palm oil still targets RM1,966 per tonne, as it could have reversed its downtrend at the July 10 low of RM1,916.

Crude palm oil (CPO) prices are expected to remain subdued in the coming months because of oversupply, competitive pricing from Indonesia, and projections of higher production in the second half of 2019 (2H19), according to analysts.

Acreage of most kharif crops is under threat this year due to poor monsoon rains so far. Soybean, however, may be an exception.

Palm snaps three previous days of losses

US President Donald Trump directed yet another blast of criticism at India’s policy on import tariffs

The Centre is banking on a new study on services trade to strengthen its hand in the ongoing trade negotiations as well as gather data to map the sector better.

Opportunities provided by free trade agreements (FTAs) will only exist on paper if local authorities and enterprises do not take prompt and concrete actions to take advantage, experts said at a meeting on Wednesday in Hà Nội.

The recent release of June data showed palm oil stockpiles slipped 1% to 2.42 million MT for a fourth straight month of declining inventory.

U.S. soybean futures edged lower on Thursday, retreating after earlier hitting a 10-day high, as traders squared positions ahead of a U.S. government report that is expected to show lower yield forecasts after recent adverse weather.

OIL palm is not a native crop. Its true home, where it still grows wild, is in the west African states of Nigeria, Ghana and Cameroon.