Archived News
01-07-2019
Palm oil may fall to 1,929 ringgit
SINGAPORE (July 1): Palm oil may fall to 1,929 ringgit, as it has broken a support at 1,971 ringgit per tonne.
01-07-2019
Malaysia Unhappy About Europe’s New Palm Oil Rules
The European Union and the world’s largest palm oil exporters, Malaysia and Indonesia, are having their own trade dispute.
01-07-2019
Extra security for Sabah-P’pines trade activities
KOTA KINABALU: Commercial trading activities between Sabah and southern Philippines are set to be safer, thanks to the co-operation of the Philippine army and navy.
01-07-2019
Iran rebukes new sanctions by US government
THE US government announced new sanctions on the Iranian Supreme leader, Ayatollah Ali Khamenei, on the access to international financial system. Iran rebuked the new sanctions and said this would cut the diplomatic ties between the two countries completely.
01-07-2019
CPO to extend bearish trend on subdued demand
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to extend its bearish trend next week on subdued demand, trading at between RM1,900 and RM1,945 a tonne, said a dealer.
01-07-2019
These Six U.S. Exports To China Have Been Particularly Hard Hit By Trade War
U.S. exporters of six specific products received a sliver of hope over the weekend, now that President Trump and Chinese President Xi Jinping have agreed to renew negotiations to end the trade war between the world's two largest economies.
28-06-2019
Palm Oil Posts Its Longest Quarterly Slump on Record
(June 28): Palm oil is stuck in rut and it’s not likely to get out anytime soon
28-06-2019
Palm oil drops
SINGAPORE: Malaysian palm oil futures slid for a sixth consecutive session on Thursday with prices trading near seven-month low, weighed down by slowing demand.
28-06-2019
India Edible Oil: Mixed; MCX CPO eases tracking Bursa Malaysia
NEW DELHI – Futures contracts of the edible oil basket were mixed today on domestic exchanges with soybean and refined soyoil moving up, and mustard and crude palm oil falling, analysts said.
28-06-2019
Amid FGV director pay controversy, palm oil price hit by worst quarterly fall on record
KUALA LUMPUR, June 28 — The price of palm oil has now fallen for the longest period since tracking began, with the commodity grappling with both a continuing oversupply and weak global demand.
28-06-2019
Palm oil drops for 6th session on dismal demand
SINGAPORE (June 27): Malaysian palm oil futures slid for a sixth consecutive session on Thursday with prices trading near seven-month low, weighed down by slowing demand.
28-06-2019
Indonesia keeps crude palm oil, cocoa export taxes unchanged in July
Indonesia’s export taxes on crude palm oil will remain at zero for the month of July, while export taxes for cocoa beans will stay at 5%, according to Trade Ministry