Archived News
14-05-2019
China will ‘never surrender’ as US trade row heats up
China will never surrender to external pressure, the government said, though stopped short of announcing how Beijing will hit back after Washington renewed its threat to impose tariffs on all Chinese imports in an escalating trade dispute
14-05-2019
Impact of US-China rift outweighs decline in CPO stockpiles
The adverse effects on crude palm oil (CPO) price from US-China trade war have far outweighed the larger-than-expected decline in stockpiles, analysts continue to observe on the plantation sector.
14-05-2019
FTA talks resume in wellington
Negotiations this week in Wellington are expected to further advance a free trade agreement (FTA) between New Zealand and the European Union (EU).
14-05-2019
Trump and Xi to meet after defiant China hits U.S. with new tariffs
U.S. President Donald Trump said on Monday he would meet Chinese President Xi Jinping next month as the trade war between the world’s two largest economies intensified, sending shivers through global markets.
14-05-2019
EU Visit to Oil Palm Plantation in Riau Eases Tensions
Eight EU representatives from Belgium, Spain, Finland, Ireland, Sweden, Hungary, the Netherlands and the United Kingdom, and a representative from the Food and Agriculture Organization, visited an Indonesian Sustainable Palm Oil-certified oil palm plantation in Riau on Thursday.
14-05-2019
Various initiatives taken to promote palm oil exports
The Primary Industries Ministry has taken various efforts to expand the palm oil market overseas, including holding monthly delegation visits to countries identified as potential buyers of the commodity.
14-05-2019
China hikes tariffs on US goods after Trump warning
China said on Monday it would impose higher tariffs on most U.S. imports on a revised $60 billion target list, hitting back at a tariff hike by Washington on $200 billion of Chinese goods in a further escalation of a bitter trade war
13-05-2019
China defiant toward US on trade, Kudlow urges strong enforcement steps
The United States and China appeared at a deadlock over trade negotiations on Sunday as Washington demanded promises of concrete changes to Chinese law and Beijing said it would not swallow any "bitter fruit" that harmed its interests
13-05-2019
Oriental sees higher CPO yields on new planting
Oriental Holdings Bhd is looking to deliver higher oil yields by planting additional oil palm trees in Indonesia and replanting ageing trees in Malaysia
13-05-2019
CIMB Research sees CPO trading around RM2,400 in 2019
CIMB Equities Research is maintaining its average crude palm oil (CPO) price forecast of RM2,400 per tonne for 2019F and its neutral view on the sector
13-05-2019
Further drop in CPO inventory to support prices over next two months
Falling palm oil inventories should help to support crude palm oil prices, which has been hovering near its lowest levels this year.
13-05-2019
EU-M'sia ties to remain strong despite palm oil issue, says EU ambassador
The European Union (EU) is optimistic that its relationship with Malaysia will remain strong even in the midst of the discord regarding the palm oil issue