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The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday April 2

Malaysian palm oil futures rose in early trade on Monday on cargo surveyor data showing stronger March exports, before paring gains to close the morning session little changed amid concerns about higher production.

Chancellor Philip Hammond will tell cabinet on Tuesday that the Conservatives may have to consider referendum, since neither the party or the country could afford an election, the Times' deputy political editor said in a tweet

Britain was no nearer to resolving the chaos surrounding its departure from the European Union after parliament failed on Monday to find a majority of its own for any alternative to Prime Minister Theresa May's divorce deal

The Indonesian government is easing restrictions on Philippine agricultural exports as both countries seek to strengthen bilateral relations

Oil prices rose to fresh highs for the year on Tuesday, after a U.S. official said Washington is considering more sanctions on Iran and a key Venezuelan export terminal halted operations.

The cooperation of Government agencies, especially tourism-related agencies, is important in promoting the ‘Love MY Palm Oil’ campaign at the international level, said Primary Industries Minister Teresa Kok.

No state interest will be compromised in the process of bringing in much needed foreign investments.

Cooking oil producers are struggling to access foreign currency from the Reserve Bank of Zimbabwe (RBZ) and the interbank market, which they need to import key raw materials, raising fears the country might face fresh shortages of edible oils if the situation persists

The Centre has extended the deadline to impose higher tax on imports from the United States. The Department of Central Board of Excise and Customs issued a notification in this regard, stating that the higher import duties on 29 items, as an retaliatory measure, was deferred till May 2, 2019

Those in the primary industry need to shift their thinking on commodity levies as "just another tax", writes Federated Farmers Arable spokeswoman Karen Williams

A surge in demand for biofuel in China and Europe — despite controversial new rules in the bloc that may limit sales — is proving a bright spot for palm oil, which has been plagued by mounting stockpiles in Malaysia.