Archived News

• The Malaysian ringgit might benefit from a trade deal between the U.S. and China, according to the head of foreign exchange strategy for emerging markets Asia at J.P. Morgan. • Reports have suggested that China might buy more commodities from the U.S. if they come to a deal. • "We think that U.S.-China trade tensions are going to help put a floor under things like crude palm oil prices, because China's going to be importing more of those ... commodities from the U.S," said Jonathan Cavenagh.

THE Department of Agriculture (DA) said the representative of an Austrian-registered firm which controls a distribution network in Eastern Europe is currently inspecting coconut oil mills in southern Luzon to explore the possibility of producing coconut products for export.

“Forests and forest resources are crucial for Indonesia and the world fighting climate change,” said Director-General of Center for International Forestry Research (CIFOR), Robert Nasi, in his opening address at the signing of the Memorandum of Understanding with CIFOR and the Indonesian government last week.

The drastic reduction in soybean crushing activities and imports by China could be a big game changer for the global oils and fats market, said leading vegetable oils analyst Thomas Mielke.

Human land use will put 1,700 species at greater risk of extinction by 2070, say Yale University ecologists, as animal habitats shrink under human demand for natural resources

“There’s a rang-tan in my bedroom and I don’t know what to do,” the small girl says. The rang tang replies, “there’s a human in my forest and I don’t know what to do.”

* Feb stocks to fall 1.7 pct from Jan to 2.95 mln T -survey * Output to decline to 1.6 mln T, down 8 pct -survey * Exports estimated down 14 pct at 1.44 mln T -survey * Malaysian Palm Oil Board data due March 11

The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday March 6.

Malaysian palm oil futures inched higher on Tuesday, with traders expecting more upbeat outlooks from participants at an industry conference this week.

Malaysia will present legal and technical arguments this week against an EU plan to limit the use of palm oil, the head of the country's marketing agency said on Tuesday, opposing a move that could lead to an eventual ban on the edible oil.

Oil prices held near flat on Tuesday as the market wavered on expectations that the United States and China would reach a trade agreement as early as this month while awaiting U.S. government crude inventory data.

The FBM KLCI slipped further on Tuesday as China's cut in economic expansion plans weighed on global prospects.