|
Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO FUTURES RALLY ABOVE RM4,500 PER TONNE, HIGHEST SINCE OCTOBER LAST YEAR
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Plantation experts concerned over May CPO exports
PETALING JAYA: Plantation experts are concerned about crude palm oil (CPO) exports from May onwards, as many nations are still battling against the Covid-19 pandemic, with no vaccine in sight to-date.
Reps use up allocations to help the needy
JOHOR BARU: Johor assemblymen say the RM20,000 state allocation that each received from state government to help the needy during the Covid-19 pandemic is not enough.
Indonesian Palm Oil, Homebuilders More Exposed to Coronavirus
Fitch Ratings-Jakarta/Singapore-16 April 2020: The coronavirus pandemic will exacerbate the challenges for Indonesian corporates such as crude palm oil (CPO) producers and homebuilders that were already facing pressure on their credit profiles in 2019, Fitch Ratings says. Fifty-five percent of Indonesian corporates operate in sectors that have 'Moderate' to 'High' exposure to the disruptions caused by the coronavirus outbreak, and have 'Low' or only 'Moderate' rating headroom at their current ratings, based on a review of Fitch's 51 publicly rated corporates in the country.
China’s soybean shortage abates at southern ports
Soybean crushers in southern China have begun to receive beans again from South America, easing a supply shortage in the world’s top market, crushers and analysts said.
Malaysian palm oil up
Malaysian palm oil futures ended higher on Wednesday, in line with gains in Dalian oil prices, although weaker crude prices and falling exports due to coronavirus-led lockdowns capped gains
Oil sinks after record 19mn-barrel US crude build
US crude prices fell to an 18-year low and Brent lost more than 6% on Wednesday after the United States reported its biggest weekly inventory build on record, while global demand is expected to fall to quarter-century lows due to the coronavirus pandemic
Policy on tariff rationalisation for FY 2020-21
The Ministry of Commerce has tabled major proposals for rationalisation of customs tariff including elimination of fifth schedule of Customs Act, introduction of zero slab and removing additional customs duty and regulatory duties in phased manner starting from next budget for 2020-21.
Palm oil prices up on higher rival oils and crude, slowing exports weigh
Malaysian palm oil futures climbed for the third day on Thursday, tracking higher oil, but gains were capped by a drop in exports due to the coronavirus-driven lockdowns
World oil demand forecast to suffer biggest drop ever
Global demand for oil will fall this year by the most ever due to the economic lockdowns enforced around the world to contain the coronavirus pandemic, the International Energy Agency said Wednesday
