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Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
CPO prices seen at RM4,400-RM4,600 on tighter supply
Palm retreats from 21-month high on stock outlook, weak exports
Palm slips over 1% on weaker soyoil, bearish MPOB data
S'pore, other countries reaffirm commitment to sign RCEP this year
Singapore and other stakeholders have reiterated their commitment to sign the Regional Comprehensive Economic Partnership (RCEP) mega trade deal this year, despite the turmoil stemming from the Covid-19 pandemic.
Oil palm plants among 330 factories subjected to enforcement action — DoE
Three oil palm processing plants were among 330 factories nationwide, which have been subjected to enforcement action, Environment Department (DoE) director-general Norlin Jaafar said.
VEGOILS-Palm sheds early gains after traders flag short-lived recovery
Malaysian palm oil futures shed early gains on Tuesday as traders feared that the surge in demand and exports would eventually lose steam if there is a second wave of COVID-19.
Plantation experts have mixed views on CPO price outlook
Plantation experts, who attended the web-based palm oil internet seminar (Pointers), have mixed views on the crude palm oil price (CPO) outlook, following Covid-19 that would continue to slowdown the demand for the commodity globally, Public Investment Bank said.
Exports of Malaysian palm oil to Africa set to rise this year
The exports of Malaysian crude palm oil (CPO) to the African continent are expected to increase to about nine million tonnes this year, compared with six million tonnes over the last decade, said 3XG UK Consulting Limited.
VEGOILS-Palm oil bounces back on stronger crude
Malaysian palm oil futures bounced back on Tuesday as crude prices rose, but gains were limited by fears that the surge in demand and exports would eventually lose steam if there is a second wave of COVID-19 infections.
RCEP trade pact on track for 2020 signing: ministers
The world’s biggest trade pact RCEP will be signed later this year, participating countries said in a statement on Tuesday, adding that the coronavirus pandemic had increased the deal’s importance.
Europe urges Vietnam to restart flights as FTA takes effect
Europe has joined the growing number of economies urging Vietnam to resume international flights, as the country appears virtually free of the coronavirus and represents a strong investment destination for those seeking diverse supply chains
VEGOILS-Palm oil up on higher June exports, U.S.-China trade tensions cap gains
Malaysian palm oil futures firmed on Tuesday supported by a surge in exports in June as countries relax their coronavirus-led curbs, but jitters over confusing comments from the White House on the U.S.-China trade deal capped gains.
