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MARKET DEVELOPMENT
06-02-2024

PREVIEW-Malaysia palm oil stocks likely fell three straight months to end-January

05/02/2024 (Nasdaq), Jakarta - Malaysia's palm oil stocks likely fell for three straight months to the end of January, in line with seasonal low production in the world's second biggest palm oil producer, a Reuters survey showed on Monday.

MARKET DEVELOPMENT
06-02-2024

Palm oil closes higher on output concerns

06/02/2024 (Hellenic Shipping News) - Malaysian palm oil futures reversed early losses and snapped a four-session losing streak to close higher on Monday, with concerns of lower January output and a weaker ringgit underpinning the market.

MARKET DEVELOPMENT
06-02-2024

Why economists get their forecasts wrong?

05/02/2024 (The Jakarta Post) - Economists are taking flak after missing the mark on inflation, failing to anticipate disruptions in global supply chains and forecasting a recession that has not materialised.

MARKET DEVELOPMENT
06-02-2024

Biofuels Center Plate at Bacon Brunch

05/02/2024 (Brown Field) - Indiana agricultural organizations prioritized the need for a state biofuel tax incentive during Monday’s Bacon Bar and Brunch with lawmakers at the statehouse.

MARKET DEVELOPMENT
05-02-2024

Ramadan supplies ample, yet no hope for price fall

04/02/2024 - (The Business Standard) - Global commodity prices have fallen and traders have also built good stocks of sugar, dates, edible oil, pulses, chickpeas and onions for Ramadan market, but there is no good news for local consumers. Prices are unlikely to decrease as traders argue the dollar crisis and the Red Sea conflict have made their imports costlier.

MARKET DEVELOPMENT
05-02-2024

Exports hit an all-time high at $5.72b in January

04/02/2024 (The Business Standard) - Bangladesh's merchandise export earnings reached $5.72 billion in January, highest in a single month so far, bringing another good news on the external sector in the first week of this month after monthly remittance hit seven-month peak.

MARKET DEVELOPMENT
05-02-2024

FAO: Food price index down again in January

05/02/2024 (Business Mirror) - The benchmark for world food commodity prices fell further in January, albeit slightly, led by decreases in the prices of cereals and meat, which more than offset an increase in the sugar prices, the Food and Agriculture Organization of the United Nations (FAO) said Friday.

MARKET DEVELOPMENT
05-02-2024

Indonesia hopes for delay in EUDR implementation

03/02/2024 (Antara News), Jakarta - Indonesia has expressed the hope that the implementation of the European Union Deforestation Regulation (EUDR) will be delayed for the sake of plantation smallholders.

MARKET DEVELOPMENT
05-02-2024

CPOPC: EUDR task force work with Malaysia, Indonesia to establish dedicated teams, timeline for implementation

02/02/2024 (Malaysia Mail), Kuala Lumpur - The second meeting of the Ad Hoc Joint Task Force (JTF) on the European Union Deforestation Regulation (EUDR) held in Putrajaya today decided to establish dedicated teams and timeline to advance the work under each workstream.

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PALM NEWS MALAYSIAN PALM OIL BOARD Tuesday, 26 Nov 2024

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