Latest News

MARKET DEVELOPMENT
03-12-2019

Certified palm oil could trade in higher prices

INDUSTRY players could see an increase in trading prices for Malaysian Sustainable Palm Oil (MSPO)-certified palm oil as the government sets a mandatory standard beginning 2020.

MARKET DEVELOPMENT
03-12-2019

Govt likely to allow import of refined edible oils in 5-kg packs

NEW DELHI â€“ The government may allow import of refined edible oils in 5-kg consumer packs, a source close to the development said today.

MARKET DEVELOPMENT
03-12-2019

No more new oil palm plantations, focus is on conserving environmentâ€™

KUCHING: Chief Minister Datuk Patinggi Abang Johari Tun Openg said the Sarawak government will no longer approve the opening of new oil palm plantations, as part of efforts to convince the European Union (EU) that the state is serious in conserving its environment.

MARKET DEVELOPMENT
03-12-2019

Palm edges lower on dim exports outlook, profit-taking

SINGAPORE: Malaysian palm oil futures closed lower on Monday, slipping from a two-year high hit in the previous session, as lacklustre export data clouded outlook and traders locked in gains.

MARKET DEVELOPMENT
02-12-2019

VEGOILS-Palm falls 1.3% on lacklustre export outlook, profit-taking

Malaysian palm oil futures fell more than 1% on Monday, after hitting a two-year high in the previous session, as lacklustre export data clouded outlook and as traders booked profit

MARKET DEVELOPMENT
02-12-2019

Loss-making Liberia, low CPO prices drag Sime Darby Plantationâ€™s 3Q19 profit

SIME Darby Plantation Bhd posted a net profit of RM32 million for the third quarter ended September 2019 (3Q19) as the upstream division delivered a lower operating profit while Liberiaâ€™s losses widened.

MARKET DEVELOPMENT
02-12-2019

China wants US tariffs rolled back in phase one trade deal

Beijing's top priority in any phase one trade deal with the United States is the removal of existing tariffs on Chinese goods, China's Global Times newspaper reported, amid uncertainty on whether the two sides can end a 17-month trade war that has depressed global growth

MARKET DEVELOPMENT
02-12-2019

Money in bioplastics for SME

LOCAL small and medium enterprises (SMEs) can spur Malaysiaâ€™s potential as a global bioplastics hub, according to Malaysian Bioeconomy Development Corporation Sdn Bhd

MARKET DEVELOPMENT
02-12-2019

2nd phase of China-Pakistan FTA comes into effect

The second phase of China-Pakistan Free Trade Agreement has come into effect, allowing Pakistani manufacturers and traders to export over three hundred new products on zero duty to the Chinese market.

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