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Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Malaysia raises palm oil export duty for April
Middle East conflict boosts demand for alternative fuels
Why India needs to rethink its decision to opt out of RCEP
After negotiating for about seven years, India decided to opt out of the Regional Comprehensive Economic Partnership (RCEP) earlier this month. One argument used to justify the pull-out is that free trade agreements (FTAs) don’t amount to free trade
M’sia enhances trade ties to boost palm export
Malaysia strikes key palm oil partnership deals with two major supply chain managers in the United Arab Emirates (UAE) and China to facilitate greater palm oil penetration in China, India and the Indian sub-continent.
Palm oil rises
Malaysian palm oil futures closed higher on Thursday, after two sessions of declines, as India resumed purchases of the vegetable oil after a month-long pause.
China free trade agreement negotiations to start in December
Negotiations for a free trade agreement between Cambodia and China, the second-biggest economy in the world, will begin next month, the Chinese Embassy in Phnom Penh announced yesterday.
Mexico plans huge increase in palm oil production in sensitive ecosystems
The Mexican state of Campeche sits on the Yucatan Peninsula, a region renowned for its lush jungles and high biodiversity. But the state’s forests are being wiped out by agriculture and fire, threatening habitat for wildlife and the land indigenous communities need to survive
Local biodiesel demand reaches record levels, boost to CPO price
MALAYSIA’S rising demand for biodiesel has helped push the prices of crude palm oil (CPO) to levels last seen two years ago, offering some respite to a topsy-turvy year for the country’s key export commodity.
India resumes buying Malaysian palm oil as Kuala Lumpur offers discount -traders
Indian refiners have resumed buying Malaysian palm oil after a gap of nearly a month and contracted around 70,000 tonnes of shipments in December as Kuala Lumpur has been offering a $5 per tonne discount over supplies from rival Indonesia, five traders told Reuters on Thursday.
UPDATE 1-Malaysia signs 2020 palm oil export deal for south Asia
Malaysia signed a pact on Thursday for exports of palm oil to south Asia next year, amid uncertainty over trade with India after its dealers last month urged a boycott of palm oil from the southeast Asian nation.
An erosion of trust in palm oil
Uncovered documents show European Union officials had concerns palm oil regulations would jeopardize EU-Indonesia relations and break global trade rules under the World Trade Organization. But EU officials have been defiant in terms of an international legal challenge