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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
More palm oil output recovery seen in coming months
Downgrade to neutral: Crude palm oil (CPO) prices had seen a strong recovery since August 2019 after a lacklustre performance for two years as markets were anticipating a sharp decline in fresh fruit bunch (FFB) production due to prolonged dry weather and lack of fertiliser application by planters due to financial constraint
VEGOILS-Palm oil down on coronavirus concerns, weaker ringgit limits losses
Malaysian palm oil futures fell on Monday as fears of the rapidly spreading coronavirus outbreak stoked demand worries, though a weaker ringgit limited losses.
Malaysia lowers export tax on Crude Palm Oil as prices tumble
The Malaysian government has lowered the tax on crude palm oil exports in April to 5% from 6% in March.
Veg oil imports down 10.5 per cent to 11.12 lakh tonnes in Feb
VEGETABLE oil imports fell 10.5 per cent to 11.12 lakh tonnes last month, mainly due to lower shipments of refined palm oil, according to industry data. Import of vegetable oil during February 2020
Multiplicative effects of RCEP on ASEAN trade
The conclusion of text-based negotiations for the Regional Comprehensive Economic Partnership (RCEP) in November 2019 paves the way for the economies of the Association of Southeast Asian Nations (ASEAN) to strengthen their economic integration with five of its dialogue partners, namely Australia, the People’s Republic of China, the Republic of Korea, Japan, and New Zealand
CBOT soyabean futures fall to contract lows
Chicago Board of Trade soyabean futures fell on Thursday, joining a broad sell-off in commodities and equities tied to fears that the coronavirus pandemic might trigger a global recession, traders said
CPO futures gained 44% in 2019 and closed at a high of RM3,052 per tonne by end-2019
S. Korea facing more trade barriers from emerging nations: report
Emerging countries launched dozens of new investigations against goods from South Korea in line with growing protectionism around the globe, data showed Monday
Ministry all out to help oil palm smallholders
Subsidies, the Malaysian Sustainable Palm Oil (MSPO) certification, recruitment of foreign workers, and theft of oil palm fresh fruit bunches are among the issues raised by smallholders
