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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
Palm oil futures extend gains on festival demand optimism
Palm oil futures surged for a fourth day on expectations that purchases will pick up to meet festive-season demand and production will rise slower than earlier predicted
Oil price slides as demand worries overshadow OPEC deal to deepen supply cuts
Oil prices fell on Thursday as the coronavirus epidemic showed no signs of slowing, feeding worries about the global economy and prompting investors to sell more risky assets like stocks and crude oil and park money in safe havens.
Barter trade deal with Iran; Ministry restarts consultative process
Commerce Ministry has restarted consultative process for a barter trade deal with Iran as normal bilateral relations are not possible between the two countries till removal of US sanctions
World food prices dip, hurt by coronavirus
World food prices slipped in February, ending four months of successive increases, with the spread of coronavirus dampening demand for some products, the United Nations food agency said on Thursday.
FGV says its mills and estates now fully MPSO-certified
FGV Holdings Bhd, one of the world’s largest producers of crude palm oil, said yesterday that all its 68 mills and 173 estates, covering some 373,517ha nationwide, are now fully certified under the Malaysian Sustainable Palm Oil (MSPO) certification
Uncertainty in an era of disrupted trade
The North American Free Trade Agreement (FTA) was completed. The European Union continued to integrate and expand. The Association of Southeast Asian Nations (ASEAN) and North Asian countries inched toward liberalisation. Australia signed free trade agreements with its major trading partners.
Wee thanks India over decision on palm oil import duties
Datuk Seri Dr Wee Ka Siong has thanked the Indian government for not extending its import duties on several varieties of palm oil from Malaysia.
B30 mixed-fuel to absorb 9.6-million KL of biodiesel in 2020
Implementation of the B30 biodiesel fuel program, a diesel fuel blended with 30-percent palm-based biofuel, is expected to absorb 9.6 million kiloliters (KL) of domestic biodiesel in 2020, Industry Minister Agus Gumiwang Kartasasmita stated.
Muhyiddin meets senior Miti officials to discuss on Apec 2020, international trade
Prime Minister Tan Sri Muhyiddin Yassin today met with senior officials from the Ministry of International Trade and Industry (Miti) to discuss, among others, the organising of the Asia Pacific Economic Cooperation (Apec) 2020 summit.
