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Malaysia raises palm oil export duty for April
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Middle East conflict boosts demand for alternative fuels
Palm falls on weak rival oils, crude oil prices, April demand concerns
New Delhi must stay out of RCEP to protect its industry, agriculture: Forum for Trade Justice
The Regional Comprehensive Economic Partnership (RCEP) pact which India is negotiating with 15 others, including the 10-member ASEAN and China, will not only hit industrial sectors and agriculture the most because of tariff elimination but may also force the country to give up its policy space in determining e-commerce and investment rules, the Forum for Trade Justice has cautioned. The forum includes academicians, economists, farmer bodies and labour representatives.
Palm oil ends higher
Malaysian palm oil futures recouped losses to end higher on Tuesday as the country eyed more imports from India, days after a report stated that India was considering restricting imports of palm oil and other products from the country.
Why don’t consumer brands promote their sustainable palm oil credentials?
Some companies think the Roundtable on Sustainable Palm Oil logo looks too much like a marijuana leaf. Others don’t want to highlight that the controversial oil—sustainable or not—is in their products.
Government to expedite studies on Thai-EU FTA
The government pledges to speed up studies on the opportunities and challenges in reviving long-delayed trade talks between Thailand and the EU after the Council of the EU said in a statement on Tuesday the bloc aims to resume negotiations with Thailand on a free trade agreement (FTA).
RM27 mln to intensify ‘Love My Palm Oil’ programme
The Ministry of Primary Industries will capitalise on the RM27 million allocation proposed in the 2020 Budget to intensify the ‘Love My Palm Oil’ campaign to address the negative perception of the country’s oil palm industry.
Asian shares cheered by Brexit deal hopes, sterling shines
Asian shares took off on Wednesday and sterling held near six-month highs as Britain and the EU made headway on a Brexit deal ahead of a leaders' summit though it remained unclear if London could avoid postponing its scheduled departure on Oct 31
Malaysia offers to increase imports from India after Kashmir row
Malaysia is considering raising imports of raw sugar and buffalo meat from India, potentially easing trade tensions after reports New Delhi could restrict Malaysian palm oil imports following the country’s criticism of India’s actions in Kashmir.
‘Bring it on,’ EU MP says of trade fight over palm biofuel phase-out
The European Parliament will proceed with phasing out palm oil-based biofuel by 2030 despite threats of retaliatory action by Indonesia and Malaysia, the world’s biggest producers of the ubiquitous vegetable oil.
Malaysia says eyeing more imports from India after threat of palm oil restrictions
Malaysia on Tuesday said it will look to increase imports of crude sugar and buffalo meat from India, after reports that New Delhi is considering restricting imports of palm oil from Malaysia.
