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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
Vegetable oil imports down 6% at 11.96 lakh tonnes in January 2020 Inbox
During first quarter of current oil year, November 2019-January 2020, import of refined oil (RBD Palmolein) decreased to 2,66,859 tonne from 4,06,799 tonne in same period of last year. However, import of crude oil increased marginally and was reported at 30,94,068 tonne compared to 30,22,951 tonne during the same period of last year
Indonesian envoy calls for strengthening agriculture, academic ties
Indonesian Ambassador to Pakistan Iwan Suyudhie Amri has said that Indonesia and Pakistan agriculture and academic bilateral ties will be further strengthened to get benefit from each other experiences.
Punishing Cambodia is going to backfire on EU
In taking the drastic step of suspending Cambodia's tariff-free access to EU markets last week, the European Commission hoped it would incentivize Phnom Penh to repair human rights violations and improve its governance
Trade and commerce: IMF asks Pakistan to cut reliance on China
The IMF has also asked Islamabad "to reduce its trade and commerce reliance on Beijing" and look for other international options by signing free trade agreements with other countries too
Pulse Rate: India’s trade policy on pulses needs to be stable, says Canada
India’s trade policy on pulses needs to be “consistent and transparentâ€, Davis Marit, the agriculture minister of Saskatchewan, the largest pulses producing province of Canada, said on Thursday
Malaysia backs off from WTO suit against EU on palm oil
Malaysia no longer plans to file a WTO lawsuit against EU restrictions on palm oil-based biofuel and will instead seek to convince European to change its treatment of the crop in a review scheduled for 2021.
Vegetable Oil Import Falls 4.7% In Last Three Months
The Solvent Extractors' Association of India has compiled the Import data of Vegetable Oils (edible & non-edible) for the month of January 2020.
ASEAN’s shift to biogas
On the supply side, the region has an abundance of palm oil. Palm oil waste, known as palm oil mill effluent (POME) is the active ingredient that produces the biogas and is generated in large volumes during the production of crude palm oil. Southeast Asia is not short of palm oil mills
Malaysia March export tax for crude palm oil unchanged at 6%
Malaysia has held its export tax for crude palm oil unchanged at 6% for March, the Malaysian Palm Oil Board said on Thursday, citing the national customs department.
