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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
Post-RCEP Retreat: India likely to sign clutch of FTAs in FY21
In a move that could disprove the perception that India’s trade policy has lately tilted towards protectionism, the government has stepped up efforts to forge “balanced†bilateral free trade agreements (FTAs) with some of its major and potentially growing trading partners
Malaysian palm oil falls on declining exports
Malaysian palm oil futures fell more than 2% on Tuesday, weighed down by weak demand from top buyers India and China and expectations of higher production in February
MPOB exploring palm oil-based MCT as anti-viral agent to combat coronavirus
The Malaysian Palm Oil Board (MPOB) is exploring palm oil-based medium-chain triglycerides (MCT) as an anti-viral property, with the aim to boost the immune system to protect from the 2019 novel coronavirus (2019-nCoV) attack, director-general Dr Ahmad Parveez Ghulam Kadir said.
Oil prices rise about 1%, up from 13-month low as virus cases slow
Oil prices rose about 1% on Tuesday, up from 13-month lows as the number of new coronavirus cases slowed in China, easing some concern over the potential for lengthy oil demand destruction.
M’sia sees lower CPO demand from major destinations
Malaysia’s export demand for crude palm oil (CPO) remains under pressure as can be seen in January’s CPO exports dropping by 27.6 per cent year on year (y-o-y) to 1.2 million metric tonne (MT) levels.
Trade openness, not protectionism, the way forward for Malaysia
Malaysia can take a leaf from Japan's success story in practicing trade openness via a competitive market, rather than resort to protectionism, said a leading Japanese economis
Indonesia to start trial use of 40 percent biodiesel (B40) fuel in March: Association
The Indonesian Biodiesel Producers Association (APROBI) has said it will start the trial use of 40 percent biodiesel (B40) fuel in March, as a follow-up to the successful implementation of 30 percent biodiesel (B30) fuel.
Duties & Customs: Need to Excise With Caution
his Union budget has sought to increase customs duties on a range of products. This is, perhaps, keeping GoI’s ‘Make in India’ initiative in mind. It has also sought to introduce a new provision, Section 28DA, in the Customs Act to tighten imports under free and preferential trade agreements (FTAs and PTAs).
Sime Darby Oils, UKM plan liver treatment trials using palm oil extract
Sime Darby Oils (SDO) and Universiti Kebangsaan Malaysia (UKM) will carry out clinical trials to find out if the palm oil derived Tocotrienols can be used in treating non-alcoholic fatty liver disease (NAFLD).
