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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
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).
Regional Gov't, NGO Empower Palm Oil Farmers in South Tapanuli
Smallholding palm oil farmers are no strangers to being made a scapegoat for forest destruction across Indonesia. But deep in the heartland of North Sumatra, the farmers show that with the right skills and knowledge, they can also become frontline guardians of the forest
Cambodia will not 'bow its head' for EU trade preference
Cambodia's strongman leader Hun Sen said Tuesday (Feb 11) his country would not "bow its head" to the European Union as the bloc prepares to decide whether to cancel trade benefits to the kingdom over its human rights record.
Malaysia and UK exploring new areas for cooperation
Malaysia and the UK are exploring non-traditional areas to enhance the long-standing bilateral relations enjoyed by the two countries including in the areas of government reforms, fighting corruption and tackling human rights, said Foreign Minister Datuk Saifuddin Abdullah.