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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
Import duty on crude, refined palm oils cut by 5%
The government on Wednesday slashed import duty on refined palmolein from 50 per cent to 45 per cent, while that on crude palm oil (CPO) from 40 per cent to 37.5 per cent with immediate effect, a move that the industry opposed saying it will hurt domestic refiners.
Chinese iron ore has stellar 2019
China’s iron ore futures were the best performing commodity in 2019, more than doubling in value while natural gas ranked as the biggest loser, dropping by more than a quarter
Palm oil import duty reduction disappoints industry
The government's move to reduce import duty on refined and crude palm oil ,will hurt domestic refining industry, said Solvent Extractors’ Association (SEA), an apex trade body of the vegetable oil Industry.
What's the link between palm oil and the Kashmir dispute?
Malaysia's palm oil industry has become an unexpected casualty of a row with India over disputed Kashmir.
CBN’s intervention to save palm oil industry
The Governor of the Central Bank of Nigeria, Godwin Emefiele’s call the other day on state governors to assist in stopping the outflow of about $500 million annually for the importation of palm oil should not be ignored by relevant stakeholders.
EU produces a third of global biomass-based diesel output
In the EU, biodiesel production has increased for another year, accounting for more than one third of global production, according to a December release by Germany’s UFOP.
‘Economy to remain resilient’
PETALING JAYA: The Malaysian economy is set to recover in the second half of 2020, with no major economic crisis on the horizon, analysts say.
CPO ends 2019 on a high note
PETALING JAYA: Crude palm oil (CPO) prices ended the year 2019 on a high note, with third-month CPO futures closing at RM3,046 per tonne.
Palm oil industry’s earnings to rise in coming quarters
RESEARCH houses expect earnings boost in the coming quarters for the palm oil industry as futures closed above RM3,000 per tonne for the first time in three years recently.
