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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
Malaysia end-July palm oil stocks slip to one-year low — MPOB
KUALA LUMPUR (Aug 13): Malaysian palm oil end-stocks fell unexpectedly in July, slipping to a one-year low, as exports outpaced forecasts and imports fell sharply from the previous month, industry regulator data showed on Tuesday.
Indonesia seen returning to trade deficit in July
JAKARTA (Aug 13): Indonesia is likely to have swung back to a trade deficit in July, which would snap a two-month streak of trade surplus, as the country's exports and imports are seen plunging amid broader weakness in global trade, a Reuters poll showed on Tuesday.
EU slaps anti-subsidy duties on Indonesian biodiesel
BRUSSELS: The European Union has imposed duties on imports of subsidised biodiesel from Indonesia in order to level the playing field for EU producers, officials said Tuesday.
Directory to reduce risk of child labour in Sabah
KOTA KINABALU: Earthworm Foundation (EF), in collaboration with Archer Daniels Midland Company (ADM), Avon, Nestlé and Wilmar International (Wilmar), has developed a directory of social services to help businesses improve the welfare of children living in or near plantations, in conjunction with the International Youth Day on August 12, 2019.
EU-Vietnam trade deal shows EU will bend human rights standards if the price is right
The new EU-Vietnam free trade agreement (FTA) shows the EU will look past human rights violations to push a trade agenda. But as FTAs with ASEAN states don’t offer the EU the same economic benefits, it’s unlikely the bloc will pen more in the near future.
ASF takes toll on Wilmar earnings
SINGAPORE — Net profit at Wilmar Ltd. decreased 50% to $176.8 million for the second quarter ended June 30, down from $351.8 million in the same period of last year. The company attributed the drop in profit to lower crush margin for the quarter as the impact of the African swine fever (ASF) outbreak on soybean meal demand was greater than expected.
US soybeans pile up as trade war tests Trump's support base
NEW YORK/CHICAGO -- Pressure is growing on the Trump administration to reach a trade deal with China as U.S. farmers struggle to find alternative markets for their crops, the latest agricultural data indicates
Minister: Lack of awareness among reasons many oil palm planters not MSPO certified
TAWAU, Aug 12 — Unaware about the Malaysian Sustainable Palm Oil (MSPO) and disappointment over the low price of the commodity are among reasons many oil palm smallholders remain uncertified, said Primary Industries Minister Teresa Kok.
Only 42pc of Sabah oil palm MSPO- compliant
KUDAT: Only 42 per cent of the 5.85 million hectares under oil palm in the country have achieved the Malaysian Sustainable Palm Oil (MSPO) certification until June 30.
