|
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
Malaysia warns new EU rules could hurt palm oil used in food
KUALA LUMPUR: Malaysia, the world’s second largest producer and exporter of palm oil, warned on Tuesday against new European Union (EU) rules that could hurt demand for a commodity used in foods from snacks to chocolate spread, threatening a US$60-billion industry.
Mahathir refuses to retract comments on Kashmir, even as Indian companies plan to stop buying Malaysian palm oil
Mahathir said he will not take back his comments on Kashmir, even after India’s oil seed companies threaten to stop buying palm oil from the country. Reuters
Malaysia may lose palm oil market share to Indonesia amid India boycott calls
PETALING JAYA: Malaysia may lose market share to Indonesia in the short term after a call by India’s top vegetable oil trade body to boycott Malaysian palm oil.
Palm oil group offers reward for information on Sabah pygmy elephant killer
KUCHING: The Roundtable on Sustainable Palm Oil (RSPO) has condemned the latest killing of a Borneo pygmy elephant in Sabah, and offered a RM50,000 reward for information leading to the arrest of the culprit.
Indonesia Sees Increase in Palm Oil Production, Exports
Jakarta. Indonesia's crude palm oil production rose by 14 percent to 34.7 million metric tons in the first eight months of 2019, from the same period last year, while exports of the commodity increased by 3.8 percent to 22.7 million tons, according to data provided by an industry group.
Shun Malaysia, palm oil buyers told amid Kashmir standoff
Top vegetable oil trade body called on Tuesday for the government to close a South Asian regional free-trade pact loophole it said had been used to circumvent tax by re-routing palm oil and soyoil imports through Nepal and Bangladesh.
Indian trade body calls for end to duty free edible oil import loophole
MUMBAI: India's top vegetable oil trade body called on Tuesday for the government to close a South Asian regional free-trade pact loophole it said had been used to circumvent tax by re-routing palm oil and soyoil imports through Nepal and Bangladesh.
Malaysian palm oil price bounces back to hit over 8-month high on weak ringgit
SINGAPORE: Malaysian palm oil recovered losses and jumped to a more than eight month-high on Tuesday, aided by a weaker ringgit, gains in U.S. soyoil and positive consumption outlook from Malaysia and Indonesia's biofuels push.
Dr M defends remarks on Kashmir
KUALA LUMPUR: Tun Dr Mahathir Mohamad stuck to his ground over his remarks on the Kashmir conflict amid escalating tension between Malaysia and India.
