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CPO prices seen at RM4,400-RM4,600 on tighter supply
Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
Palm retreats from 21-month high on stock outlook, weak exports
Palm slips over 1% on weaker soyoil, bearish MPOB data
Ringgit falls against US$ ahead of US manufacturing data
The ringgit was lower against the US dollar this morning on weaker demand for the local note, ahead of the release of US manufacturing sector data.
Lower CPO supply growth to support prices
THE thick haze that has been smothering Malaysia, Singapore and parts of Indonesia for the last few weeks could have an impact on palm oil production if it continues.
Golden Agri probes palm oil mills linked to deforestation
Golden Agri-Resources Ltd. is investigating two palm oil mills in Indonesia after a report from an environmental watchdog showed it may be sourcing palm fruit that’s illegally grown in a forest reserve.
India Edible Oil: Eases; soybean ticks down as fresh supply picks up
The October soybean contract settled 0.4% lower on the National Commodity and Derivatives Exchange as supply of the fresh crop in spot markets started picking up pace, analysts said.
Free trade deal with Eurasian Economic Union will cut tariffs, boost trade and investment links
The deals, part of a free trade agreement between them, will create diverse opportunities for businesses beyond Singapore's traditional markets in Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia.
Making Palm Oil Plantations Sustainable
Palm is the world’s most-productive major vegetable oil crop and yields 6-10 times as much oil per hectare as crops like soy or rapeseed. However, in recent years, there has been growing pressure to reduce the consumption of palm oil due to concerns over deforestation.
Palm closes at near 8-week low on weaker related oils
Malaysian palm oil futures dropped 0.7% on Monday to post its lowest closing in nearly eight weeks, dragged down by weaker soyoil prices in China.
MIDF sees producer deflation widening to -1.8% this year
MIDF Amanah Investment Bank Bhd foresees the producer price deflation widening this year to -1.8%, from -1.1% last year.
India, US to continue efforts to link investment with trade
India’s bilateral trade talks with the US will continue when commerce and industry minister Piyush Goyal meets US commerce secretary Wilbur Ross on the sidelines of the India Economic Summit later this week. Goyal will also have a call with his American trade counterparts in the next few days.
