Latest News

MARKET DEVELOPMENT
05-04-2019

Oil palm smallholders asked to get MSPO certification

Local oil palm smallholders in the division have been called on to get Malaysian Sustainable Palm Oil (MSPO) certification

MARKET DEVELOPMENT
05-04-2019

Biodiesel B10 target date is end of April

Biodiesel B10 is expected to be available at petrol stations nationwide from the end of April as energy policymakers hope for a positive response from carmakers, oil distributors and biodiesel manufacturers, says Energy Minister Siri Jirapongphan

MARKET DEVELOPMENT
05-04-2019

FTA is key to resolving India US trade disputes, says advocacy group

A free trade agreement between India and the US is a key to resolving their trade disputes as it will cover biggest irritants in ties including tariffs and mobility of Indian professionals, a top American business advocacy group has said

MARKET DEVELOPMENT
05-04-2019

PREVIEW-Malaysia March palm oil stocks to come in at 5-mth low -Reuters survey

Malaysia's palm oil stockpiles likely dropped during March to less than 3 million tonnes and the lowest mark in five months, according to a Reuters survey, as a hefty jump in exports outpaced production gains.

MARKET DEVELOPMENT
05-04-2019

Malaysia's February exports slump to lowest since Aug 2016

Malaysia's exports fell 5.3% in February to RM66.60bil, the lowest value since August 2016 due to a contraction in the exports of manufactured goods and petroleum products.

MARKET DEVELOPMENT
05-04-2019

Indonesia blocks EU spirits, link seen to palm oil spat: industry

European spirits makers say they are facing difficulties exporting drinks to Indonesia amid tension after Jakarta said it was unhappy with an EU decision that palm oil should not be considered a green fuel.

MARKET DEVELOPMENT
05-04-2019

Indonesia working hard to deal with EU's ban on palm oil: minister

ndonesia has been working so hard to defend its national interests in facing the European Union's ban on the use of crude palm oil for biofuels

MARKET DEVELOPMENT
04-04-2019

Malaysian palm oil price hits 2-week high on expectations of falling stocks

Malaysian palm oil futures rose to a two-week high during trade on Wednesday, posting a third straight day of gains, on expectations of easing stockpiles and tracking strength in soyoil on the U.S. Chicago Board of Trade (CBOT).

MARKET DEVELOPMENT
04-04-2019

CPO price to recover as negative news flows subside

Maintain neutral on respective sectors: While some positive factors are developing in the plantation sector, negative news flows have diffused negative sentiments and weighed on crude palm oil (CPO) prices, dampening near-term prospects of planters under our coverage

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