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Malaysia raises palm oil export duty for April
Middle East conflict boosts demand for alternative fuels
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
Soybean production, imports to increase
China plans to boost its soybean production capability and also seek a high volume of imports to meet the country's domestic demand, agriculture and rural affairs officials said on Wednesday
U.S.-China trade war rattles agribusinesses, especially Bunge
U.S. President Donald Trump’s trade war with China has roiled agricultural markets and given the world’s top grain merchants the one thing they have long claimed was essential to turn a trading profit: volatility.
IOI Corp sees improvement in quarterly net profit on firmer CPO prices
Its net profit in the second quarter fell 68% to RM196mil from RM596mil a year ago due to lower operating profit and a net foreign currency translation loss on foreign currency-denominated borrowings and deposits.
Global stocks rise on US-China trade hopes
An index of stocks across the globe hit a more than four-month high on Wednesday on hopes for progress in trade talks between the United States and China, and a supportive backdrop from major central banks also helped push risk assets higher
Malaysian stocks stage strongest rise in Asia
The FBM KLCI put up strong gains in yesterday’s trading session, rising 19.62 points or 1.15% to 1,726.18 points by the end of the day, recording its third day of gains
Palm oil tumbles
Malaysian palm oil futures reversed earlier gains to fall over 1pc in evening trade on Tuesday, as output declines remained slower than in previous years and stocks in key buying markets stayed high.
Palm gains slightly on firm export data
Malaysian palm oil futures edged higher on Wednesday, supported by firm cargo surveyor export data for the first 20 days of this month although higher-than-expected production weighed on the market.
Indonesian candidates find common ground in support for palm oil
Indonesian President Joko Widodo and his challenger in this year’s election, Prabowo Subianto, have both vowed to increase the use of palm oil in biofuels to achieve energy self-sufficiency
Macron to respond to PM’s letter on palm oil
French President Emmanuel Macron will respond to Prime Minister (PM) Tun Dr Mahathir Mohamad’s letter on the proposed ban on palm oil in biofuels, according to French ambassador to Malaysia Frederic Laplanche.
