Berita Arkib

Malaysian palm oil futures edged higher during Monday trade, charting a second session of gains in three days, bolstered by strength in related edible oils and expected weaker output.

Tanzania has set aside 4.3 million U.S. dollars to boost cultivation of oil palm as part of its strategy to end importation of edible oils, Prime Minister Kassim Majaliwa said on Monday.

The European Union vowed prompt retaliation if the U.S. follows through on a threat to impose tariffs on imported vehicles, as trans-Atlantic trade tensions showed no signs of easing.

Malaysian palm oil prices are set to hold steady in 2019 at an average of RM2,303 (US$565) a tonne, according to estimates by the Malaysian Palm Oil Council (MPOC), while global output of the tropical oil is expected to rise by 3 million tonnes

Total trade volume between Malaysia and China reached a record high of US$108.6bil (RM443bil) in 2018, with the number of Chinese visitors into Malaysia increasing 29% to 2.94 million last year.

The UK will struggle to conclude the same high quality free trade deals as the European Union due to its small size and continuing uncertainty over Brexit, the EU’s agriculture commissioner has said.

The Malaysian Estate Owners Association (MEOA) says the World Health Organisation (WHO) must take some responsibility for the publication of a "deeply flawed and biased" anti-palm oil article in the WHO Bulletin last month

The presence of palm oil companies in West Kalimantan has brought no significant benefits to the locals, instead, its operation has damaged roads in the region, West Kalimantan Governor Suratmidji said.

Argentina happens to be the main exporter of Soybean oil to the world, hence its relationship with Indian consumers is important for both the economies

Ringgit approaches its strongest level in more than six months as Brent crude extends gains and traders applaud signs of progress in US-China trade talks

The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday Feb 18.

Malaysia kept its export duty on crude palm oil for March at zero percent, according to a circular on the Malaysian Palm Oil Board’s website on Monday that cited the national customs department.