Berita Arkib

KUALA LUMPUR: Malaysian palm oil futures declined on Monday evening, charting a second session of decline in three, as the market was pulled down by weaker demand and overnight losses in U.S. soyoil.

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday April 23.

KUALA LUMPUR: Malaysian palm oil futures made gains on Friday evening, their first in three sessions, tracking strength in crude oil prices and as the market saw profit taking in evening trade.

Beijing’s tit-for-tat trade spat with Washington could come back to bite China when it comes to soybeans and even the grain sorghum to some extent.

The palm oil subsector which is growth had according to Agro Nigeria been hampered by importation and abandonment of the industry at the advent of the oil boom in Nigeria face fresh hurdle of impending massive importation of palm produce from Malaysia as European importers of the south-east Asian nation have vowed to seek alternatives to palm oil due to environmental concerns.

The RSPO Board of Governors (BoG) has endorsed the Nigeria National Interpretation (NGNI) document . NGNI 2017, as it is known, is based on the RSPO P&C 2013. The presentation and launch of the National Interpretation is schedule to hold at Protea Hotel in Benin City, Tuesday, 24 April 2018.

Airbus fears a £1.5billion deal to supply planes to Indonesia has hit the rocks because of an attempt by Brussels to ban the country’s major exports.

The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday April 20.

Indonesian biodiesel makers are gearing up to boost exports after the European Union removed anti-dumping duties on shipments from some producers in the country, but rival suppliers in Malaysia are bracing for a slowdown in the wake of the move.

Malaysian palm oil futures declined on Thursday evening, with the market weighed down by forecasts of slowing demand growth ahead of a data release by cargo surveyors on Friday.

Palm oil may retest a resistance at 2,434 ringgit per tonne, a break above which could lead to a gain to the next resistance at 2,476 ringgit.

Japanese scientists are encouraging Southeast Asia’s palm oil producers to chop down trees to help save forests.