Berita Arkib

Malaysian palm oil futures slipped on Thursday, after posting sharp gains in the previous session, pressured by weaker crude oil prices although higher exports in May limited losses.

KUALA LUMPUR: On the back of missed earnings expectations, Kenanga research anticipates more weakness ahead for IOI Corp as lower crude palm oil (CPO) prices and downstream margins pressure follow it into the final quarter of its financial year

The research house said the group’s 1Q20 earnings were well above its expectations at 37% and 38% of street financial year 2020 projections as the core net profit for the quarter almost quadrupled year-on-year

Malaysian palm oil futures closed at their highest in more than a month on Wednesday, following a long Eidul Fitr holiday, as cargo surveyors' data showed higher exports, while forecasts of a lower output also aided sentiment.

US soybean futures firmed on Wednesday as a slowdown in plantings in the Midwest and forecasts for more disruptive weather lifted prices to two-week highs, although technical selling kept a lid on gains.

Japanese Foreign Direct Investment (FDI) into the UK is estimated to be over USD 80 Billion in 2019 (1000 Japanese companies operate in the UK, making it the second most popular destination for Japanese businesses in Europe, after Germany).

WHEN the lockdown across the country had yet not turned “smart” in April, Pakistan’s food import bill increased to $519 million, up 27.5 per cent from $407m in March, data released by the Pakistan Bureau of Statistics (PBS) shows.

The Week Ahead: Quiet Raya celebrations, but keep an eye on China’s PMI

KUALA LUMPUR (Reuters) - Crude palm oil prices may rise to 2,300-2,400 ringgit ($528.37-$551.34) per tonnne in the coming months as Malaysia’s relationship with top importer India improves, industry regulator the Malaysian Palm Oil Board (MPOB) said on Wednesday.

MUMBAI: India's biggest edible oil conference has been postponed as cases of the novel coronavirus rise in the world's biggest importer of vegetable oils, the organisers said on Tuesday.

Indonesian and Malaysian exports of palm kernel shells (PKS) to Japan increased on the year in January-March, as new dedicated biomass power plants began commercial operations in the country at the beginning of this year.

Low import duties on edible oils over the years has practically made our farmers lose interest in oilseed cultivation.