Berita Arkib

KUALA LUMPUR: India’s palm oil imports grew almost 11% in December compared with that in the previous month but the country’s purchases from Malaysia declined.

KUALA LUMPUR/NEW DELHI: India's trade minister will not meet with his Malaysian counterpart in Davos next week because of his tight schedule, an Indian trade ministry official said on Sunday (Jan 19), as a spat simmers between the top buyer of palm oil and its biggest supplier.

KUALA LUMPUR: Crude palm oil (CPO) prices showed signs of weakness last week, retreating from a three-year peak of around RM3,100, but analysts believe this could just be temporary.

In what has become an insightful annual event on edible oil, the fifth Pakistan Edible Oil Conference was held earlier this month in Karachi. Gracing the occasion was Malaysia's Primary Industries minister, Madam Teresa Kok, who took out time for a quick interview with BR Research at the sidelines of the conference.

GLOBAL interest in monetising biological resources, or biomass, has surged in recent years. Many countries are looking to this renewable resource as a way to help reduce global warming, thereby mitigating the climate crisis. As the world strives for green growth, as defined by the United Nation’s Sustainable Development Goals (these are 17 global goals designed to be a “blueprint to achieve a better and more sustainable future for all”), biomass has suddenly become a valuable resource.

TIME and again we hear of attempts and calls by certain countries to boycott Malaysian palm oil, both refined and crude, over too many reasons. Two most obvious reasons are claims of deforestation and unsustainability.

India's high tariffs were in focus last year when the United States (US) President Donald Trump called New Delhi "the king of tariffs".

Malaysia’s palm oil exports to China jumped 33.9% in 2019 to 2.49 million tonnes but Beijing’s latest trade deal with the United States could limit gains this year, a Malaysian palm official said on Thursday.

The stock of imported edible oils in pipelines as well as on ports fell to the lowest level in the past several years.

Benchmark palm oil prices will not rise above 3,300 ringgit per tonne in the first half of 2020 and the commodity's recent rally has eliminated its competitive edge over rival edible oils, a top industry analyst said on Thursday.

Bangladesh is open to increasing palm oil imports from Malaysia if it offers competitive rates, Agriculture Minister AbdurRazzak told Reuters on Thursday.

The global palm oil market is anticipated to reach USD 147.59 billion by 2026 according to a new study published by Polaris Market Research.