Berita Arkib

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives would likely trend higher next week on expectations of higher demand from India and China, as Malaysia has lowered its export duty on palm oil to zero per cent for June, the Malaysian Palm Oil Board (MPOB) said.

After the launch of B20 biodiesel (a mixture of 80 percent petroleum and 20 percent crude palm oil or fatty acid methyl ester), the government had planned on increasing the program to B30 this year, to be followed by B40 in mid-2021 and ambitiously

Demand for high oleic canola and soybean oil is expected to soar after 2025 because of a seasonal palm oil decline

Malaysian palm oil futures edged lower on Thursday after rival soyoil prices declined and as the world's largest palm oil producer Indonesia increased production, but losses were trimmed by higher crude oil prices.

U.S. meat exports are surging even as the industry is struggling to meet domestic demand because of coronavirus outbreaks at processing plants that have sickened hundreds of workers and caused companies to scramble to improve conditions.

U.S. corn and soybean futures drifted lower on Thursday as generally favorable Midwest crop weather bolstered expectations for large harvests, analysts said.

Cambodia’s government is pushing for free-trade agreement (FTA) talks with potential partners while seeking Russian’s help for a Eurasian Economic Union (EAEU) free trade agreement.

The Energy Ministry has ordered the Energy Business Department to discuss with Thai oil traders the prospect of using blockchain to facilitate palm oil trade.

Malaysian palm oil futures jumped nearly 2% on Wednesday on forecasts for lower production in May and tracking strength in rival soyaoil prices.

Malaysian palm oil futures edged higher on Wednesday, underpinned by a lower production outlook for the current month, but prices were capped as April inventories were at a five-month high and on worries over a coronavirus-led demand slump

Affin Hwang Capital research has maintained its underweight rating on the plantation sector as it expects crude palm oil (CPO) prices to remain under pressure amid continued weakening demand in producing countries.

The Indonesian government is considering alternate plans to increase subsidies for the country’s ambitious biodiesel programme after crude oil prices tumbled, a finance ministry official said on Wednesday.