Berita Arkib

Hamid Zadboum also said that 13 percent of Iran’s imports from the EAEU are subjected to the preferential tariffs, while 49 percent of the country’s exports to the block is subjected to those tariffs, TPO website published.

India has suspended 39 licenses to import refined palm oil after a surge in duty-free imports from neighbouring countries such as Nepal and Bangladesh which are not key producers of palm oil, government and trade sources told Reuters.

Commodities investors will zero in this week on the tide of moves around the globe to ease the anti-virus lockdowns that have crippled economies

The city will prepare for new opportunities from the wave of investment shifting out of China by member countries of the EU-Vietnam Free Trade Agreement (EVFTA) and EU-Vietnam Investment Protection Agreement (EVIPA).

Extending gains from previous four sessions, the May contract of soybean settled a tad higher on the National Commodity and Derivatives Exchange due to shrinking supply in domestic markets, the analysts said.

Edible oil trade body SEA on Monday asked the government to ban import of refined palm oil, fix tariff value on sunflower oil and monitor illegal shipments from Nepal, Bangladesh and Sri Lanka to protect local processing industry.

Sri Lanka is now compelled to ban imports, restrict imports or increase import taxes to manage its valuable foreign exchange reserves

The combination of a global pandemic and depressed oil prices could be the opportunity for Malaysia to reinvent and diversify its economy, said experts.

Oil prices were down in Asian trade today after big gains last week on signs of a demand revival as some governments ease coronavirus lockdown measures.

KUALA LUMPUR: Fitch Ratings has taken negative rating actions across its coverage of palm-oil producers in Malaysia and Indonesia.

KUALA LUMPUR (May 8): Malaysian palm oil futures climbed 2% on Friday, as traders said Indonesian inventories of the vegetable oil dipped in March, although the contract was set for a sharp weekly loss.

Trade body says government should focus on boosting oilseeds output for self-sufficiency.