Berita Arkib

Divided we stand, united we fall. So runs the opening line of the fictional but realistic novel Romance of Three Kingdoms in China.

Malaysian palm oil futures ended the trading day in negative territory, pressured by expected slower demand, but remained up on the week. The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange was down 0.6% at 1,972 ringgit ($479.57) by the close, with the weekly gain standing at 1.4%. "The market was weighed by expectations of weaker exports," said one Kuala Lumpur-based futures trader, referring to Malaysian palm oil export data from cargo surveyors for July 1-20.

At a time when the country’s ballooning trade deficit has been generating concerns from all corners, trade of refined palm oil has shown the potential of importing raw materials and exporting it with value addition.

The protein content in Brazilian soybeans fell for the first time in four harvests in 2018, according to preliminary government data, a development that has already cost Brazilian companies business with top buyer China.

As reported in addition to Iranian vessels, Bavand and Termeh, now stand three of Iran’s bulk carriers, Daryabar, Delruba and Ganj, left with no fuel at the Brazilian ports

BEIJING (Reuters) - Some Chinese companies are seeking new purchases of U.S. agricultural products, China’s official Xinhua news agency said on Sunday, citing authorities, as Beijing and Washington look for ways to end a protracted trade war.

The local palm oil sector is expected to face stiffer competition in India with the country’s Finance and Trade Ministries considering raising the palm oil duty from Malaysia to 50% from 45%.

Malaysian palm oil futures recovered from early losses to trade slightly lower on Thursday as stronger trends in the vegetable oil market aided sentiment.

There's some good news about the survival rates of orangutans in protected forests on the Malaysian island of Borneo.

Palm oil is big business! It is found in around half of all items on supermarket shelves, from margarine to lipstick. But some people refuse to buy products containing it. Why? What are the issues and should we all be avoiding it?

In March 2018, India raised the import tax on crude palm oil to 44% from 30% and hiked the tax on refined palm oil to 54% from 40%. The fourth increase in import tax in less than 6 months – the highest level in more than a decade – was to protect the country’s local rapeseed crop. India imports palm oil from Indonesia and Malaysia and soyoil from Brazil and Argentina.

Malaysian palm oil futures recovered from early losses to close only slightly lower on Thursday, aided by improving trends in the broader vegetable oil market.