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CPO prices seen at RM4,400-RM4,600 on tighter supply
Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
Palm retreats from 21-month high on stock outlook, weak exports
Palm slips over 1% on weaker soyoil, bearish MPOB data
APEC’s Post-2020 vision will get RCEP support as US wanes
Malaysia will virtually host the 2020 APEC Economic Leaders' Meeting on Friday. The meeting is expected to launch the region's Post-2020 Vision - the key policy document that is set to replace Bogor Goals, which reach maturity at the end of the year 2020.
RCEP: signalling global trade
The Regional Comprehensive Economic Partnership (RCEP) Agreement has finally been signed, almost a decade after it was first conceived at The Association of Southeast Asian Nations (ASEAN) Summit in Bali in 2011.
OILSEEDS PRICES
OILS (per 10 Kgs)- G.Nut Raw 1390.00
Indonesia’s RCEP opportunities led by apparel, risks for autos
The signing of the Regional Comprehensive Economic Partnership (RCEP) trade deal by 15 countries creates the largest managed trade area in the world, following eight years of negotiations
Palm oil may bounce toward 3,365 ringgit
Palm oil may stabilize around a support at 3,292 ringgit per tonne and bounce toward 3,365 ringgit, as suggested by a projection analysis.
VEGOILS-Palm oil gains 1% as tight supply outlook offsets export slump
Malaysian palm oil futures climbed 1% on Tuesday as the market speculated on lower production this month, stoking concerns of tight supply, though a sharp drop in exports capped gains.
Is The EU’s War On Palm Oil Working?
The banning of palm oil use in the EU has ruined the livelihoods of smallholder farmers in Indonesia and Malaysia as they make up the biggest number of exporters to the European market.
Policymakers urged to support biofuels to meet transport’s green goals
Governments around the world need to urgently address this year’s 11.6% drop in biofuel output, caused by the pandemic, in order to meet transport’s decarbonisation goals, the head of the renewable energy division at the International Energy Agency (IEA) told EURACTIV in an interview.
FGV expects CPO prices to range RM2,500-RM2,600 per tonne in H1 2021
FGV Holdings Bhd expects crude palm oil (CPO) to trade in the range of RM2,500 to RM2,600 per tonne for the first half (H1) of its financial year ending Dec 31, 2021 (FY21).
