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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
VEGOILS-Palm oil rises 1% on stronger crude, global shares as Biden wins
KUALA LUMPUR, Nov 9 - Malaysian palm oil futures rose on Monday, their fourth daily rise in five, as crude and global equities gained strength after Democrat Joe Biden clinched the U.S. presidency, while lower stockpile outlook further supported prices.
Gross exports expected to grow 2.7% in 2021
KUALA LUMPUR: Gross exports are expected to rebound by 2.7 per cent in 2021, benefitting from the recovery in global trade and supply chains, said the Ministry of Finance (MoF).
Smallholders set to gain from incentives
PETALING JAYA: The Budget 2021 proposals for the commodities sector are mostly skewed towards enhancing the welfare of the smallholders nationwide.
Palm oil jumps 3 percent to 8-year high
Malaysian palm oil futures climbed more than 3% to an eight-year high on Thursday, extending gains to a third straight session on surveys showing a steep decline in October stockpiles and production
To finalise FTA with Pakistan: Thai envoy for holding virtual negotiations
Consul General (CG) of Thailand Thatree Chauvachata has stressed that the 10th round of negotiations to be hosted by Pakistan for finalising the Free Trade Agreement (FTA) between Thailand and Pakistan suffered delays due to coronavirus pandemic but instead of waiting further, arrangements should be made to hold these crucial negotiations virtually so that the much-awaited FTA, which has been pending since 2015, could be finalised at the earliest.
Minister: US seems positive in resolving FGV issues
FGV Holdings Bhd is still in talks with the US Customs and Border Protection (CBP) regarding the latter’s findings of its investigation towards FGV’s alleged use of forced labour and the revocation of the withhold release order (WRO).
COMMENT | Can CPTPP offer new impetus for growth?
As an open economy, our growth is very much dependent on the health of the global economy. Yet as the outlook for export-and-foreign investment-driven recovery remains grim, we cannot look to the world for help.
India Edible Oil:Soybean up on soymeal demand; mustard hits fresh high
Futures contracts of all components of the edible oil basket, barring mustard, rose on domestic exchanges today.
Exports of palm oil to US not facing any problems — Khairuddin
Malaysia’s exports of palm oil products to the United States generally do not encounter any problems except for the trade restrictions imposed on palm oil from FGV Holdings Bhd from Oct 1, 2020, said Plantation Industries and Commodities Minister Datuk Dr Mohd Khairuddin Aman Razali.
