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Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO FUTURES RALLY ABOVE RM4,500 PER TONNE, HIGHEST SINCE OCTOBER LAST YEAR
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Indonesia govt allows Pertamina to sell unblended diesel to retailers
JAKARTA, May 18 (Reuters) - Indonesia’s Energy and Mineral Resources Ministry has issued a circular letter saying state oil company PT Pertamina is allowed to sell unblended diesel fuel to other fuel retailers, an official said on Monday.
PALM OIL
Malaysian palm oil futures rose 3% on Friday after exports rose in May and as the world's second-largest producer, Malaysia, scrapped its export duty on the commodity for June.
UK’s Gove says EU trade deal can be done despite talks stalemate
The United Kingdom left the EU on Jan. 31 but the main terms of its membership remain in place for a transition period until the end of this year to allow it time to negotiate a free trade agreement.
US-China tension intensifies
China responded by urging US to meet it halfway and strengthen cooperation in the fight against the Covid-19 pandemic. US consumer prices fell 0.8 per cent in April on a monthly comparison. Excluding fresh food and energies, core prices slid 0.4 per cent, the worst data since 1957
‘Tax relief’ budget being prepared
The government is planning to bring certain items from the higher duty slabs to lower duty slabs for reduction in customs duty at the import stage.
Exporters: Malaysia signs record rice import deal with India
Malaysia has contracted to import a record 100,000 tonnes of rice from India for shipment this month and next, four industry officials told Reuters, in a further sign of improving trade relations between the countries after a diplomatic spat.
Oil Palm value chain actors hail government
The Oil Palm Development Association of Ghana (OPDAG) Executives and the entire value chain actors of the oil palm sector, have hailed Government’s exemption of palm oil from 50 per cent benchmark value for customs duty assessment.
Canadian canola futures down
Canola was very steady and did not want to move around a lot on what was a quiet trading day in both the canola and soy markets, a trader said.
Liberia's largest palm oil project lays off 10% of workforce
Liberia’s largest palm oil company, Golden Veroleum, has laid off 443 employees, more than 10% of its workforce, due to persistently low prices and the economic fallout from the coronavirus pandemic, a company spokesman said on Saturday.
