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Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
CPO prices seen at RM4,400-RM4,600 on tighter supply
Palm retreats from 21-month high on stock outlook, weak exports
Palm slips over 1% on weaker soyoil, bearish MPOB data
Brighter export outlook for the rest of the year
Exports are expected to slowly recover in the remaining months this year, boosted by strong demand for food, people working from home, Covid-19-related products, and automobiles and parts.
Norway, Britain in provisional trade agreement on goods for no-deal Brexit scenario
Norway and Britain have signed a temporary, limited agreement to help maintain trade in goods in case there is no final Brexit trade deal in place by year-end, the Norwegian Industry ministry said on Wednesday.
Riverview 3Q net profit jumps on higher oil palm prices
Riverview Rubber Estates Bhd's net profit for the third quarter ended Sept 30, 2020 (3QFY20) more than doubled to RM3.7 million, from RM1.8 million a year earlier, on higher oil palm prices.
Cambodia ready to sign RCEP agreement
India Pulls out from Regional Comprehensive Economic Partnership – Japan Considers to do Same
India’s pullout from the Regional Comprehensive Economic Partnership (RCEP), like the prior U.S. withdrawal from the Trans-Pacific Partnership, has made a situation for Japan.
Brazilian soybean crushers not keen on imports despite tariff suspension: sources
Despite the recent import duty suspension by the Brazilian government, soybean crushers are not keen on importing beans and are ready to wait till new Brazilian harvest hits the market in February, market sources told S&P Global Platts on Oct. 21
EU says Britain must respect withdrawal pact, deal or no deal
Britain must implement the Withdrawal Agreement on its exit from the European Union, regardless of the outcome of ongoing trade talks between the two sides, a senior European Commissioner said on Wednesday.
VEGOILS-Palm oil jumps 2% on stronger Dalian oils, higher Oct exports
Malaysian palm oil futures climbed 2% on Wednesday, set for a second session of sharp gains, underpinned by strength in rival Dalian oils and higher October exports against the backdrop of slowing output.
FAO revamps statistical yearbook
The "World Food & Agriculture -- Statistical Yearbook 2020" offers a synthesis of the major factors at play in the current global food and agriculture landscape, including information ranging from farming trends, inputs use, labor utilization, food security and nutrition to greenhouse gas emissions and the impact of agriculture on the environment.
