|
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
India should believe in the EU
In today’s fragmented world, the power of any aspiring global player depends on the number and quality of its bilateral and multilateral relationships. In which partner should India invest? The European Union (EU) is one.
HoReCa sector holds key for palm oil demand in India — MPOC official
While retail consumption in India is on the rise and is expected to inch up further in the coming festive season, it is the hotel, restaurant and café (HoReCa) sector that holds the key for palm oil demand, according to a Malaysian Palm Oil Council (MPOC) official.
Indonesia seeks to conclude trade negotiation with EU next year to bolster recovery
Indonesia hopes to conclude negotiations for a trade agreement with the European Union next year to bolster the country’s economic recovery after the pandemic, but policies on palm oil remain a major sticking point.
India's soybean output set to jump as farmers expand area on ample rains
India's soybean production is set to jump by at least 15% in 2020 from a year earlier as farmers are increasing the oilseed's acreage due to timely arrival of monsoon rains and as New Delhi raised the minimum buying price.
Indonesia produces maiden batch of biodiesel made of 100% palm
Indonesia's state oil company PT Pertamina produced its first successful batch of biodiesel made up of 100% palm oil (D100) in its Dumai refinery last week and is set to produce 1,000 barrels per day (bpd), the company said on Wednesday.
Palm oil hits four-month high
Malaysian palm oil futures surged 3% to touch a four-month high on Tuesday on expectations of improving exports ahead of cargo surveyor data due Wednesday.
Palm oil prices on the agenda
The cabinet on Tuesday ordered working panels be set up to tackle oil palm prices in five southern provinces while instructing the Electricity Generating Authority of Thailand (Egat) and the Energy Ministry to accelerate purchasing additional crude palm oil to help boost domestic palm oil prices.
Mohd Khairuddin: Several measures taken to help farmers affected by falling prices of commodities
The federal government has taken several measures to help ease the burden on farmers who are affected by the falling prices of commodities.
RM higher at opening tracking crude oil price
The ringgit was higher at the opening, tracking the higher crude oil price currently trading at US$43 per barrel, up by 0.23 per cent, ahead of the virtual joint ministerial monitoring committee (JMMC) of the Organisation of the Petroleum Exporting Countries (OPEC) meeting later today to recommend levels for future supply cuts.
