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MARKET DEVELOPMENT
13-02-2020

Oil price rises over 3% as demand worries ease amid fewer new coronavirus cases

Brent futures gained $1.78, or 3.3%, to settle at $55.79 per barrel, while U.S. West Texas Intermediate (WTI) crude gained $1.23, or 2.5%, to settle at $51.17.

MARKET DEVELOPMENT
13-02-2020

Pakistan, Indonesia enjoying good bilateral trade ties: envoy

Indonesian Ambassador Iwan Suyudhie Amri has said that his country and Pakistan are enjoying good bilateral trade ties.

MARKET DEVELOPMENT
13-02-2020

Cloudy outlook

With Malaysia posting its worst economic growth rate since the Global Financial Crisis a decade ago, the outlook for the first quarter of 2020 (1Q20) has turned more cautious amid the worsening coronavirus (Covid-19) outbreak that may further dampen the economy.

MARKET DEVELOPMENT
13-02-2020

Kem Cho Trump: An India-US trade deal is needed to complement the strong strategic partnership

US President Donald Trump will undertake his first official visit to India on February 24 and 25 with stops in New Delhi and Ahmedabad. He will be accompanied by first lady Melania Trump.

MARKET DEVELOPMENT
13-02-2020

Indonesia exports over 36 million tonnes of palm oil in 2019

Indonesia exported a record 36.18 million tonnes of crude palm oil (CPO) and its products last year, from 34.71 million tonnes in 2018, according to data from the Indonesia Palm Oil Association (GAPKI).

MARKET DEVELOPMENT
13-02-2020

India makes exemption for Nepal, allows some refined palmolein imports - sources

The move could put pressure on Indian refiners as imports from Nepal were allowed at zero duty under a regional treaty. It will also help Nepal, as refined palm oil and palmolein are its largest export earners

MARKET DEVELOPMENT
13-02-2020

Pakistan committed to complete FATF Action Plan, says Azhar, as plenary nears

Federal Minister for Economic Affairs, Hammad Azhar has stressed that his team remains committed to complete Pakistan's Financial Action Task Force (FATF) Action Plan, as the intergovernmental organization, reviews Pakistan's measures at the meeting that begins on February 16.

MARKET DEVELOPMENT
13-02-2020

CPO supply seen tight in 1Q

Crude palm oil (CPO) supply for the first quarter of 2020 (1Q20) is expected to remain tight amid falling stocks and weaker production, analysts said.

MARKET DEVELOPMENT
13-02-2020

Tightening inventories seen to have minimal impact on CPO prices

The Malaysian plantation sector kick-starts the year with inventories falling a fifth straight month amid tighter production and slowdown in demand from the worldâ€™s top two buyers due to an unfavourable trade policy imposed by India, while mounting concerns of the Wuhan virus spread have held up deliveries of agricultural products from the cargoes

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PALM NEWS MALAYSIAN PALM OIL BOARD Thursday, 09 Apr 2026

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