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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
Non-palm oil sectors have started contributing to group’s earnings, says FGV
FGV Holdings Bhd is starting to earn new sources of revenue from sectors in the circular economy and renewable energy industries, said its chairman Datuk Wira Azhar Abdul Hamid.
Asia Morning Call-Global Markets
Malaysian palm oil futures extended losses on Friday, tracking declines on the Dalian Commodity Exchange, to record their biggest weekly drop in eight as an historic crude oil rout made them less attractive for biodiesel feedstock
Oil fall down
Last week saw a virtual bloodbath in oil, with US crude prices crashing to an unprecedented minus $40.32 per barrel before ending at $16.94. But it wasn’t just oil
Oil palm jetties allowed to operate
All 18 private jetties in the state’s oil palm industry are allowed to continue operations, said Deputy Chief Minister Datuk Seri Panglima Wilfred Madius Tangau
EVFTA to grow Vietnam’s fertilizer industry
The EU-Vietnam Free Trade Agreement (EVFTA), once effective, will lead to reductions in fertilizer export and import duties.
FBR issues procedure for goods clearance
Under the procedure, officers of Pakistan Customs Container Security System (PCCSS) will check the documents and seals installed on the containers at all the entry and exit focal points.
Leveraging on agri-food sector for revival of Lankan economy in post-COVID-19 era
The impact of the COVID-19 pandemic on the economy of Sri Lanka like anywhere else in the world will be complex to predict in terms of magnitude, but directions are predictable.
Sabah palm oil firms want private jetties to be reopened
The Malaysian Palm Oil Association – Sabah (MPOA-Sabah) is appealing to the Sabah Port Authority (SPA) and other state authorities to allow the plantation companies’ private jetties to reopen so they can ship out their oil palm products.
Palm oil just rotting away
Upko Secretary-General Neslon W Angang said the party has received numerous calls, especially from smallholders, that palm oil were rotting away and even if they harvest it, nobody wants to buy.
