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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
EU-Vietnam: Council gives final green light to free trade agreement
The Council today adopted a decision on the conclusion of a free trade agreement (FTA) between the EU and Vietnam. This decision clears the path, on the EU side, for the entry into force of the agreement.
VEGOILS-Palm oil climbs on stronger rival oils, weaker ringgit
Malaysian palm oil futures rose on Monday, tracking higher edible oil prices and a weaker ringgit, but demand concerns capped gains as top buyer India has imposed a national lockdown due to the coronavirus pandemic.
Certificate of origin: India asks trade partners for relief to exporters
In a trade notice, the commerce ministry said the offices of customs and other authorities that issue the certificates of origin are shut and are, therefore, unable to discharge their duties.
Indonesian palm oil exports to China drop by half in January: GAPKI
The Indonesian Palm Oil Producers Association (GAPKI) said in a statement on Tuesday that China's export volume fell by 381,000 tons or 57 percent.
Sabah plantation lockdown deemed negative for planters
Planters with oil palm estates and mills in Tawau, Lahad Datu and Kinabatangan in Sabah became the first casualty of a Covid-19 lockdown within the plantation sector in the country, say analysts.
Trump signs biggest stimulus in US history
The recent plunge in oil prices have caused a loss in profit margin to all oil producing countries.
A tale of Malaysia’s rubber products and palm oil
Rubber is a blessed word in these difficult times as its transformation into gloves has proved life-saving with even the world’s largest economy singing praises of Malaysia’s gloves.
Oil collapses, copper and cocoa also down: a monthly review of Papua New Guinea’s commodities and financial markets
The oil price has fallen off a cliff due to Saudi Arabia and Russia flooding the market with increased oil and the drop off in global demand because of the COVID-19-induced economic crisis. According to Zero Hedge, the curtailment of activity that is suppressing consumption ‘will create the perfect storm of excess supply.’
Coconut farmers in Southeast Asia struggle as palm oil muscles in on them
In General Nakar, that means less than 15 Philippine pesos (30 U.S. cents) for a kilogram of copra, the dried kernel of the coconut from which coconut oil is made, or 7 pesos for a whole nut, the price Tena has been selling his coconuts.
