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Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Malaysia raises palm oil export duty for April
Middle East conflict boosts demand for alternative fuels
MPOA hopes India will continue to buy Malaysian palm oil
KUALA LUMPUR: Given the strong bilateral trade relationship between Malaysia and India, the Malaysian Palm Oil Association (MPOA) hopes the South Asian country would continue to source its palm oil from Malaysia, said chief executive Datuk Nageeb Wahab.
India trade body tells members not to import Malaysian palm oil in nationalistic protest
NEW DELHI (Bernama): An Indian trade body representing oilseed crushers has advised its members not to buy palm oil from Malaysia, taking a cue from New Delhi’s protest against Prime Minister Tun Dr Mahathir Mohamad’s remarks on the Kashmir conflict.
CPO prices seen to remain stable
PETALING JAYA: Crude palm oil (CPO) prices are expected to remain stable, at least until the first half of next year, pending any official announcements from India.
Malaysian palm oil price snaps 5-session rally on stronger ringgit
SINGAPORE: Malaysian palm oil futures closed slightly lower on Monday as the ringgit crept higher, though gains in rival oils minimised losses.
Edible oil body advises against import of Malaysian palm oil
As per Commerce Ministry data, India’s vegetable oil imports were valued at Rs 69,023.79 cr in 2018-19 and Rs 27,972.27 cr during April-August 2019.
Nigeria’s palm oil imports soar to N256.7bn
High demand by consumers has pushed up the price of Malaysian crude palm oil by 68.9 per cent within the last three months.
Dr M warns of possible trade sanctions on Malaysia
KUALA LUMPUR (Reuters): Prime Minister Dr Mahathir Mohamad said on Monday (Oct 21) his exports-reliant country could be hit with trade sanctions amid rising protectionism highlighted by the US-China tariff war.
MPOA sees business as usual amid India palm oil curbs threat
KUALA LUMPUR: Given the strong bilateral trade relationship with India, the Malaysian Palm Oil Association (MPOA) is of the view that business will be as usual for both countries despite news that India is considering curbing imports of some Malaysian products, including palm oil.
Palm oil as health food? Experts say to seek new markets
PETALING JAYA: Economists are proposing that Malaysia mount an aggressive campaign to highlight the benefits of palm oil to woo new markets in the event India decides to boycott Malaysian palm oil in a row sparked by criticisms of its actions in Kashmir.
