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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
Downtrend in soya oils continues
The downtrend in oils and oil seeds continued in Indore mandis on weak physical demand
IPB world’s biggest contributor to palm oil research: Elsevier report
The Bogor Institute of Agriculture (IPB) is the biggest contributor to global palm oil research according to a recently released report by Netherlands-based scientific research publisher Elsevier, the university has said in a statement.
Depressed prices to continue across oil, food, rubber space — OCBC
OCBC Treasury Research says it expects the prices of oil, food and rubber to continue to be depressed amid the Covid-19 outbreak.
EU puts riches over rights in Vietnam trade deal
The European Parliament voted on February 12 to accept a free trade agreement (FTA) with Vietnam, a monumental deal that will cut almost all tariffs on exports from one of Southeast Asia’s fastest growing economies.
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.
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.
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.
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.
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).
