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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
New Eurasian Economic Union-Singapore FTA can be pathfinder for Asean trade deal: PM Lee Hsien Loong
At first glance, Singapore and Armenia appear to be vastly different, but they also have many things in common, such as being small countries that aspire to serve as gateways to the regions they are located in, said Prime Minister Lee Hsien Loong on Sunday (Sept 29).
African free trade agreement is a golden opportunity
The African Continental Free Trade Agreement (AfCFTA). Ratified in July, AfCFTA is not a fad, but given Africa’s history of great policies and poor implementation, it might as well be.
Palm oil exclusion from biofuel would result in contradictory outcome
The exclusion could cause the crop’s price to drop and in turn attract bulk buying from countries outside of the EU THE European Union’s (EU) move to exclude palm oil from its biofuel sector is deemed as an ineffective move to reduce the use of the crop that has been pegged to deforestation issues.
European crude palm oil prices to rise to US$620/T by 2Q20 — analyst Fry
KUALA LUMPUR/MUMBAI (Sept 26): European crude palm oil prices are forecast to rise to US$620 per tonne, or US$570 on a free-on-board basis, by the second quarter of 2020 (2Q20) as stockpiles decline, James Fry (pictured), the chairman of commodities consultancy LMC International said on Thursday.
Evaluating CBN’s impact on palm oil production
Recently, the Central Bank of Nigeria (CBN) revealed that about 40 applications from investors willing to cultivate palm oil had been received nationwide, in addition to committing about N30 billion to enhance palm oil production in the country
Indonesia keeps palm oil, cocoa export tax unchanged for Oct
* Indonesia will keep the export tax for crude palm oil (CPO) at zero and for cocoa beans at 5% for October, the trade ministry said in a statement on Thursday
Prices of crude palm oil are set to rise sharply in December quarter
After a sharp decline over recent quarters, prices of crude palm oil (CPO) are set to rise sharply in the quarter ending December.
Indonesian fires threaten millions
Over the past few months, fires have destroyed millions of acres of rainforest in Brazil’s Amazon region, normally one of the wettest areas in the world, as well as in Indonesia, which has been immersed in the world capitalist economy since the U.S. covertly engineered a military coup there in 1965 that massacred up to 3 million progressives. (See “Indonesia: the Second Greatest Crime of the Century,†workers.org/books.)
Indonesia on high alert as economic slowdown may further reduce tax revenue
The government is on high alert over a possible increase in tax shortfall this year as the economic slowdown is likely to continue until the end of the year.
