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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
Palm falls on weak rival oils, crude oil prices, April demand concerns
Indonesian province moves to curb slash-and-burn clearances as fires rage
Authorities in Indonesia's West Kalimantan province said on Thursday (Sep 12) that they had tightened rules to try and curb slash-and-burn clearances by plantation companies, a practice linked to a wave of forest fires.
World 'losing battle' on 2020 goal to cut deforestation
Meeting a landmark target to slash by at least half losses of natural forests by 2020 is likely to be “impossibleâ€, as deforestation has soared in the five years since it was set, warned a report on progress towards the goal.
Palm oil exports set to decline as India buys less
Malaysia’s biggest palm oil buyer is likely to reduce its purchase over the next few months, a move that is expected to hit local palm oil exporters beginning this month.India, which accounted for nearly 33% of Malaysia’s palm oil exports in August 2019, recently upped the import tax on Malaysia’s refined palm oil from 45% to 50% for a period of six months
EEU FTA in progress
Thailand could see a windfall in bilateral trade though an upcoming free trade agreement (FTA) with the Russia-led Eurasian Economic Union (EEU), set to finish negotiations over the next few years, says Russian minister of economic development Maxim Oreshkin.
Trade talks: Government open towards fair RCEP, but wants FTAs reviewed, says Piyush Goyal
India has invited representatives of RCEP members for discussing ideas in New Delhi on September 14-15
Donald Trump delays US tariff rate hike to avoid escalating trade tension on China’s National Day
US President Donald Trump said on Wednesday that he will delay a planned increase in tariffs on Chinese goods at the request of Vice-Premier Liu He to avoid escalating trade tensions on China’s National Day.
The human cost of palm oil development
The oil palm industry likes to present itself as a success story in fighting rural poverty in tropical countries, an image supported by a recent article in The Conversation. Is it true?
Palm Oil Misunderstandings & Palm Done Right
Palm oil is an ingredient as widespread as it is controversial. Found in products like food, cosmetics, shampoo and even detergent, this stuff is a hot topic among those concerned with the environment, animal welfare, and food justice.
Local peanut oil prices expected to stabilize
The prices of local peanut oil and groundnuts, which rose in August, are expected to stabilise this month, says an official with an industry organisation.