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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
Better-for-you bakery: AAK presents multi-functional fat and oil solutions
09 Sep 2019 --- AAK has created several concepts to showcase the company’s fat and oil solutions that help bakers create indulgent and better-for-you non-dairy plant-based products consumers will embrace. The company’s newest global brand for plant-based foods, AkoPlanet, offers formulators a real-life solution for plant-based foods and supports AAK’s efforts to keep pace with consumers’ desires for clean label and sustainable products.
CPO to trade at RM1,900-RM2,200
PETALING JAYA: Crude palm oil (CPO) is expected to trade between RM1,900 and RM2,200 per tonne this month as rising optimism on lower stockpile will likely be offset by weaker demand from India following the major edible oil importer’s move to raise the import duty on palm oil by 5%, according to analysts.
Malaysian palm oil price reverses losses to rise ahead of official data release
KUALA LUMPUR:Malaysian palm oil futures pared most of early losses and rose on Friday ahead of a government data release, as polls forecast inventory levels in August falling to an over one-year low.
Malaysian palm oil price hits 2-week low as India raises import tax
Malaysian palm oil futures closed slightly lower on Thursday, having hit their weakest level in two weeks after top edible oil importer India raised the tax on refined palm oil from Malaysia to 50% from 45% for six months.
Mydin removes ‘palm-oil-free’ products from its stores
Malaysia’s biggest supermarket chain Mydin has removed products labelled palm-oil-free from its stores, its top executive said as part of a campaign by the world’s second-largest producer of the oil to protect the commodity’s image at home and abroad.
The other trade war—Japan vs South Korea
In terms of security, antagonistic Japan-South Korea relations would further polarize the already rivalrous relations in Northeast Asia
HK unrest shouldn't halt free trade agreement: Foreign Minister
Foreign Minister Marise Payne has urged the Hong Kong government to show a "commitment to negotiation" to end months of protests, as she welcomed its decision to withdraw an extradition bill that mobilised millions of opponents.
Oil price little changed as US crude stockdraw countered by demand fears
Oil prices were little changed on Thursday as support from a sharp drawdown in U.S. crude inventories was countered by fears of slowing global demand growth amid doubts over resolving the U.S.-China trade feud.
S Jaishankar holds bilateral talks with Indonesian counterpart
India and Indonesia last year agreed to set up a special task force to enhance connectivity between the strategic Andaman and Nicobar Islands and provinces in Sumatra Island
