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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
Palm falls to one-week low as related oils drag
Malaysian palm oil futures fell more than 1% on Thursday, pressured by losses in related edible oils and concerns that top buyer India may increase import taxes.
Malaysia takes to active information campaign within EU on palm oil
Malaysia is going on the offensive to inform the European Union (EU) about their palm oil policy, and also prevent the EU from taking what is being portrayed as a “propensity towards protectionismâ€.
Malaysian palm oil price sees strongest gain in a week on weaker ringgit
Malaysian palm oil futures charted their strongest daily gains in a week on Wednesday, pulling out of earlier range trading thanks to losses in the ringgit and a recovery in U.S. soyoil on the Chicago Board of Trade.
Oil prices gain nearly 2% after drop in U.S. crude inventories
Oil prices rose nearly 2% on Wednesday after a larger-than-expected decline in U.S. crude stockpiles helped ease worries about weakening oil demand caused by the trade war between Washington and Beijing.
Singapore's palm-oil plays endure a sullen month
The agri-plays on the Singapore bourse have lost some sheen this eventful month, with the chief culprits being operational headwinds - weak commodity prices and Indonesia's dry spell - and less so the recent move by the European Union (EU) to hit Indonesia, the world's top palm oil producer, with biodiesel levies.
FGV to introduce integrated farming blueprint this year
FGV Holdings Bhd will introduce an integrated farming blueprint this year as part of the plantation company’s strategy to make productive use of marginal land, group chief executive officer Datuk Haris Fadzilah Hassan said.
Soap makers reduce prices to boost demand
Toilet soap makers, led by Hindustan Unilever (HUL), have cut prices following muted growth in the category. Additionally, manufacturers have passed on cost benefits from low palm oil prices to boost market demand.
Indonesia, Mozambique sign new trade deal
Indonesia and Mozambique have signed a preferential trade agreement (PTA), removing tariffs for hundreds of products to boost trade volume between the two nations, the Indonesian trade ministry said in a statement on Wednesday.
Wilmar Helps Farmers Obtain ISPO Certification
These practices include an integrated farmer guidance program, farmer organization empowerment and the implementation of a tracing program to track palm oil from the plantations to the refinery, among others.
