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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
Crude oil futures gain on spot demand, global cues
Crude oil prices on Thursday rose by Rs 9 to Rs 4,269 per barrel as speculators created fresh positions amid positive global trends. Analysts said raising of bets by participants kept crude prices higher in futures trade here.
B20 biodiesel programme debuts in Langkawi
The B20 biodiesel programme has begun in Langkawi, Kedah, for the transportation sector beginning Jan 1, 2020, said Primary Industries Minister Teresa Kok
Booming palm oil market crowds oilseed demand
Palm oil fruits are seen at an African palm oil plantation in Guatemala in September. Palm oil prices have a heavy influence on world oilseed markets and palm oil futures are now trading at their highest levels in three years.
Nigeria’s palm oil quality low, say growers
Oil Palm Growers Association of Nigeria (OPGAN) has expressed concern over the low quality of palm oil produced in the country due to lack of processing machines.
Oil and gas, plantations to benefit from high crude oil prices
CGS-CIMB Equities Research sees oil and gas (O&G) and plantation companies as potential winners if crude oil prices stay elevated, while airline, shipping, rubber gloves and petrochemical companies may be impacted due to higher operating costs
FISME asks FM to set up a national mechanism connecting States and Centre for feedback, grievance redressal
The apex body for Micro, Small and Medium Enterprise (MSME) associations in the country, FISME, has suggested Finance Minister Nirmala Sitharaman to set up a national mechanism connecting governments at the state and centre for seamless feedback and grievance redressal.
Palm oil eases
Malaysian palm oil futures ended lower on Wednesday, weighed down by fears of lower imports from India and Iran’s attack on US-led forces in Iraq, but fears of a shortfall in supply limited losses
Japan prods govt to join trade deal
Japan hopes Thailand will reach a decision soon to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Japan's foreign ministry sa
Economic diplomacy to be strengthened in five years
In the next five years, economic diplomacy will be strengthened through special assignments given by President Joko Widodo to Deputy Foreign Minister Mahendra Siregar, as well as concrete assignments to Indonesian representatives in other countries
