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Malaysia raises palm oil export duty for April
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Middle East conflict boosts demand for alternative fuels
Palm falls on weak rival oils, crude oil prices, April demand concerns
One rate cut is enough … for now
The Bank of Thailand's Monetary Policy Committee (MPC) surprisingly cut its policy rate from 1.75% to 1.50% by a vote of 5-2 on Wednesday
US soybean farmers look to SEA and new markets as exports to China fall amid trade war
The ongoing trade war has led soybean farmers in the United States to brace themselves for record-high carryout stock this year of over 1 billion bushels in leftover supply
Oil price rises more than 2% on firm yuan, expectations of more Opec cuts
Oil price jumped more than 2% on Thursday on expectations that falling prices could lead to production cuts, coupled with a steadying of the yuan currency after a week of turmoil spurred by an escalation in U.S.-China trade tensions.
US, Britain Back Rapid Trade Deal Post-Brexit
The top US and British diplomats said Wednesday (7 August) they were prepared to move “as soon as possible†on a trade deal after Britain’s planned withdrawal fro
Palm hits fresh 10-week high on Indonesia weather concerns
Malaysian palm oil futures hit a fresh 10-week high on Wednesday during the second half of trade, boosted by lingering concerns that dry weather in Indonesia could impact output.
India monsoon rains save soybean, peanut crops from disaster
The oilseeds, sown during the rainy season that runs from June to September, were at risk of lower yields due to a drought a month ago that wreaked havoc with India’s water supply.
Palm oil hits fresh 10-week high
The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange earlier rose as high as 2,109 ringgit ($503.82) per tonne, their highest since May 29, but pared some gains and ended the day flat at 2,102 ringgit.
Palm oil talks finalise price guarantee of Bt4 per kilogram
A palm oil price guarantee of Bt4 per kilogram of 18 per cent of palm oil unit was finalised at a meeting between farmers’ groups and government officials, Deputy Prime Minister and Commerce Minister Jurin Laksanawisit said on Wednesday.
China exports rebound just in time to face fresh Trump tariffs
Exports increased 3.3% in July from a year earlier, while imports declined 5.6%, leaving a trade surplus of $45.1 billion, the customs administration said Thursday. Economists forecast that exports would drop by 1% while imports would shrink by 9%.
