|
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
EU biofuel policy faces palm oil backlash from Indonesia
Indonesia’s newly re-elected president, Joko Widodo, has vowed to fight the European Union over plans to restrict the use of palm oil in biofuels.
Country’s export rises by 19.2 pc
The contribution of exports in the country’s foreign trade reached 6.3 per cent in the first 11 months of this fiscal, up19.2 per cent compared to the same period of last fiscal.
On a Philippine island, indigenous groups take the fight to big palm oil
Many Palawan indigenous communities say they have suffered unfair land acquisition or lease arrangements for oil palm plantations. The situation hit a peak around 2007, when palm oil company Agumil Philippines promoted palm oil around the island as a miracle get-rich-quick crop.
Indonesia vows to fight EU over palm oil limits
Indonesia’s president, Joko Widodo, has vowed to fight the European Union over plans to restrict the use of palm oil in biofuels as the bloc looks to limit the materials that can be regarded as renewable energy sources
Vietnam FTA threatens to undercut Bangladesh’s apparel exports to EU
In a blow to Bangladesh’s apparel exporters, the EU, the country’s largest export destination, has extended duty-free access to Vietnam, eliminating the competitive edge that the country held over its biggest rival in the trade.
India-US trade talks to restart today with little sign of compromise; Donald Trump's tweets again saying tariffs were 'unacceptable'
Indian and US trade negotiators will meet on Friday, with little sign of a compromise on a series of protectionist measures taken by the two governments in recent months that have strained ties between the strategic partners.
Palm oil still targets RM1,966
Palm oil still targets RM1,966 per tonne, as it could have reversed its downtrend at the July 10 low of RM1,916.
CPO prices to remain muted due to palm oil glut
Crude palm oil (CPO) prices are expected to remain subdued in the coming months because of oversupply, competitive pricing from Indonesia, and projections of higher production in the second half of 2019 (2H19), according to analysts.
INTERVIEW: SOPA head bets on normal soy area, low rains not a worry
Acreage of most kharif crops is under threat this year due to poor monsoon rains so far. Soybean, however, may be an exception.
