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Middle East conflict boosts demand for alternative fuels
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Malaysia plans phased expansion of biodiesel programme, minister says
Trapped in US-China trade war
THE US-China trade war drummed up by Washington last month threatened to escalate to a full-scale confrontation when Beijing fired back last week with punitive taxes on a wide range of US goods entering China.
Export duty suspension for CPO extended to end-April
PETALING JAYA: The export duty suspension for Malaysian crude palm oil (CPO) has been extended to end-April 2018, according to the Plantation Industries & Commodities Ministry.
VEGOILS-Palm declines on profit-taking, weaker overnight U.S. soyoil
KUALA LUMPUR, April 9 (Reuters) - Malaysian palm oil futures fell on profit-taking on Wednesday after three sessions of gains while a stronger ringgit and overnight losses in U.S. soyoil on the Chicago Board of Trade also weighed.
How will China respond to additional US tariffs?
If the USTR follows through on Trump’s request to add an additional $100bn worth of Chinese imports to the proposed US tariff list, the Chinese will be reluctant to capitulate and seem likely to respond by expanding their own tariff list. In this case, our estimate for the potential damage to China’s economy would rise from 0.1% of GDP to closer to 0.5%. These higher stakes increase the urgency of reaching an agreement with the US but also risk a more damaging outcome if talks break down.
Election likely to entrench Malaysia’s problems
Against the backdrop of a strong economy and with gerrymandering stacking the odds firmly in his favour, Prime Minister Najib Razak is highly likely to win an election which will now take place by May. While this should provide certainty for investors, it means the institutional problems hampering Malaysia’s economy are unlikely to be solved.
Palm oil rises
Malaysian palm oil futures hit a fresh one-month top on Thursday, charting a fourth session of gains in five, as expectations of falling end-March stockpiles boosted the market
Independent oil palm smallholders neglected in sustainability effort
Some 25 years ago, Tugimin, 57, made one of the most important decisions of his life.
Exports and imports down in February
Malaysia’s exports unexpectedly declined by 2% year-on-year (y-o-y) in February, significantly below market expectations of an 8% growth, mainly due to a shorter working month and the high-base effect from February 2017.
Palm oil may edge up to 2,498 ringgit
Palm oil may edge up to 2,498 ringgit per tonne, to complete a wave C
