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CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO FUTURES RALLY ABOVE RM4,500 PER TONNE, HIGHEST SINCE OCTOBER LAST YEAR
MPOB researchers build three-wheeled utility farm vehicle
KUALA LUMPUR: A group of researchers from the Malaysian Palm Oil Board (MPOB) led by Dr. Mohd Azwan Mohd Bakri has invented a three-wheeled utility farm vehicle.
Refiners want yet another hike in edible oil prices
Local refiners have demanded yet another hike in the mill gate prices of edible oils, sources said. Following a meeting with the refiners only 10 days back, the Ministry of Commerce (MoC) raised the prices of all types of edible oils in view of the substantial increase in their international prices in recent months.
Stakeholders touted to invest in APAC soap noodles market
Soap noodles market to grow at 3% CAGR over the timeframe. Soap manufacturers have upped their efforts in purchasing the soap noodles and adding the pigments, flagrances, flavor and other components to have a competitive edge in the market. Use of soap noodles as the main ingredient in the production of soap bars is likely to be witnessed in the next few years.
GRAINS-Soybeans rise 1% on expectations of demand for U.S. supplies
CANBERRA, March 1 (Reuters) - U.S. soybeans rose 1% on Monday, rebounding from a one-week low touched in the previous session, as expectations of strong Chinese demand lifted prices.
APPMA calls for abolishment of 7pc additional customs duty
The All Pakistan Paper Merchants Association (APPMA) has proposed to Federal Finance Minister 10% customs duty on H.S code 48 and requested to abolish 7% additional customs duty in the federal budget for 2021-22 to boost export business and promote cheap education in the country.
Cooking oil gets dearer as COVID-19 disturbs demand-supply equilibrium
Edible oil prices have been constantly rising in India over the past 10 months and have registered an average 60 per cent difference since April 2020. Oil companies anticipate a further increase of up to ₹30 in the next two to three months.
Biden's trade chief pick dodges question on rejoining TPP
China is part of RCEP, whose members make up 30% of the world's economic output, and is eyeing access to the CPTPP. The U.S. withdrew itself from the predecessor of the CPTPP under then-President Donald Trump
Higher Q3 earnings for IJM Corp and IJM Plantations
IJM Corp Bhd’s net profit for the third quarter ended Dec 31,2020 almost tripled to RM144.5mil, thanks to higher crude palm oil (CPO) prices and improved sales from its property development segment.
Increase in biodiesel blend to 5% backed
A move to increase coco biodiesel blend to five percent will translate into significant cost savings for motorists, according to a petroleum and biofuel expert
