CPO price outlook remains robust given production decline is expected to continue into 2020 from the dry weather impact, lower fertiliser application as well as lower replanting, sturdy demand on top of the implementation of biodiesel mandates and significant earnings improvement ahead from higher CPO prices. […]
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By Reuters – January 1, 2020 @ 10:39am MUMBAI: India has cut import taxes on crude and refined palm oil from Southeast Asian (Asean) countries after a request from suppliers, a government notification said on Tuesday. The reduction will lead to higher imports of palm oil by the world’s […]
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KUALA LUMPUR (Dec 27): Palm-oil prices continue to rally, hitting new two-year highs as lower production data fuel fears of a supply shortage, say traders. On the Chicago Board of Trade, prices of rival soybean oil rose to their highest levels since June 2018 on […]
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The golden oil – Palm Oil tour The Primary Industries Minister Teresa Kok said : … the government is also committed to maintaining at least 50% of the country’s land under forest and green cover as it develops the palm oil industry. “The latest figures reported […]
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