Market Highlights
Trade agreements & their impact on commodity trade
The impact of trade agreements on enhancement of trade flows is undeniable. These agreements or treaties are signed between two trading nations or among regional trading partners to lower trade barriers by reducing or removing tariffs, thus enhancing free flow of trade and giving preference to each ...
Leveraging on Malaysia – Turkey Free Trade Agreement for Strategic Market Access in the Region
Malaysia – Turkey Free Trade Agreement (MTFTA) was signed by YB. Dato’ Sri Mustapa Mohamed Minister of International Trade and Industry, Malaysia, and Hon. Nihat Zeybekci, Minister of Economy of The Republic of Turkey on 17 April 2014 in Ankara, Turkey, after nine rounds of negotiations. The a...
Trade agreement with Nigeria, an avenue Malaysia should explore
Sub-Saharan Africa has been touted as the new frontier for the palm oil sector, and with good reasons. The region consumed an estimated 10.3 million MT of oils and fats in 2019. In addition, palm oil held a consumption share of 69% in the same year. Furthermore, the region’s population of 1 billion ...
Impact of Sustainability in China’s Palm oil Trade
China’s domestic consumption of palm oil has reached 7.2 million MT in 2019, which is approximately 9.5% of the total global production of palm oil. The imports and consumption of palm oil recorded a significant growth of 33% in 2019 (increasing from 5.4 million MT in 2018 to 7.2 million MT in 2019)...
Rise of MPO Market Share in Bangladesh – Making Investment Opportunities Lucrative
During Jan. – June period of 2020, the market share of MPO has increased significantly and has put Malaysia at a respectable position in the palm oil market share in the Bangladesh’s palm oil market once more. Price competitiveness of MPO compared to Indonesian suppliers contributed mainly in the sa...
ATIGA – Catalyst for Palm Oil Trade in ASEAN
ASEAN is one of the vibrant economic regions in the world. The member countries of ASEAN, which include Thailand, Laos, Cambodia, Vietnam, Malaysia, Philippines, Myanmar, Brunei, Indonesia, and Myanmar, have all shown strong GDP growth in the past years. Even during these testing times when the worl...
Lower Sunflower Seed Production In Romania To Spur Palm Oil Imports
With a total land area of almost 240,000 square km, Romania is the biggest country in the Balkan. It is very much an industrial country since overtaking agriculture as the main economic driver since 2007 when the country joined the European Union. With an agricultural land capacity of close to 15 mi...
Logistical Supports for Palm Oil Market Expansion in the United States
Market Background United States is the largest market for vegetable oils, accounted for approximately 80% of volumetric share in North American vegetable oils market in 2019. US dominates the oils and fats regional market, owing to its high consumption and export of oils. The future of US vegetable ...
Maintaining Malaysian Palm Oil Market Share in Sub-Saharan Africa
With a population of more than 1 billion people, the Sub-Saharan Africa palm oil market has been growing substantially in the last ten years. Despite having local palm oil production, the domestic requirement is greater than the region can supply by its own. In 2019, African countries produced about...
Export fostering: Prospects of countertrade
The history of barter schemes dates back thousands of years. Today, barter is actively used where, for some reason, it is not possible to use monetary schemes. In turn, the use of countertrade can expand the market penetration and significantly increase sales over the long term. In 2019, Malaysia ex...
