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Malaysian palm oil price climbs to over 3 month top on stronger related oils
KUALA LUMPUR: Malaysian palm oil futures extended gains for the fourth straight session to touch an over three-month high on Thursday evening, tracking gains related to edible oils and crude oil, while short covering activity also provided support The benchmark palm oil contract for October delivery...
Malaysian palm oil price hits fresh 2-month peak on weaker ringgit
The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange was up 0.4% at 2, 102 ringgit ($502) per tonne at the close of trade, after briefly hitting 2, 108 ringgit, its strongest level since May 29.KUALA LUMPUR: Malaysian palm oil futures reversed early losses ...
China to remove soybean oil, rapeseed oil, palm oil import quotas
SHANGHAI (Reuters) – China plans to remove soybean oil, rapeseed oil and palm oil from its import tariff quota management, its commerce ministry said on Wednesday. The news comes after the ministry said on Tuesday Chinese companies had stopped buying U.S. agriculture products in response to U....
EU palm oil ban is Indonesia’s concern for Axiata-Telenor merger
KUALA LUMPUR: Indonesia Minister of Communication and Information Technology Rudiantara told the media that his ministry will conduct a review on the proposed merger between Axiata Group Bhd and Norwegian telecommunication giant Telenor Group. The minister was quoted by Indonesian online business ne...
Minister allays oil palm smallholders’ fears over Malaysian Sustainable Palm Oil certification
MARAN, Aug 5 — Oil palm smallholders should not worry about being pursued by the Inland Revenue Board (IRB) just because they have obtained Malaysian Sustainable Palm Oil (MSPO) certification. Primary Industries Minister Teresa Kok Suh Sim in allaying fears expressed by the farmers pointed out that ...
Minister: Over RM100m allocated to assist smallholders get Malaysian Sustainable Palm Oil certification
JERANTUT, Aug 4 — The government has allocated more than RM100 million to assist smallholders obtain the Malaysian Sustainable Palm Oil (MSPO) certification to increase the value of the commodity in the international market. As such, Primary Industries Minister, Teresa Kok Suh Sim has called on oil ...
