"They can no longer ask for concessions for palm oil [or] mining," Widodo told reporters on Thursday, when asked about the moratorium plans. Widodo said he had spoken to government ministers regarding the plan but stopped short of providing a timeline for the move.
* Malaysian palm oil futures took a slight dip in evening trade on Monday after seeing gains in the morning, as traders sold on poorer performing exports and a volatile ringgit.
* U.S. soybean futures rose on Monday, retracing a portion of last week's heavy declines, as attention turned to weather risks and strong export demand ahead of closely watched U.S. government crop reports, analysts said.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
