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This is due to increased output and higher CPO price
KUALA LUMPUR (REUTERS) - Palm oil futures recouped early losses on Tuesday supported by the prospect of a lower-than-expected fall in exports between April 1-15, although concerns over rising stockpiles due to slowing demand capped gains.
BUENOS AIRES: Argentina’s top exporter of processed soy, Vicentin, is in talks over a potential takeover deal with firms including European grains giant Glencore to help resolve a debt crisis, according to two sources close to the negotiations.
PETALING JAYA: The plantation sector is off to a good start in 2020 as crude palm oil (CPO) continues to extend its rally from 2019 to trade above RM3,100 per tonne on strong fundamentals.
PETALING JAYA: Crude palm oil (CPO) futures extended their price rally to breach the RM2,500-per-tonne mark yesterday.
ROME: World food prices eased slightly in June, ending a run of five months of consecutive gains, pushed down by a plunge in the price of dairy products, the United Nations food agency said on Thursday
(Reuters) - U.S. President Donald Trump said on Thursday he would impose 5% tariffs on all goods imported into the United States from Mexico and raise them every month until they reached 25% unless the Mexican government takes action to stem illegal immigration.
BEIJING: China said on Monday it would impose higher tariffs on most U.S. imports on a revised $60 billion target list, hitting back at a tariff hike by Washington on $200 billion of Chinese goods in a further escalation of a bitter trade war.
KUALA LUMPUR: Malaysian palm oil futuresfell on Thursday, after a cargo surveyor data showed exportsgrew slower than expected in January.