Tag "palm oil"
Back to homepagePalm oil still has a future, Kok tells Daim
Palm oil, as the most cost-effective oil would continue to play a pivotal role in the world, says Primary Industries Minister Teresa Kok. “It is hard to imagine a scenario wherein it can be replaced by other oils, including coconut,
Read MoreDr M: Don’t hesitate to take action against palm oil discrimination
KUALA LUMPUR: Malaysia and other palm oil-producing nations must not stay silent nor hesitate to take countermeasures if importing countries choose to impose discriminatory trade barriers, said Prime Minister Tun Dr Mahathir Mohamad. “If there is any evidence that such
Read MoreIndia resumes buying M’sian palm oil as KL offers discount
Indian refiners have resumed buying Malaysian palm oil after a gap of nearly a month and contracted around 70,000 tonnes of shipments in December as Kuala Lumpur offered a US$5 (RM20.7) per tonne discount over supplies from rival Indonesia, five
Read MoreNajib: Stop the poppycock Pakatan! Our palm oil exports to India has dived
PUCHONG: Former prime minister Datuk Seri Najib Tun Razak said that Malaysia palm oil produce exports to India has dropped sharply despite the Pakatan Harapan government saying otherwise. In a Facebook post today, Najib said that data from the Malaysia
Read MoreRestriction on palm oil- related products may impact Malaysia’s export to India
KUALA LUMPUR: Malaysia’s current healthy export momentum to India may be significantly dampened, if there are restrictions against the import of palm oil-related products by that country, according to Ram Ratings. This is because palm oil is the biggest contributor
Read MoreAzmin: Trade spat with India over palm oil will not be prolonged
KUALA LUMPUR: The boycott of the Malaysia’s palm oil by Indian traders will likely not be prolonged as there were not enough supplies from top producer Indonesia to cover the shortfall, said Economic Affairs Minister, Datuk Seri Mohamed Azmin Ali (pix). Indian
Read MorePalm oil — a duopoly market where bargaining power is key
KUALA LUMPUR: World’s dominant palm oil producers, Indonesia and Malaysia contribute 87 per cent of the global supply — creating a duopoly market of the most versatile edible oil. Indonesia produces 33 million tonnes of the commodity annually, while Malaysia
Read MoreNew twist to Malaysia-India palm oil issue
KUALA LUMPUR: The Malaysia-India palm oil issue has taken a new twist. Amidst the call by an Indian trade association for importers to shun palm oil from Malaysia, a political body in South India has urged Prime Minister Narendra Modi
Read MoreDr M on India palm oil curb: We will talk to them
KUALA LUMPUR: Prime Minister Tun Dr Mahathir Mohamad said the government will have to work diplomatically if India decides to restrict the imports of Malaysian palm oil. He said the speculated issues were just a reaction from traders and so
Read MoreUnder pressure, M’sia offers to increase imports from India after Kashmir row
KUALA LUMPUR: Malaysia is considering raising imports of raw sugar and buffalo meat from India, potentially easing trade tensions after reports New Delhi could restrict Malaysian palm oil imports following the country’s criticism of India’s actions in Kashmir. Malaysia is
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