There is a good chance that palm oil may regain some market share it lost previously in India after the government announced a reduction in import duties on crude palm oil and refined palm oil, effect…
Commodity Market Report – 14 Jan 2019
Gold prices have broken above the previous resistance at USD1240 /oz and now threading at USD1255 /oz area now. This week, we foresee the trend will reverse into ascension after the quick consolidatio…
Weekly RUBBER Report – 14 Jan 2019
Market Forecast: Rubber commodity traded bullish last week despite U.S. rate hike on Thursday morning. As stocks and Crude prices fall with weaker Dollar, yellow metal is viewed as safe haven again by…
Vietnam supports the development of organic agricultural products
The Agricultural Products Market Transformation and Development Department (Ministry of Agriculture and Rural Development) and the Vietnamese Organic Agriculture Association recently co-organized a fo…
Greenergy Solutions develops 550 MW solar project in Nepal
Greenergy Solutions Inc. has today announced its expansion thru the development of a 550-megawatt (MW) solar power project in Nepal.Ruth P. Briones, Chairman and CEO of Greenergy Solutions Inc., said …
Total says french palm oil curb threatens biofuel facility
French energy group Total said a move by lawmakers to exclude palm oil from raw materials approved for use in biofuel would put at risk its La Mede facility in southern France. French lawmakers last m…
China to establish rubber based FTZ in Sri Lanka
The matter was discussed between the Vice Governor of China’s Hainan province, Shen Danyang and Minister of Plantation Industries Navin Dissanayake in Colombo today. Officials of the Chinese Embassy i…
Japanese firms pick Vietnam as Asia’s top investment spot, with India a distant second
Japanese firms operating in Asia see Vietnam as the most attractive investment destination in the region, thanks to the country’s high economic growth as well as its strengthening position as a produc…
Commodity Market Report – 7 Jan 2019
Gold prices reached 1298 /oz on last Friday and retreated. The trend will begin to consolidate for a while due to profit taking and fund will flight to Crude prices for technical recovery. This week, …
Weekly RUBBER Report – 7 Jan 2019
Market Forecast: Rubber commodity traded aggressively higher after market opened in January. SICOM Rubber hit 7-month high while TOCOM Rubber breaches the JPY180.00 /KG that is seen in August 2018. Th…