Indonesia will reimpose a domestic sales requirement on palm oil, the government said on Friday, a day after the world’s biggest producer of the key edible oil reversed a ban on its export. Pres…
Agriculture
Commodity Market Report – 16 May 2022
Gold prices waned as the market perceived a strong Dollar last week. Technically, we have identified strong support at USD1780 /oz in case of falling further this week. Topside resistance is limited a…
Weekly Rubber Report – 16 May 2022
Market Fundamentals: The Dollar Index (USDX) reached 105.00 level on Friday and closed near to this high. Commodity markets slumped except the Crude prices. Generally, food prices, Gold and Rubber tra…
Malaysia may cut palm oil export tax amid global supply crisis
Malaysia’s Plantation Industries and Commodities Minister Zuraida Kamaruddin said importing countries have asked Malaysia to reduce its export taxes, and some – like India, Iran and Bangla…
Why Indonesia Banned Palm Oil Exports
The last several months have been a wild ride for Indonesia’s palm oil sector, culminating last week in a blanket ban on exports of both crude palm oil and its refined products, such as cooking oil. R…
Vietnam advances in movement that will revolutionize agriculture
More than 67% of Vietnamese communes meet the standards of the new rurality, a movement called to revolutionize the national agricultural economy, the Ministry of Agriculture and Rural Development rep…
For Climate Migrants, Bangladesh Offers Promising Alternatives
Twenty-nine-year-old Monira Khatun was devastated after her husband abandoned her suddenly. She returned to her father only to face another blow. He died soon after, leaving her to shoulder three othe…
Commodity Market Report – 28 Mar 2022
Gold prices have cemented strong support at USD1920 /oz last week. This week, the market may be uncertain and contained from USD1920 – USD1970 /oz and initiate a drawdown again. In our opinion, the tr…
Weekly Rubber Report – 28 Mar 2022
Market Fundamentals: The Russia – Ukraine crisis continues to trigger a shortage in global Crude supply and also supports the rubber demand in recovery. This week will be the final week of the Q1 seas…
Vietnam funds agricultural, infrastructure projects in Lao province
The Vietnam-Laos and Laos-Vietnam cooperation committees on March 22 started the construction of an agricultural technique and services centre in Xaysomboun province, which is funded by Vietnamese non…