Market Fundamentals: On Friday, the Dollar Index (USDX) climbed to 98.60 which was last seen in May 2020 before the greenback fell then. This week, we reckon the Dollar Index will be strongly resisted…
Agriculture
Commodity Market Report – 28 Feb 2021
Gold prices will move into wild swings this week in lieu of Russia military action. Technically, we predict the range may be trapped from USD1880 – USD1920 /oz but prone to surge again if the sanction…
Weekly Rubber Report – 28 Feb 2022
Market Fundamentals: Last week, the U.S. stock markets slumped after Russia waged a war into Ukraine on Thursday. Dollar Index (USDX), precious metals, and Crude prices rocketed but retreated sharply …
Weekly Rubber Report – 21 Feb 2022
Market Fundamentals: Global inflation has lifted many major commodities prices including rubber. The recent weakening Dollar has helped to support the price escalation of energies and metal markets. T…
Commodity Market Report – 14 Feb 2022
Gold prices spiked on Friday after Ukraine tension hiked. Market soared to 12-week high at USD1858 /oz following the Crude prices jumped. This week, we reckon the trend needs to stay above USD1840 /oz…
Weekly RUBBER Report – 14 Feb 2022
Market Fundamentals: The sudden rise in Crude prices on Friday due to Ukraine tension might suppress the Dollar for this coming week. Global inflation has slipped into commodity demand and is likely t…
Malaysian island spearheads green palm oil revolution
Malaysia’s Sabah state, on Borneo island, is looking to revolutionize its palm oil industry with a decade-long initiative that will ensure all growers adopt ethical standards and are certified a…
First Thai rice shipment delivered using Laos-China railway
A first shipment 1,000 tonnes of Thai rice has been delivered using the Lao-Chinese railway to Chongqing, marking a new chapter in exports to China, the Agriculture and Cooperatives Ministry announced…
India Plans to Switch to Soft Oils as Indonesia Restricts Palm Oil
According to industry officials and analysts, Indonesia’s plan to limit palm oil exports, which has driven prices to record highs, is expected to make leading importer India to switch to substit…
Govt ready to present facts related to Malaysian palm oil
The government is still waiting for the exact date for the dispute proceeding on the European Union’s (EU) alleged discrimination against Malaysian palm oil scheduled in March this year, said Plantati…