PALM oil, known for its versatility, serves as a widely consumed vegetable oil worldwide, is an important ingredient in the food industry. It is mainly used as a cooking oil and also in various food a…
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Malaysia mulls expansion of B10 biodiesel usage to industrial sector
Malaysia is considering expansion of its B10 biodiesel programme, which requires the mandatory use of 10% palm oil, to the industrial sector, its plantations and commodities minister said on Tuesday. …
Bangladesh nuclear energy: Putin joins virtual launch of new power plant
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Commodity Market Report – 9 Oct 2023
Gold prices dipped beneath USD1810 /oz and bounced off on Friday. This week, we predict the trend will move into small recovery and trade within USD1810 – USD1850 /oz. Beware of breaking beneath USD18…
Weekly Rubber Report – 9 Oct 2023
Market Fundamentals: Dollar Index (USDX) topped 107.05 level retreated last week. Strong rise in U.S. payrolls on Friday release might trigger another rate hike in early November. Rubber demand has w…
SKC plans world’s largest biodegradable plant in Vietnam
South Korea’s SKC Ltd., secured an investment registration certificate (IRC) to establish the world’s largest biodegradable plastics material production facility in Haiphong, Vietnam. According to SKC…
Sri Lanka’s wait for 2nd tranche of IMF’s bailout gets longer
The International Monetary Fund (IMF) said on Wednesday that discussions will continue to secure a staff-level agreement as Sri Lanka was unlikely to meet revenue targets after a $3 billion bailout pa…
Japan, Petronas to discuss storing Japanese CO2 in Malaysian sites
The Japanese government and Malaysia’s state oil firm Petronas (PETRA.UL) on Wednesday agreed to discuss how to export carbon dioxide (CO2) emitted in Japan to storage sites in Malaysia as part …
India, Malaysia, and Indonesia Team Up to Fight Western Countries’ Black Campaign Against Palm Oil
Palm oil giants Malaysia and Indonesia are teaming up with India to fight what they call a black campaign targeted at the commodity. The three countries promised to jointly promote the positive benefi…
Chinese Tourists Have Good Reasons Not to Return to Southeast Asia
Mainland Southeast Asia once ranked among the top tourist regions in the world, bolstering economies and employing millions, but a rot set in with the rise of authoritarian regimes and a preference fo…