Market Fundamentals: Rubber prices recovered last week due to rising demand from China. Dollar Index (USDX) waned in early part of last week and helped to push Rubber prices higher. However, the stron…
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What Is Red Palm Oil And How Is It Best Used?
How is palm oil made? Palm oil is derived from the fruit that hangs in bunches on the oil palm tree. The individual oval-shaped fruits, which grow together by the hundreds, are around one to two inche…
Palm oil giants Indonesia, Malaysia start talks with EU over deforestation rule
Indonesia and Malaysia, the world’s top two producers of palm oil, have set up a joint task force with the European Union to address their differences over a new law making it harder for the ubiquitou…
Is a global food crisis the new normal?
When India halted the exports of non-basmati white rice in late July to control soaring prices domestically and ensure its local availability, the country had an explanation ready. The ban, coming fro…
Asean’s digital economy to touch $330B by 2025
Asean’s digital economy which reached $194 billion in 2022 is now projected to rise to $330 billion by 2025. Disclosing this at the opening of the 2023 ASEAN Investment Forum (AIF) in Jakarta on Satur…
Commodity Market Report – 28 Aug 2023
Gold Gold prices regained small strength above USD1900 /oz last week. Technically, we foresee the trend will whipsaw this week due to uncertainty and within the range of USD1895 – USD1920 /oz. The bul…
Weekly Rubber Report – 28 Aug 2023
Market Fundamentals: China announces rate cut on the 1-year lending rate to 3.45 percent in an effort to stimulate SME loans and reverse weakening consumer spending. Last week, Shanghai Rubber rose an…
Vietnam joins Southeast Asian effort on cross-border payments
Vietnam’s central bank signed an agreement on Friday to be part of an initiative by five other Southeast Asian countries to establish a cross-border payments mechanisms between them. Vietnam wil…
Gov’t plans to raise Philippines renewable energy output to 50% by 2040
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India plans own certification for digital public infra, goods
India is working with multilateral forums, including the UN and the G20, to create collaborations that would certify, register, test and benchmark Indian digital public infrastructure (DPIs) and publi…