“We’re dealing with a crisis here, folks.” The warning from John Kerry, the US president’s top climate envoy, to global leaders at the World Economic Forum in Davos in May 2022 couldn’t have been clea…
Featured
Indonesia plans new incentives to clear palm oil inventory, boost exports
Indonesia plans to soon bring in new rules on its palm oil export levy and incentives to increase exports and empty storage tanks, a senior official said, the latest effort to accelerate shipments aft…
As Sri Lanka’s Economy Unravels, a Crude Awakening
Shortly after protestors stormed the Sri Lankan presidential palace, prompting the resignations of President Gotabaya Rajapaksa and Prime Minister Ranil Wickremesinghe, a unity government comprising o…
Explained: Global edible oil prices crash; will other food commodities follow?
The present prolonged bout of global food inflation from around end-2020 began with edible oils. Could it end with edible oils? As far as overall food inflation goes, these are still early days. The U…
Commodity Market Report – 11 July 2022
Gold prices broke beneath USD1800 /oz benchmark and reached USD1740 /oz level. This week, we have identified the next support to emerge at USD1720 /oz in case of drawdown and bargain-hunting activity …
Weekly Rubber Report – 11 Jul 2022
Market Fundamentals: Dollar Index (USDX) crossed above the 106.00 level and created a 20-year record high last week. General commodities have sunken after Gold and Crude prices waned in prices before …
Vietnam’s leading dairy company Vinamilk commits to sustainable development with “Green farm” – the ecological dairy farm system at Global Dairy Congress
At the 15th Global Dairy Congress held from June 14-16 in France, Vinamilk, representative of Vietnam’s dairy industry, shared about sustainable development direction with Vinamilk Green Farm mo…
Asean nations share bounty of RCEP trade facilitation package
During Thailand’s durian season every year, orders from China for the thorny “king of fruits” always surge, driving up shipments from the world’s top fresh durian exporter. This year, after the Region…
China industries relocate elsewhere
There was talk all around that world’s second largest economy China would relocate its labour-intensive industries like textile to Pakistan to take advantage of reduced production cost. The move would…