KUALA LUMPUR (Oct 2): It is important to position Malaysian Sustainable Palm Oil (MSPO) as a recognised pathway to compliance with the EU Deforestation Regulation (EUDR) as this will provide the country’s palm oil producers access to the European market and in turn strengthen Malaysian palm oil i...

MSPO should be seen as pathway to compliance with EU deforestation rules — MPOC CEO

KUALA LUMPUR/JAKARTA (Oct 1): Across swathes of Southeast Asia, maturing palm oil trees, some as tall as a 12-storey building, are turning into a multi-billion dollar headache for local farmers, regional governments and consumers everywhere.

Ageing palm trees show a crisis looms for the world’s everything oil

Skyrocketing sugar prices are hitting some of Africa’s poorest nations particularly hard, forcing families and restaurants to forgo use of the ingredient that is core to local diets.

Soaring sugar prices hit African nations the hardest

KUALA LUMPUR (Oct 1): The trend of panic buying has almost deminished and the supply of local white rice in the market has stabilised this week, said Deputy Minister of Agriculture and Food Security Chan Foong Hin.

Panic trend abated, local rice stocks in market back to normal — deputy minister

Agriculture and Food Security Minister Datuk Seri Mohamad Sabu said that he held talks with representatives of the Indian government on Thursday over the country's white rice export restrictions.

Mat Sabu: Putrajaya in talks with India over rice export ban 

KUALA LUMPUR (Sept 29): The government has imposed anti-dumping duties on Japanese cold rolled coils, following completion of its investigations, which began on Jan 31, 2023, based on a petition filed by Mycron Steel CRC Sdn Bhd.

Miti: Govt slaps anti-dumping duties on Japanese cold rolled coils

Wheat headed for the worst run of quarterly losses in 14 years as bumper harvests in parts of the Northern Hemisphere offset ongoing tension in the Black Sea after the collapse of a grain agreement.

Wheat set for worst quarterly run in 14 years on ample supply

Crude palm oil (CPO) prices in 2024 are likely to average at least 11% more than this year as El Nino weather patterns are expected to reduce output in top producer Indonesia, the Indonesian Palm Oil Association (GAPKI) said on Thursday.

Indonesian Palm Oil Association sees palm oil prices rising in 2024 as El Nino crimps domestic output

Malaysia's palm oil production is likely to rise next year as more plentiful labour and the maturation of plantations for harvesting offset the impact of the El Nino weather pattern, the Malaysian Palm Oil Board (MPOB) said on Thursday.

Malaysia's 2024 palm oil output to rise despite El Nino — MPOB

Solidaridad Asia has called on the European Union (EU) to take a comprehensive approach in implementing the EU Deforestation Regulation (EUDR) that will primarily benefit smallholders.

EU urged to implement inclusive deforestation regulations to support smallholders 

KUALA LUMPUR (Sept 27): The retail prices of RON97 and RON95 petrol, as well as diesel will remain unchanged at RM3.47, RM2.05 and RM2.15 per litre respectively for the Sept 28 to Oct 4 period.

RON97, RON95 and diesel prices unchanged until Oct 4

A persistent El Niño may result in lower gas demand in Asia and Europe, assuming El Niño weather patterns follow similar trends as the last 10 years, according to strategic research firm BloombergNEF (BNEF).

BNEF: Persistent El Niño may result in lower gas demand in Asia and Europe

Global steelmakers will finally start to see some reprieve from the flood of Chinese exports that have been inundating the market and pressuring other suppliers.

That’s according to Aditya Mittal, chief executive officer of ArcelorMittal SA, the world’s second-largest steelmaker.

ArcelorMittal CEO sees global steelmakers buoyed by China output limits

IPOH (Sept 26): The pilot non-radioactive rare earth element (NR-REE) mining project, covering an area of 78 hectares in Mukim Kenering, Hulu Perak, has generated almost RM16 million in royalty to the Perak government, the state assembly was told on Tuesday.

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