India Hikes Import Tax On Palm Oil, Other Edible Oils By 20 Pct
By Shakir Husain
NEW DELHI, Sept 14 (Bernama) -- India has hiked import tax on palm oil and other edible oils by 20 per cent, a move seen as helping local oilseed farmers.
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Bad Weather Conditions Likely To Boost Rubber Market Next Week
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Sept 14 (Bernama) — The local rubber market is expected to trade higher next week due to uncertainties caused by bad weather conditions, which could boost both demand and prices, said industry expert Denis Low.
CPO Futures Expected To Trade Lower Next Week
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Sept 14 (Bernama) — Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade on a downward bias next week, given the persistent weak demand seen recently, a dealer said.
Cpo Futures Close Lower, Tracking Weak Demand
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Sept 13 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower on Friday as concern over weak demand for the commodity grows, a trader said.