faqcontact complaintssitemapintranet pdpk 

AGRICOMMODITY NEWS 2020

Source: StarBiz page 4

Source: New Straits Times page 18


Source: The Malaysian Reserve page 4

PUTRAJAYA: The 2019 novel coronavirus (2019-nCoV) outbreak in China is expected to have a temporary impact on prices of commodities, especially crude palm oil (CPO).

“Of course, prices will come down and this (will) only (be) a temporary phenomenon…not only on commodities prices, but share prices are also going down,” Primary Industries Minister Teresa Kok Suh Sim told reporters after the Reach and Remind Friends of the Industry Seminar 2020 and Dialogue here yesterday.
The seminar was organised by the Malaysian Palm Oil Council (MPOC).

KUALA LUMPUR (Feb 4): Pakistan will buy more palm oil from Malaysia, Prime Minister Imran Khan said on Tuesday, to try and compensate after top buyer India put curbs on Malaysian imports last month amid a diplomatic row.
India imposed general restrictions on refined palm oil imports, and informally asked traders specifically to stop buying from Malaysia, the world's biggest producer of the edible oil. Sources said the move was in retaliation after Malaysia criticised India's new religion-based citizenship law and its policy on Kashmir.