The Malaysian currency remains strong, dimming the appeal of the ringgit-denominated cooking oil for price-sensitive buyers.
KUALA LUMPUR: Palm oil prices climbed after two sessions of decline, on the back of a rise in rival soybean oil.
Soybean oil gained as much as 0.3% after the US department of agriculture announced more sales of American soybeans, along with the first known sales of wheat, to China on Friday.
“However, market players expect the rise in palm prices to be capped by expectations of growing supply.
Ketua menteri tegaskan Sabah mesti ada hubungan baik dengan kerajaan persekutuan jika kita ingin berkembang.
Singapore will start issuing bunkering licences next year to companies supplying methanol as marine fuel, in an effort to help global shipping cut carbon emissions.