Market Highlights

Market Highlights

Upcoming Challenges for Palm Oil and MPO in Bangladesh Market

Market Overview: Bangladesh is a lower-middle income category country with a 170 million population size. Steady economic progress achieved during the last couple of years has contributed greatly in generating a life style change of a major population segment. ADB’s report shows that Banglades...

Second Wave of COVID-19 in Asia Pacific Region – Challenging Time for Palm Oil

COVID 19 pandemic has created chaos all around the world this year. Beginning in March 2020 number of nations have imposed a lockdown to curb the pandemic. The pandemic has also caused an economic disruption in those countries due to the movement control imposed by the respective government. When th...

A Look at India Palm Oil Import Trend – What to Expect Post Pandemic

The pandemic has caused major upheavals to the economy of India, as it has done globally. The country began a nationwide lockdown in late March, and the first phase which continued until May, forcing businesses to come to a halt. The food and HORECA sectors are among those greatly affected resulting...

Fluctuating fortunes of palm oil in India

Going by the prevailing trends, Palm oil imports into India in September 2020 is expected to be in the range of 700-750k. The festival season is round the corner. The after effects of the prolonged lockdown and continuing restrictions due to the spread of the pandemic points towards a subdued Deepav...

The dominance of United States as the largest importer of palm oil in the Americas region.

The Americas region is one of the major consumers as well as producers of oils and fats in the world. The major oils consume in this region are soybean, canola as and palm oil. United States, Canada, Mexico and Brazil are the top four consumers of oils and fats in this region. In 2019, food [&hellip...

Pakistan – A Consistent Market for Malaysian Palm Oil

Malaysian palm oil exports, which were adversely impacted by the movement restrictions and lockdown implemented in major countries of the world to contain the spread of the pandemic are now gradually recovering. Food & HORECA are among the sectors which were the worst affected by the lockdowns a...

Sub-Saharan Africa 2nd Half 2020 Malaysian Palm Oil Outlook

Regions Jan-Jul 2020 (MT) Jan-Jul 2019 (MT) Diff. (MT) Diff (%) Jan-Dec 2019 (MT) West Africa 653,728 563,028 90,699 16.11 893,317 East Africa 498,779 309,583 189,196 61.11 680,525 Southern Africa 128,374 148,414 (20,040) (13.50) 216,926 Central Africa 121,361 131,024 (9,663) (7.37) 223,315 Grand To...

Free Trade Agreement (FTA) – Focus on Australia and New Zealand Palm Oil Demands

Australia With a population of 25.2 million, Australia consumed 844,100 MT of oils and fats in 2019. Rapeseed oil and palm oil are the main consumed edible oils with a share of 29% and 14% respectively. Rapeseed oil is the second largest produced oil in Australia after tallow and grease. In 2019, Au...

China: WTO Accession and ASEAN-CHINA Free Trade Agreement

Introduction China has undertaken various measures in the past to strengthen its economy. A major expansion of China’s global economic influence happened in 2001 when China took its first initiative to liberalize its traditional economy and become a member of the World Trade Organisation (WTO)...

Free trade agreement with Eurasian Economic Union: Prospects for Malaysia

Following the establishment of an FTA with Vietnam, the EAEU signed FTA agreements with Serbia and Singapore[1]. First we must have an overall picture of the Eurasian Economic Union (EAEU).  This is an international organization for regional economic integration. It provides for free movement o...

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