News
Palm Oil Futures Down as Dealers Wait for Leads
CRUDE palm oil futures on Bursa Malaysia Derivatives closed lower yesterday as most investors stayed on the sidelines to wait for more market moving news, said dealers. “The market moved in a tight range as the stronger ringgit put some pressure on commodities,” they said. Another trader...
Energy Prices ‘Create a Floor’ for Palm Oil
Palm oil is increasingly being supported by energy prices as demand for biofuels rises, James Fry, managing director of LMC International, said today. “Biofuels have unwittingly transformed vegetable oil prices into part of the energy market,” he said, according to an e-mailed version of a presentat...
Be Prepared for Volatile Trading
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CPO Futures Surge on Positive News from Sime Darby
CRUDE palm oil futures on Bursa Malaysia Derivatives ended higher yesterday, prompted by positive announcement from the country’s top planter, Sime Darby. In an interview with Reuters, the company said it would spend RM3 to RM5 billion on its oil palm estates this year as global demand for the...
Programme To Help Execs Learn Secrets Of Productivity From Rainforests
KUALA LUMPUR, March 31 (Bernama) — Corporate leaders and executives in Malaysia will get an opportunity to learn the secrets of productivity and performance enhancement from the rainforests. A “Rainforest Strategy” programme, which would be held from June 13-17, 2010 at the Royal M...
Unlocking Smallholder and R&D Potential
UNLOCKING the full potential of smallholder planters and genome research are the two key initiatives identified by the Government to boost higher productivity and sustainability level of the palm oil industry in the country. Malaysia is the world’s second largest palm oil exporter. The National Econ...
