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Full B5 Biodiesel Implementation To Be This Year
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CPO Futures End a Tad Easier
CRUDE palm oil (CPO) futures on Bursa Malaysia Derivatives closed a shade lower in quiet trading due to lack of interest. “The market remained quiet. A majority of fund managers remained sidelined while others were still away for the Chinese New Year. “Their absence was greatly felt by t...
Palm Rises on Talks of China, India Demand
PALM oil gained yesterday on speculation that demand for the edible oil may remain strong in India and China, the world’s biggest users. May-delivery palm oil futures advanced 0.2 per cent to RM2,635 a metric ton on the Malaysia Derivatives Exchange. “Demand growth should remain strong given the pro...
Hard to Cultivate Fruitful CPO Exchanges
IT is undeniable that crude palm oil (CPO) has become the world’s most tradeable vegetable oil despite the constant bad publicity it receives on the issue of sustainability and environment. This is well reflected by the growing number of international CPO contracts being set up in most major consumi...
Palm Oil May Hit RM2,760 : RHB
Crude palm oil, up 2.2 per cent this year, may extend the rally to a nine-month high of RM2,760 a metric ton, RHB Research Institute Sdn Bhd said, citing trading patterns. Prices have “successfully reclaimed the important RM2,500 level” and traded at above the 10-week simple moving average near RM2,...
CPO Futures Down Amid Quiet Trading
CRUDE palm oil futures on Bursa Malaysia Derivatives closed a shade lower yesterday amid quiet trading in tandem with weakening in other commodities market. “The market remained quiet as many fund managers were still on Chinese New Year holiday,” Interband Group’s senior palm oil t...
