News
Palm Boosted by Favourable Export Figure
CRUDE palm oil (CPO) futures on Bursa Malaysia Derivatives closed mostly higher yesterday, boosted by favourable export figures, dealers said. Cargo surveyor Intertek Testing Services reported that Malaysian palm oil exports for the February 1 to 10 period increased 5.4 per cent to 370,727 tonnes fr...
Palm Set for Best Run Since November
PALM oil advanced yesterday, poised for the longest rally in more than two months, on speculation that stockpiles in Malaysia may have declined. April-delivery futures rose 0.４ per cent to close at RM2,561 ringgit a metric ton on the Malaysia Derivatives Exchange. The most-active contract rose for a...
Indonesia to Limit Crude Palm Oil Export
JAKARTA: Indonesia plans to limit exports of crude palm oil (CPO) to encourage downstream work, its Industry Minister M.S. Hidayat said yesterday, a trade group doubts would easily lead to the hoped for surge in value-added products. However, the plan is unlikely to have any near-term impact on CPO ...
Palm Futures Ease as Players Take Profits
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CPO Futures Close on Steady Note
CRUDE palm oil futures on Bursa Malaysia Derivatives closed firmer yesterday, supported by the uptrend on soyoil and crude oil prices, dealers said. The gain was also supported by higher demand in the local market but the production level was lower, they said. Investors were also waiting for the car...
EU Protectionism Passed Off as Environmentalism
Europe is facing the twin challenge of trying to get economic growth back on track while being a good steward of the environment. These goals are not necessarily in conflict with each other—unless of course the protectionists get in the way. The European Commission in June adopted regulations about ...
