News
Palm Up – Best Annual Rise in 12 Years
PALM oil gained to the highest in more than seven months, adding to the best annual performance in 12 years, on anticipation higher crude oil prices would lift demand for biofuels. Palm oil rallied 56 per cent last year on rising demand from India and China, the biggest consumers, and amid tight sup...
Be Prepared for Volatile Trading
OBSERVATIONS: The Kuala Lumpur CPO futures market ended 2009 with a bang on speculation that the drop in production of palm oil in December 2009 will outstrip the drop in export sales. The corollary is that end-December 2009 stocks will also be lower. The actively-traded March 2010 contract surged t...
Is Malaysia Ready for Renewable Natural Gas?
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CPO Futures – Further Price Weakness Ahead
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Commodities : Price to Stay Stable
THIS year promises price stability for Malaysia’s crude palm oil (CPO), tin, rubber, timber and cocoa, taking the cue from the highly anticipated increase in the prices of most global commodities led by crude oil and gold. Analysts are speculating that crude oil will average about US$80 per barrel, ...
CPO Futures Rise on Global Demand
Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives are likely to stay firm next week on bullish outlook for the commodity, dealers said. Dorab Mistry, whose forecasts are keenly watched, had earlier said that price of CPO could rise to RM2,800 to RM3,000 per tonne by the end of the fi...
