News
Agriculture Sector Contracts 2 Percent
THE agriculture sector contracted 2% during the first half of 2009, mainly due to lower production of palm oil.However, output of the non-commodity sub-sector, including livestock, fishing and other agriculture, expanded strongly with the implementation of various programmes. These include high-impa...
B5 Biodiesel Doing Well, says Council
KUALA LUMPUR: The implementation of the B5 biodiesel programme in the country is still at the early stage, according to Malaysian Palm Oil Council CEO Tan Sri Dr Yusof Basiron. ìWe are only at the first stage of this programme and so far, there are no complaints from government departments that use ...
Extended Technical Bounce for CPO Expected
OBSERVATIONS: Lifted by a combination of short-covering and fresh buying interest, the Kuala Lumpur CPO futures benchmark December 2009 contract closed last Friday at RM2,085 a tonne, up RM49 or 2.41 per cent over the week. The price rise, however, was really nothing to shout about. Because of marke...