News
Palm Futures Down on Lack of Fresh Leads
Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives retreated at close yesterday to end lower on lack of fresh leads, dealers said. The market, which rebounded slightly at mid-day, saw no follow-through amid expectation of a weak production report for September to be released later thi...
Palm Futures Down on Lack of Fresh Leads
Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives retreated at close yesterday to end lower on lack of fresh leads, dealers said. The market, which rebounded slightly at mid-day, saw no follow-through amid expectation of a weak production report for September to be released later thi...
CPO Futures : RM1,990 Level May Be Tested
OBSERVATIONS: The Kuala Lumpur CPO futures market, basis the benchmark December 2009 contract, settled last week at RM2,036 a tonne, down RM150 or 6.86 per cent, and is within striking distance of the RM1,990 a tonne long-term support level. That support level will probably be tested – and dem...
CPO Futures Dragged Down by Export Data
CRUDE palm oil (CPO) futures on the Bursa Malaysia Derivatives ended mostly lower yesterday, weighed down by the unfavourable export figures for September and the decline in soyoil prices, dealers said. Cargo surveyor Intertek Testing Services forecast a 7.8 per cent drop in exports in Malaysian pal...
CPO Futures Close Lower
CRUDE palm oil (CPO) futures on the Bursa Malaysia Derivatives ended mostly lower yesterday, weighed down by the unfavourable export figures for September and the decline in soyoil prices, dealers said. Cargo surveyor Intertek Testing Services forecast a 7.8 per cent drop in exports in Malaysian pal...
Bursa to Gain from CME Group Partnership
KUALA LUMPUR: The collaboration between Bursa Malaysia Bhd and CME Group Inc will see the latter buying a 25% stake in Bursa Malaysia Derivatives for RM55mil. The acquisition would be satisified via RM2mil cash and the balance in CME shares, which would make Bursa a “small shareholder” in the world’...
