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Flood-Hit Areas in Malaysia May See Showers as Palm Oil Climbs
Flod-Hit Areas in Malaysia May See Showers as Palm Oil Climbs Flood-hit areas in Malaysia, the second-largest palm oil producer, may see showers and storms over the first week of 2015, according to the national weather agency, while a U.S.-based forecaster said although more rain is on the way the r...
CPO Ends Higher
CPO Ends Higher KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives ended higher for the eight consecutive day yesterday on anticipation of lower supply. Phillip Futures Sdn Bhd derivatives dealer David Ng said worsening weather conditions in key growing areas in Malaysia...
Malaysian Palm Oil Price at 7-week High, Floods Curb Supplies
Malaysian Palm Oil Price at 7-week High, Floods Curb Supplies SINGAPORE: Malaysian palm oil rose for an eighth consecutive session on Monday to its highest since Nov. 12 as floods in the country’s key producing states reduced supplies of the world’s most traded vegetable oil. Severe mons...
Crude Palm Oil Weekly Report – December 27, 2014
Crude Palm Oil Weekly Report – December 27, 2014 Malaysian palm oil futures climbed higher on Friday to 2,249, due to expectation of the monsoon rain which could damage output for the rest of the year. Futures Crude Palm Oil (FCPO) benchmark March 2015 contract settled at 2,249, up 96 points or 4.5...
Challenging Times Ahead for Palm Oil Industry
Challenging Times Ahead for Palm Oil Industry KUALA LUMPUR: The rapid growth of the palm oil industry has brought about many new challenges to the sector’s future sustainability and competitiveness. For Malaysia, making inroads into new markets is always crucial for the 20 millions of tonnes o...
