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CPO Futures Prices Close Higher
CPO Futures Prices Close Higher KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives ended higher yesterday amid anticipation of lower production for December and better exports ahead. Phillip Futures Sdn Bhd derivatives dealer David Ng said the weaker production would hel...
Ringgit, subsidy compensate slight pressure on CPO prices
Ringgit, subsidy compensate slight pressure on CPO prices KUCHING: Downward pressure on crude palm oil (CPO) prices are continuously coming in the form of plunging crude oil prices, but this is mutually mitigated by the weakening ringgit and the government’s biodiesel mandates. According to research...
Palm oil : Market factors to watch Dec 23 Tuesday
Palm oil : Market factors to watch Dec 23 Tuesday KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday Dec 23. FUNDAMENTALS* Malaysian palm oil futures rose for a fourth session on Monday to a week’shigh as better-tha...
Palm Oil Free labels damaging for Malaysia
Palm Oil Free labels damaging for Malaysia THE spreading of “No Palm Oil” or “Palm Oil Free” campaign, first in Europe and now in Singapore, is potentially damaging for Malaysia, said National Association of Smallholders (Nash) of Malaysia. “It has come to this part of the world,’’ Nash secretary-ge...
CPO prices marginally higher
CPO prices marginally higher KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives ended marginally higher yesterday amid bargain buying activities. Phillip Futures Sdn Bhd derivatives product specialist David Ng said weaker crude oil prices are deterring biofuel producers ...
Malaysian palm oil slides for 3rd-straight day on crude oil slide
Malaysian palm oil slides for 3rd-straight day on crude oil slide KUALA LUMPUR: Malaysian palm oil futures fell for a third day on Tuesday and slide to their weakest in nearly two weeks, as crude deepened its sharp drop and volatility in emerging Asian markets turned investors wary. Brent crude fell...
