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CPO Prices Close Lower
CPO Prices Close Lower KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives ended lower yesterday on subdued demand for the commodity amid persistent weakness in the crude oil market. Phillip Futures Sdn Bhd derivatives product specialist David Ng said the local market was...
‘No Palm Oil’ Label On Food Products Discriminatory, Baseless – Uggah
KUALA LUMPUR, Dec 9 (Bernama) – The ‘No Palm Oil’ campaign labels on a range of food products in France and Belgium are discriminatory, unfair and baseless, says Plantation Industries and Commodities Minister Datuk Douglas Uggah Embas. Speaking at the European Palm Oil Conference (...
Palm oil/Vegoils: Market factors to watch Dec 9 Tuesday
Palm oil/Vegoils: Market factors to watch Dec 9 Tuesday KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday. FUNDAMENTALS * Malaysian palm oil futures ended lower on Monday after crude markets dived to five-year lows, forc...
CPO Prices Close Mixed
CPO Prices Close Mixed KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives ended mixed yesterday in anticipation of higher inventory for November. Phillip Futures Sdn Bhd derivatives product specialist David Ng said the lower demand from key importing countries kept senti...
Palm Oil Climbs to Near 2-week High
Palm Oil Climbs to Near 2-week High KUALA LUMPUR: Malaysian palm oil futures rose to their highest in nearly two-weeks yesterday after the ringgit currency plunged to a five-year low, making palm cheaper for overseas buyers, although the rout in crude could cap the rally. Malaysia’s ringg...
CPO Futures Prices Close Higher
CPO Futures Prices Close Higher KUALA LUMPUR: Crude palm oil (CPO) futures ended higher yesterday on the back of weaker ringgit. However, Phillip Futures Sdn Bhd derivatives product specialist, David Ng, said that in anticipation of higher inventory and weaker exports, the upside in prices may remai...
