News
Need to Bolster Palm Oil Defence
Need To Bolster palm Oil Defence Smear campaigns and non-tariff trade barriers are ruthless political tools in the world’s lucrative vegetable oils trade. Indonesia and Malaysia’s palm oil players must be more adept at positioning their roles if they want to grow their annual export earnings of...
CPO Futures Close Lower on Weak Exports
CPO Futures Close Lower on Weak Exports KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives closed lower yesterday amid weaker export estimates as projected by cargo surveyors, a dealer said. Phillip Futures Sdn Bhd derivative product specialist, David Ng, said the narrow...
Malaysian palm oil snaps near-3-day gain on weaker veg oils, profit taking
Malaysian palm oil snaps near-3-day gain on weaker veg oils, profit taking JAKARTA: Malaysian palm oil edged down on Wednesday, tracking declines in competing vegetable oil markets as traders took profits, but supported by weakness in the ringgit. The benchmark February palm oil contract on the Burs...
CPO Slips on Weaker Crude Prices
CPO Slips on Weaker crude prices KUALA LUMPUR: Crude palm oil (CPO) futures closed lower yesterday amid weaker crude oil prices, said a dealer. Phillip Futures derivative product specialist David Ng said the narrowing price differences between soya oil and palm oil also contributed to the lower clos...
CPO Futures Close Higher
CPU Futures Close Higher KUALA LUMPUR: Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed higher yesterday on anticipation of lower production due to the rainy season towards year-end. Phillip Futures Sdn Bhd derivative product specialist David Ng said the weaker ringgit als...
Education Needed to Change Minds About Palm Oil
Education Needed to Change Minds About Palm Oil The prospect for palm oil in the European market seems bright despite the many challenges faced by the commodity. An illustration of thermometers with varying readings beside flags of several European countries appears on the screen midway through a pr...
