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Malaysia palm oil/Vegoils: Market factors to watch Nov 18 Tuesday
Malaysia palm oil/Vegoils: Market factors to watch Nov 18 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 edged up on Monday to snap a three-day losingstreak, although ...
CPO Futures Extend Losses
CPO Futures Extend Losses KUALA LUMPUR: Crude palm oil futures (CPO) contracts on the Bursa Malaysia Derivatives market extended their losses to close lower on a weak crude oil market. Phillip Futures Sdn Bhd derivative products specialist David Ng said brent crude oil prices remained near a four-ye...
CPO Futures Close Lower
CPO Futures Close Lower KUALA LUMPUR: Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed lower yesterday, tracking weakness in the crude oil market and lower palm oil exports to India, a major palm oil destination. According to the Solvent Extractors’ Association, palm oil s...
Dual Defence
Dual Defence INDONESIA Palm Oil Board (IPOB), the umbrella body of Indonesia’s palm oil sector, wants to join hands with Malaysia to fight smear campaigns that intend “to kill the growth of oil palm plantings”. As a step towards this initiative, IPOB, provided it gets government approval, wants to f...
CPO Marginally Lower
CPO marginally Lower KUALA LUMPUR: Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed marginally lower yesterday amid weakness in the crude oil market, coupled with profit-taking after recent gains. Phillip Futures Sdn Bhd derivatives product specialist David Ng said narrowi...
CPO Futures Close Higher for Second Straight Day
CPO Futures Close Higher for Second Straight Day KUALA LUMPUR: Crude palm oil (CPO) futures closed higher for the second day due to expectation of lower production based on lower inventory as envisaged by the Malaysian Palm Oil Board (MPOB) month-to-month report. Phillip Futures derivatives speciali...
