News
CPO Futures End Mixed
KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives closed mixed today despite a report that China banks have released finances to commodities companies that utilise commodity financing, a dealer said. At the close, spot month September 2014 slipped RM12 to RM1,...
UPDATE 2-Chinese Palm Oil Imports to Remain Low Despite Resumed Bank Lending
BEIJING, Aug 28 (Reuters) – China’s imports of palm oil will remain below average as tight bank lending squeezes buyers’ cash flow and, despite some relief on that front this week, the country’s top importers say they will cut shipments in coming months. China is the wor...
Palm oil/Vegoils: market factors to watch Aug 28 Thursday
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday. FUNDAMENTALS * Malaysian palm oil futures lost earlier gains and ended lower on Wednesdaydue to a strong ringgit, while anxiety about swelling supplies of global edible...
CPO Futures End Lower
KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives ended lower yesterday on the back of the strengthening ringgit amid sluggish export performance, a dealer said. At the close, spot month September 2014 slipped RM39 to RM1,996 a tonne, October 2014 fell RM33 to RM1,974, ...
Palm oil/Vegoils: Market factors to watch Aug 27 Wednesday
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday. FUNDAMENTALS * Malaysian palm oil futures failed to hold on to earlier gains and inched downon Tuesday as worries of plentiful supplies of rival edible oils alongsider...
Palm Futures End Lower
KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives ended lower yesterday after Monday’s rebound on continued selling pressure. A dealer said there was no fundamental reason for the rebound to outweigh negative news surrounding the market. Phillip Futures Sdn Bhd de...
