News
Palm Futures Prices Rebound
KUALA LUMPUR: Crude palm oil futures prices on Bursa Malaysia Derivatives rebounded yesterday, propped up by a stronger soyabean market. Phillip Futures Sdn Bhd derivative product specialist David Ng said the CPO recovered from Wednesday’s almost a year low in closing on the back of strong gains on ...
CPO Futures Lowest in a Year
KUALA LUMPUR: Crude palm oil futures prices on Bursa Malaysia Derivatives closed at the lowest level in almost a year, following losses on the Chicago soyabean market, a dealer said. Phillip Futures Sdn Bhd Derivative Product Specialist David Ng said buyers remained cautious following the declining ...
CPO Futures Down on Pessimism
KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives closed lower yesterday on weak demand amid bearish external sentiment, a dealer said. Phillip Futures Sdn Bhd Derivative Product Specialist David Ng said CPO futures ended in the red again as sentiment stayed pessim...
Palm Futures Slip at Close
KUALA LUMPUR: Crude palm oil futures prices closed lower yesterday on persistent weakness in Chicago’s soyabean market despite positive numbers from cargo surveyors. Phillip Futures derivative product specialist David Ng said cargo surveyors reported a 10 per cent increase in CPO shipment in the fir...
Palm Oil Industry Can be an Alternative Source of Energy in Sarawak
KUCHING: As the palm oil industry in Sarawak continues to be an important contributor to the state’s economic growth, the industry can also be an added source of energy for the state, says Sarawak Oil Palm Plantation Owners Association (Soppoa). The palm industry, which has been robust growth and de...
Palm Futures Rebound at Close
KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives reversed Thursday’s losses to close higher yesterday, lifted by a weakening of the ringgit, said Phillip Futures Sdn Bhd Derivative Product Specialist David Ng. Spot month August 2014 added RM5 to RM2,386 per tonne. Both...
