News
CPO Futures End Lower Tracking Soyabean Mart
KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives closed lower yesterday, tracking the overnight losses on the Chicago soyabean market and the effect of stronger ringgit against the US dollar, a dealer said. At the close, July 2014 eased RM13 to RM2,453 a tonne, August ...
Palm Futures Prices End Higher
KUALA LUMPUR: Crude palm oil futures prices on Malaysia Derivatives Exchange closed higher yesterday in anticipation of lower production and inventories, a dealer said. Phillip Futures Sdn Bhd derivative product specialist David Ng said the prices were also higher ahead of the release of the Malaysi...
Palm Oil Import Slides by Nine Percent
Pakistan’s import of palm oil slid by nine percent to $1.671 billion in July-May 2013-14, official figures say. Import of palm oil slumped by $164 million in July-May 2013-14 from $1.835 billion in July-May 2012-13, according to Pakistan Bureau of Statistics (PBS). The volume of palm oil impor...
Palm Futures end Mixed
KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives closed mixed yesterday amid the stronger ringgit against the US dollar, a dealer said. He said traders are mostly cautious ahead of the monthly industry data on Malaysia’s palm oil stocks, output and exports to be releas...
Palm Futures Up on Better Demand
KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives rebounded on improved demand, a dealer said. “Technically, September CPO contract is likely to rise towards the RM2,470-RM2,510 levels.” July 2014 rose RM15 to RM2,450 a tonne, August 2014 was up RM9 at RM2,440, Septembe...
CPO Futures Dip Tracks on CBOT Decline
KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives ended lower yesterday, tracking the sharp decline on the Chicago Board of Trade (CBOT) soya complex market, a dealer said. July 2014 eased RM13 to RM2,435 a tonne, August 2014 was down by RM9 to RM2,431, September 2...
