News
Palm Futures Down on Profit-taking
KUALA LUMPUR: Crude palm oil (CPO) futures prices closed lower yesterday amid some profit-booking activities due to some pullback in global crude oil prices, a dealer said. July 2014 eased RM12 to RM2,448 a tonne, August 2014 was down by RM11 to close at RM2,440, September 2014 declined RM16 to RM2,...
Greening Jet Fuels
Flying with less: The new Airbus A350 XWB is 25% more fuel-efficient than earlier generations of the aircraft. – AFP The aviation industry is on the search for greener fuels. More and more people are “reaching for the skies” these days – flying that is, motivated by how air travel has become a...
Crude Palm Oil Weekly Report – June 29 2014
Malaysian palm oil futures ended slightly higher for the week although it closed lower on Friday due to easing crude oil prices which was possibly lower than the need for biodiesel conversion using palm oil and weakness in comparative soyoil markets. Futures crude palm oil (FCPO) benchmark for Septe...
Palm Futures Lower on Weak Sentiment
KUALA LUMPUR: Crude palm oil futures prices ended lower yesterday as weak sentiments curbed demand for the commodity, a dealer said. July 2014 and August 2014 eased RM10 each to RM2,487 and RM2,481 a tonne, respectively, September 2014 trimmed RM13 to RM2,470, while October 2014 slipped by RM12 to R...
Malaysia-India Trade Likely to Reach $15 Billion by 2015
MUMBAI: With growing business between India and Malaysia, the trade ties between the two countries is expected to reach $15 billion by next year, Malayasia Plantation Minister Amar Douglas Uggah Embas today said. CECA (Comprehensive Economic Cooperation Agreement) provided a new framework which lead...
Palm Oil Little Changed
Kuala Lumpur: Malaysian palm oil futures were little changed on Wednesday after rising to their highest in nearly a month in early trade, as risks of disruptions to Iraq’s oil supply eased, although a small rise in export data lifted hopes of a recovery in demand. The benchmark September contract on...
