News
CPO Futures Dip on Weak Sentiments
KUALA LUMPUR: Weak market sentiments influenced the crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives to close lower yesterday, a dealer said. May 2014 eased RM8 to RM2,632 a tonne, June 2014 lost RM14 to RM2,591 a tonne, July 2014 fell RM15 to RM2,568 a tonne and August 2014 decl...
CPO Futures Dip on Weak Sentiments
KUALA LUMPUR: Weak market sentiments influenced the crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives to close lower yesterday, a dealer said. May 2014 eased RM8 to RM2,632 a tonne, June 2014 lost RM14 to RM2,591 a tonne, July 2014 fell RM15 to RM2,568 a tonne and August 2014 decl...
Palm oil/Vegoils: Market factors to watch May 6 (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 ended lower on Monday, stretching losses into a fourth straight day, as investors waited for an official report on export deman...
Palm Futures Falls on Strong Ringgit
KUALA LUMPUR: The crude palm oil futures contract on Bursa Malaysia Derivatives closed lower yesterday, prompted by the stronger ringgit against the US dollar. Phillip Futures Sdn Bhd derivatives product specialist David Ng said the disappointing Chinese purchasing managers index and the expectation...
Sabah Oil Palm Sector Must Remain Resilient
PROVEN OPTION: Policymakers’ support vital, says IJM Plantations chief SABAH’S palm oil industry must maintain the same pioneering spirit that is partly responsible in positioning the state into what it is now — Malaysia’s largest crude palm oil (CPO) producer. IJM Plantation...
Malaysia Oil Palm Industry has Chartered New Frontiers, says DPM
KUALA LUMPUR: Deputy Prime Minister Tan Sri Muhyiddin Yassin today said the oil palm industry in Malaysia has chartered new frontiers by ensuring adequate supply of palm oil to meet the growing global demand for this versatile oil. He added that while this being the case, the county cannot remain co...
