News
Lower soybean output and better palm oil exports to keep CPO prices above RM2,600: Analysts
PETALING JAYA: Lower soybean production and better palm oil exports are likely to sustain crude palm oil (CPO) prices above RM2,600 a tonne on average this year, with most analysts putting the figure at RM2,700. MIDF Research has maintained its positive outlook on the plantation sector, expecti...
CPO Futures End Marginally Lower
KUALA LUMPUR: Crude palm oil futures contract on Bursa Malaysia Derivatives closed marginally lower yesterday, upon the release of a bearish set of data by the Malaysian Palm Oil Board. April 2014 ended RM5 higher at RM2,655 a tonne but both May 2014 and June 2014 finished RM4 lower at RM2,627 and R...
Palm oil to recover, may hit RM2,900
BANGI: Palm oil, which is currently trading at around RM2,600 per tonne, is sizeably undervalued and is set to recover, a top oils analyst said yesterday. Hamburg-based Oil World executive director Thomas Mielke believes that palm oil prices have reached the floor and are set to recover in the month...
Planning for Resource Sustainability
NATURAL RESOURCE HUSBANDRY: Gaps in the country’s database on natural resource need to be updated for long term strategic planning for maintenance and sustenance of our environment IT may be superfluous and late to comment on the water supply condition in some parts of the country....
CPO Futures Rebound
KUALA LUMPUR: Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives rebounded yesterday after palm oil prices plummeted to a two-month low yesterday triggered by a rally in the ringgit. April 2014 ended RM31 higher at RM2,650 a tonne, May 2014 finished RM38 better at RM2,631 a tonne, J...
CPO Futures Rebound
KUALA LUMPUR: Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives rebounded yesterday after palm oil prices plummeted to a two-month low yesterday triggered by a rally in the ringgit. April 2014 ended RM31 higher at RM2,650 a tonne, May 2014 finished RM38 better at RM2,631 a tonne, J...
