News
Malaysia to quit Roundtable on Sustainable Palm Oil grouping?
PETALING JAYA: The Malaysian Palm Oil Association (MPOA), which represents the private plantation companies, will decide at its council and exco meeting this Friday whether to quit the Roundtable on Sustainable Palm Oil (RSPO) grouping. At the same time, the RSPO, fed up with the MPOA stalling ...
Palm Futures Downtrend Continues
KUALA LUMPUR: Crude palm oil futures contracts on Bursa Malaysia Derivatives continued downtrend, weighed by a stronger ringgit and the softness in the Chicago soyabean market. March 2014 shed RM19 to RM2,750 a tonne, April 2014 fell RM9 to RM2,751 a tonne and May 2014 eased RM7 to RM2,734 a tonne. ...
Baby Elephants Adapting Well to Temporary Home in Sepilok
In safe hands: A Wildlife Rescue Unit personnel checking on Jimbo and Tun Tan. KOTA KINABALU: Two male elephant calves rescued from plantations in Sabah’s east coast on Feb 12 are adapting well to their temporary home at Sepilok in Sandakan district. Sabah Wildlife Department assistant directo...
VEGOILS-Palm slips on profit-taking, but strong crude, oilseed supply woes hold
KUALA LUMPUR, Feb 24 (Reuters) – Malaysian palm oil futures ended lower for the first time in four days on Monday, as investors took profits from a winning streak that had lifted benchmark prices above a 17-month high, while a stronger ringgit in late trade curbed some buying interest. But los...
Palm Futures Eases on Profit-taking
KUALA LUMPUR: Crude palm oil futures contracts on Bursa Malaysia Derivatives closed lower yesterday on profit-taking after last week’s strong rally. March 2014 shed RM7 to RM2,769 a tonne, April 2014 fell RM17 to RM2,760, and May 2014 eased RM14 to RM2,741. June 2014 lost RM15 to RM2,717 a ton...
Crude Palm Oil Weekly Report 23 February 2014
Malaysian palm oil futures rose 3.4 per cent for the week and a 17-month high after Friday’s closing which stretched gains into for the third straight week due to strong export data and concerns of dry weather which potentially squeeze supplies. The new benchmark futures crude palm oil (FCPO) May 20...
