News
Palm Futures Up on Export Optimism
KUALA LUMPUR: Crude palm oil futures contracts on Bursa Malaysia Derivatives ended higher yesterday on signs of strong export performance. March 2014 rose RM57 to RM2,765 a tonne, April 2014 added RM54 to RM2,770 a tonne and May 2014 gained RM47 to RM2,755 a tonne. June 2014 increased RM43 to R...
Palm Futures Down After Rally Ends
KUALA LUMPUR: Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended lower yesterday amid profit-taking activities after the recent rally, but may still remain in the positive zone due to stronger export demand. March 2014 eased RM2 to RM2,708 a tonne, April 2014 shed RM2 to...
Sabah Wildlife Rangers Stop Rampaging Herd of 30 Pygmy Elephants
KOTA KINABALU: Wildlife rangers have quelled the threat from a rampaging herd of 30 pygmy elephants that were terrorising a village in Sabah’s central region of Telupid over the last three days. Rangers from the Wildlife Rescue Unit tranquillised two female members of the herd, prior to transl...
CPO Futures Hits 17-month High
KUALA LUMPUR: Crude palm oil futures contracts rallied to 17-month high yesterday amid quickening pace and aggressiveness of Indonesia’s biodiesel uptake by PT Pertamina. Indonesia’s PT Pertamina, managed to secure 45 per cent of 2.4 million kilolitres that are originally tendered.&...
S’wak Firms Want Probe into Wilmar for Anti-Competitive Behaviour
KUCHING: Sarawak planters, reeling from Wilmar International Ltd’s decision to stop buying from them, are crying foul, contending that the decision by the latter breaches anti-competition laws. The Sarawak Oil Palm Planter Owners’ Association (SOPPOA) has urged the Federal and Sarawak state gov...
Palm Futures Prices Close Higher
KUALA LUMPUR: Crude palm oil futures contracts on Bursa Malaysia Derivatives closed higher amid expectation of lower global inventories as a result of higher biodiesel domestic consumption in Indonesia. March 2014 rose RM22 to RM2,683 a tonne and May 2014 added RM19 to RM2,682 a tonne. Ap...
