News
Palm Futures Takes Cue from Soya Oil
KUALA LUMPUR: Crude palm oil (CPO) futures contracts ended firmer yesterday for the second consecutive day, taking the cue from the strong performance of soyabean oil prices on the Chicago Board of Trade. February 2014 rose by RM25 higher to RM2,565 a tonne, March 2014 increased RM21 to RM2,563...
CPO Futures Rebound at Close
KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives rebounded yesterday taking the cue from the firmer soyabean oil prices on the Chicago Board of Trade. February 2014 rose RM19 to RM2,540 a tonne; March 2014, May 2014 and June 2014 increased by RM15 to RM2,542, RM2,...
CPO Futures Snaps 2 Days of Gains
KUALA LUMPUR: Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed lower yesterday, ending two days of gains in light of a weakness in exports. Phillip Futures investment analyst David Ng said the lower export numbers has fuelled concerns over stock levels. February...
Disguised Trade Barriers Harm Palm Oil Exports
UNREALISTIC PLEDGE: Environmental activists’ intention to do good is matched by their discretion to mislead. Stakeholders of the palm oil industry tell Ooi Tee Ching how the smear campaign by these activists is very much a trade wolf in ‘green’ sheep clothing MALAYSIAN Palm Oil Ass...
Gradual Growth Seen for Malaysia’s Palm Oil Industry
KUALA LUMPUR: While Malaysian palm oil continues to enjoy encouraging demand in traditional markets, growth this year is expected to be gradual as it would depend on the purchasing power of consuming countries, their gross domestic product (GDP) growth, population increase and new markets. “Demand i...
Palm Futures Ends on High Note
KUALA LUMPUR: Crude palm oil futures contracts closed the week’s trading on a high note ahead of the long weekend and amid a weakening ringgit, dealers said. The dealers added that volume was low with the market having closed at mid-day. February 2014 was last quoted flat at RM2,535 a tonne, M...
