News
CPO futures lower on weak data
KUALA LUMPUR: Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower against the backdrop of weak export data. February 2014 eased RM37 to RM2,545 a tonne, March 2014 depreciated RM33 to RM2,550, April fell RM35 to RM2,556, May 2014 decreased RM38 to RM2,555, June 2014...
Palm Oil Tumbles Most in Three Weeks as Malaysian Exports Drop
Palm oil fell the most in almost three weeks after data showed that exports from Malaysia, the world’s second-largest producer, were poised for a third monthly decline as global supplies of cooking oils expand. The contract for April delivery retreated 1.4 percent to 2,556 ringgit ($764) a...
CPO Futures end Higher
KUALA LUMPUR: Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed higher yesterday with a firm bias due to the weakening of the ringgit against the US dollar. Both February 2014 and March 2014 was RM29 higher at RM2,586 and RM2,594 a tonne, respectively, April 2014, May ...
Palm Oil Council CEO on Cream of the Croppers
Tan Sri Yusof Basiron of the Malaysian Palm Oil Council has achieved much for the industry. – RAJA FAISAL HISHAN/The Star Malaysian Palm Oil Council (MPOC) CEO Tan Sri Yusof Basiron reminisces about the early days of the oil palm industry and its growth in our country. Malaysian Palm Oil Council (MP...
Palm Futures Down After Recent Gains
KUALA LUMPUR: Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives finished lower yesterday after recent gains. Phillip Futures Sdn Bhd Investment analyst David Ng said, however, the weaker ringgit against the US dollar had boosted some buying interest. “The fundamental cu...
Malaysian Palm Oil Ends at 2-week High on Stronger US Soyoil
KUALA LUMPUR: Malaysian palm oil futures ended higher on Tuesday, as stronger soy markets helped palm recover from early losses, although gains were still capped by worries of lacklustre demand for the tropical oil. The US soyoil contract for March rose 1.5% in late Asian trade, lifting...
