News
CPO Futures Up on Strong Buying Interest
KUALA LUMPUR: Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed higher yesterday, spurred by strong buying interest. February 2014 rose by RM45 higher to RM2,560 a tonne, March 2014 increased RM43 to RM2,568, April 2014 surged RM39 to RM2,579 and May 2014 advanced RM37...
Trade With Iran Will Improve Following Interim Nuclear Deal, Says Ambassador
TEHRAN, Jan 20 (Bernama) — Iran’s interim nuclear deal with six major powers, which came into force today, will cut sanctions and bring down the barriers to trade between the country and other countries, including Malaysia, says Malaysian Ambassador to Iran Mohamad Sadik Kethergany. R...
Iran-Malaysia Should Strengthen Palm Oil Trade By Exploring Middle East Markets
TEHRAN, Jan 20 (Bernama) — Iran and Malaysia should strengthen trade in palm oil by exploring Middle East markets and use Iran as a hub, says Plantation Industries and Commodities Minister Datuk Amar Douglas Uggah Embas. He said Iran imported 671,384 tonnes of Malaysian palm oil during January...
CPO Futures Up on Keen Buying Interest
KUALA LUMPUR: Crude palm oil futures contracts on Bursa Malaysia Derivatives finished higher yesterday due to the depreciation of the ringgit to the US dollar. Analyst David Ng said the fall of the ringgit prompted buying interest. February 2014 was RM45 higher at RM2,560 a tonne, March 2...
Crude Palm Oil Weekly Report 19 January 2014
Malaysian palm oil edged up on Thursday (the last trading day for the week) and settled at 0.91 per cent, while a seasonal drop in production is likely to cut excess supplies. However, gains were capped by weak demand. The new benchmark crude palm oil futures (FCPO) April contract settled at RM2,540...
Ministry of Plantation Industries and Commodities : Pakistan imports 1.44m tonnes palm oil and oil products from Malaysia
KARACHI: Pakistan is indeed a special trading partner for the Malaysian palm oil industry, said Datuk Amar Douglas Uggah Embas, the minister of Malaysian Plantation Industries and Commodities. In 2012, total imports of Malaysian palm oil and palm oil products by Pakistan was recorded at 1.44 m...
