News
Palm Oil Inventories Seen Dropping
Palm oil stockpiles in Malaysia, the world’s second-biggest supplier, probably declined for the first time in four months as production tumbled the most since February, a Bloomberg survey showed. Inventories fell three per cent to 1.92 million metric tonnes in December from a month earlier, accordin...
Boon Time for Palm Oil Firms
REVISED RATE: Better earnings expected as CPO discount to refiners narrows to RM40 per tonne PLANTATION companies will see better earnings ahead as the crude palm oil (CPO) price discount in Sabah narrows to RM40 per tonne from RM60. Effective this year, the discount given to Sabah refiners by ...
CPO Futures Extend Losses
KUALA LUMPUR: Crude palm oil (CPO) futures contracts closed lower yesterday, extending their losses from Friday last week on uncertain market sentiment, a dealer said. January 2014 and February 2014 fell RM40 each to RM2,566 and RM2,590 a tonne, respectively. March 2014 slipped RM36 to RM2,604,...
CPO Futures Extend Losses
KUALA LUMPUR: Crude palm oil (CPO) futures contracts closed lower yesterday, extending their losses from Friday last week on uncertain market sentiment, a dealer said. January 2014 and February 2014 fell RM40 each to RM2,566 and RM2,590 a tonne, respectively. March 2014 slipped RM36 to RM2,604,...
Palm Oil Fights Cancer
PALM oil helps in the fight against cancer. Cancer is a much-feared disease that claims many lives every year. It is the fifth leading cause of death worldwide. It could strike anyone, regardless of age, gender, geographical location or background. For many of us, the big “C” has a death...
CPO Futures Down on Profit-taking
KUALA LUMPUR: Crude palm oil futures contract ended lower on profit-taking on the first trading day of the year, a dealer said. The benchmark March contract opened at RM2,669, its highest in three weeks, but turned easier thereafter. Phillip Futures Sdn Bhd Derivative Product Specialist David N...
