News
CPO Futures Down on Slow Demand
KUALA LUMPUR: Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed lower yesterday in thin trading due to slow demand. Phillip Futures Sdn Bhd derivative product specialist David Ng said the market saw profit-booking at a higher level amid the slow buying interest from India, ...
CPO Price Rally to Cool Following 1Q14
KUCHING: While crude palm oil (CPO) prices are expected to be buoyant going into 2014, the price rally is likely to cool following the first quarter of 2014 (1Q14) as the oilseed industry is expected to be well supplied. According to Alliance Research Sdn Bhd (Alliance Research), regarding CPO price...
CPO Futures Down as Traders Stay on Sidelines
KUALA LUMPUR: Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed marginally lower yesterday in thin trading as players stayed on the sidelines ahead of year-end holidays, a dealer said. Phillip Futures Sdn Bhd derivative product specialist, David Ng, said the market saw a po...
Palm Futures Up on Lower Output
KUALA LUMPUR: Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended higher yesterday due to lower ringgit against US dollar and the fall in domestic output due to heavy rain, a dealer said. Phillip Futures Sdn Bhd Investment Analyst, David Ng, said the release of lower expo...
Palm Futures Up on Lower Output
KUALA LUMPUR: Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended higher yesterday due to lower ringgit against US dollar and the fall in domestic output due to heavy rain, a dealer said. Phillip Futures Sdn Bhd Investment Analyst, David Ng, said the release of lower expo...
Palm futures up on output boost
Crude palm oil futures contract on Bursa Malaysia Derivatives closed higher yesterday on expectation of lower output in December. Phillip Futures Sdn Bhd Derivative Product Specialist David Ng said the ringgit, which was at a three-month low, also supported prices. He said the workers’ strike ...
