News
CPO Futures Down on Weak Exports
KUALA LUMPUR: Crude palm oil futures contract closed lower yesterday, on concerns over November’s weak exports, a dealer said. Phillip Futures, derivative product specialist David Ng said the lower offtake capped gains in the otherwise firm market as output was likely to decline in ...
CPO Futures Down on Weak Exports
KUALA LUMPUR: Crude palm oil futures contract closed lower yesterday, on concerns over November’s weak exports, a dealer said. Phillip Futures, derivative product specialist David Ng said the lower offtake capped gains in the otherwise firm market as output was likely to decline in ...
Palm Futures Slips on Strong Ringgit
KUALA LUMPUR: The crude palm oil futures contract on Bursa Malaysia Derivatives closed lower yesterday following the stronger ringgit to the dollar, a dealer said. December 2013 slid RM15 to RM2,614 a tonne, January 2014 and March 2014 each lost RM26 to RM2,632 a tonne and RM2,647 a tonne, respectiv...
Crude Palm Oil Weekly Report 8 December 2013
Oriental Pacific Futures Malaysian palm oil futures (FCPO) ended higher on Friday as growers’ estimated production in Malaysia would fall steeply due to floods which potentially disrupt harvesting. For the week, palm oil ended 0.6 per cent higher. The new benchmark FCPO December contract settled at ...
Palm Futures Lower on Supply Glut
KUALA LUMPUR: Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower yesterday due to market expectation that CPO inventories would likely rise to its highest level in November, a dealer said. Meanwhile, spot month December 2013 lost RM4 to RM2,602 a tonne, January 2014 d...
Palm futures rise lifted by weak ringgit
KUALA LUMPUR: Crude palm oil futures contract on Bursa Malaysia Derivatives closed higher prompted by the weak ringgit, a dealer said. Phillip Futures derivatives dealer David Ng said heavy rains may disrupt harvesting and complicate logistics, hence lowering production. Spot month Decemb...
