News
Crude Palm Oil Futures Contract on Bursa Malaysia Derivatives Closed Lower
KUALA LUMPUR: Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower as Malaysia’s palm oil production is estimate to be higher than market expectations, a dealer said. Spot month December 2013 lost RM9 to RM2,613 a tonne, January 2014 decreased RM9 to RM2,621, F...
Crude Palm Oil Futures Contract on Bursa Malaysia Derivatives Closed Lower
KUALA LUMPUR: Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower as Malaysia’s palm oil production is estimate to be higher than market expectations, a dealer said. Spot month December 2013 lost RM9 to RM2,613 a tonne, January 2014 decreased RM9 to RM2,621, F...
Palm Oil Retreats for Third Day as Malaysian Output Seen Rising
Palm oil dropped for a third day on speculation that output in Malaysia, the world’s second-biggest producer, may climb for a ninth month and a decline in soybean oil prices may spur consumers to switch to the alternative oil. The contract for delivery in February lost as much as 0.9 percent to...
CPO Closed Lower Yesterday
KUALA LUMPUR:Crude palm oil futures contract on Bursa Malaysia Derivatives closed lower yesterday on expectations that output will increase this month against the backdrop of slower exports, a dealer said. Meanwhile, spot month December 2013 lost RM18 to RM2,622 a tonne while January 2014, February ...
Crude Palm Oil Weekly Report 24 November 2013
Technical Analysis for FCPO / FCPO Daily Chart Source: BursaStation Professional Malaysian palm oil futures ended higher by one per cent for the week although took a turn as investors booked profits from prices which soared more-than-one-year highs on Friday, while prospects of higher output from th...
CPO Futures Down on Profit-taking
KUALA LUMPUR: Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower yesterday after profit-taking activities trimmed earlier gains, a dealer said. He said, the demand outlook also remained firm, in the medium-term, aided by the weakening ringgit against the doll...
