News
Palm Futures Rallies Higher
KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives rallied higher buoyed by the weaker ringgit against the US dollar, dealers said. “Malaysia’s stocks remain lower, year-on-year, and if November’s output registers negative growth and stocks trend f...
CPO Futures Up on Buoyant Outlook
KUALA LUMPUR: Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher yesterday following encouraging output and stock data released by the Malaysian Palm Oil Board (MPOB). November 2013 rose RM23 to RM2,532, December 2013 added RM23 to RM2,530, January 2014 firmed RM2...
Creme de la creme of oil palm seeds
When it comes to planting oil palms, the old adage that ‘cheap things are no good and good things are not cheap’ holds true. Applied Agricultural Resources Sdn Bhd, a forerunner in oil palm breeding, tells OOI TEE CHING the effort and time that goes to producing high-quality seeds TO the uninitiated...
CPO Futures Rally Continues
KUALA LUMPUR: Crude palm oil (CPO) futures continued its rally to close at the highest level so far this year, lifted by persistent buying interest on output concerns. Phillip Futures Sdn Bhd Derivative Product Specialist David Ng said the expectation of lower production in October, coupled wit...
Palm Futures Rise Boosted by Demand
KUALA LUMPUR: Crude palm oil futures contracts on Bursa Malaysia Derivatives closed on a firm note again yesterday, boosted by better demand, a dealer said. Spot month November 2013 surged RM85 to RM2,585 a tonne, December 2013 climbed RM50 to RM2,557, January 2014 appreciated by RM49 to ...
Palm futures rise on strong demand
KUALA LUMPUR: Crude palm oil futures contract on Bursa Malaysia Derivatives closed broadly higher for the second consecutive day, lifted by strong demand. Phillip Futures Sdn Bhd derivative product specialist David Ng said the local market saw interest in anticipation of continuous demand from ...
