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CPO Futures Lower Despite Export Data
KUALA LUMPUR: Crude palm oil futures prices on Bursa Malaysia Derivatives closed lower yesterday despite better export data, dealers said. According to several research houses, Malaysia’s palm oil inventory stood at 1.67 million tonnes for August 2013, four per cent lower than market expectati...
Palm Futures Mostly Lower
KUALA LUMPUR: Crude palm oil futures prices closed mostly lower yesterday despite better shipment data released by two independent cargo surveyors, a dealer said. According to Intertek Testing Services, exports of local palm oil products between September 1 to 25, rose 6.5 per cent to 1,238,312...
CPO Futures Falls on Surplus Fears
KUALA LUMPUR: Crude palm oil futures prices closed lower yesterday due to mounting concerns over rising supplies in the coming months. “However, a weaker ringgit to the dollar and a rebound in the Chicago Board of Trade (CBOT) soya futures helped limit losses,” said Phillip Futures ...
CPO Futures Up on Buying Interest
KUALA LUMPUR: Crude palm oil futures prices closed higher yesterday on renewed buying interest, dealers said. Phillip Futures derivative product specialist David Ng said the weaker ringgit against the US dollar and good exports for the month supported prices. However, rising output in pro...
European journalists learn how oil palm plantations are run
TELUK INTAN: Journalists from France and Belgium visited the United Plantations’ Jenderata Estate here to learn how Malaysian oil palm plantations are run. They arrived in Kuala Lumpur yesterday on a five-day educational programme, organised by the Malaysian Palm Oil Council (MPOC) to give writers f...
Palm Futures Falls on Rising Output
KUALA LUMPUR: Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower yesterday, owing to rising output in Southeast Asia, weighing on prices. However, gains in regional equity markets and crude oil prices were seen capping the fall, said Phillip Futures Sdn Bhd derivative produ...
