News
Palm Oil to Trend Easier Next Week
Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives is expected to be easier next week on continued profit taking activities. Interband Group senior palm oil trader Jim Teh said the sharp gains recorded in recent weeks was an excuse for traders to take profits. “For n...
Palm Oil to Trend Easier Next Week
Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives is expected to be easier next week on continued profit taking activities. Interband Group senior palm oil trader Jim Teh said the sharp gains recorded in recent weeks was an excuse for traders to take profits. “For n...
Palm Futures Weaken
KUALA LUMPUR: Crude palm oil (CPO) futures ended lower yesterday despite bullish palm oil export data, dealers said. Cargo surveyor Societe Generale de Surveillance noted that the country’s palm oil products for June 1-June 20 rose 13.6 per cent to 916,768 tonnes from 807,232 previously.&...
Palm Futures Up in Active Trading
KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives closed higher yesterday in active trading. Cargo surveyor Intertek Testing Services and Societe Generale de Surveillance are due to release export estimate figures for the first 20 days of June. July 2013 gained RM1...
Palm Oil Comes off Three-month Highs
Malaysian palm oil futures slipped on Wednesday as investors took profits after prices hit three-month highs in the previous session, but a weak ringgit and strong exports in the first half of June limited losses. Prices on Tuesday rose to the highest since March 25 as demand for the tropical ...
Palm Oil Comes off Three-month Highs
Malaysian palm oil futures slipped on Wednesday as investors took profits after prices hit three-month highs in the previous session, but a weak ringgit and strong exports in the first half of June limited losses. Prices on Tuesday rose to the highest since March 25 as demand for the tropical ...
