News
Palm Oil Advances First Time in Three Days
Palm oil gained for the first time in three days, paring a weekly loss, on speculation that demand may increase for the vegetable oil as a biofuel feedstock. The contract for August delivery climbed as much as 0.8 per cent to RM2,444 a metric tonne on the Bursa Malaysia Derivatives and traded ...
CPO Futures Fall on China Outlook
KUALA LUMPUR: Crude palm oil futures contracts closed lower yesterday as the World Bank cut the economic growth outlook of China, the world largest edible oil consumer, to 7.7 per cent from 8.4 per cent previously. Both June and July 2013 each slipped RM31 to RM2,389 and RM2,418 a tonne respect...
CPO Ended Slightly Lower
KUALA LUMPUR: Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended slightly lower on profit-taking in light of the recent rally, a dealer said. Philip Futures Sdn Bhd Derivative Product Specialist David Ng said traders remained cautious on export estimates. July decreased ...
Sabah Wildlife Department Extends Collaboration with Cardiff University
KINABATANGAN: The Sabah Wildlife Department (SWD) is continuing its collaboration with Cardiff University for another ten years with the signing of an extension of their Memorandum of Understanding (MoU) for the management of Danau Girang Field Centre (DGFC), located in Lot 6 of the Lower Kinabatang...
CPO Closed Marginally Higher
KUALA LUMPUR: Crude palm oil futures contracts on Bursa Malaysia Derivatives closed marginally higher as traders booked profits amid recent gains. MIDF Equity Beat maintained “positive” call on the plantation sector with CPO price assumptions of RM2,650 a tonne and RM2,850 a tonne f...
Crude Palm Oil Futures Remain Up on Firm Spot Demand
NEW DELHI: Crude palm oil prices rose by Rs 5.80 to Rs 505.50 per 10 kg in futures trade on Tuesday as speculators created fresh positions driven by pick-up in spot market demand. Palm oil imports by India, the world’s largest buyer, probably jumped to the highest...
