News
CPO to See Light Trading this Week
KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives are likely to see light trading this week as traders adopt a wait-and-see attitude, dealers said. Interband Group Senior Palm Oil Trader Jim Teh said the CPO prices were expected to hover between RM2,300 and RM2,400...
Palm Oil Slips as Slowing Exports Weigh
SINGAPORE: Malaysian palm oil futures fell on Monday on weaker exports, although losses were limited as a last-ditch deal to bailout Cyprus supported investor appetite for riskier assets. Cyprus clinched a deal with international lenders for a 10 billion euro bailout, sending global markets includin...
Worst Over for Plantation Cycle, CPO Price Seen Hitting RM2,900
Tan Sri Lee Shin Cheng: “I believe the CPO prices would be going up. So far, I have not been wrong before. Let us see this year.” PUTRAJAYA: IOI Corp Bhd executive chairman Tan Sri Lee Shin Cheng is positive on crude palm oil (CPO) prices and believes that the worst of the...
Palm Futures Up on Higher Exports
KUALA LUMPUR: Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher yesterday on expectation of better-that-expected exports figures for March, a dealer said. April rose RM24 to RM2,460 a tonne, May added RM36 to RM2,485 a tonne, June was RM37 higher at RM2,493 a ton...
Highlighting the Values of Palm Oil
The Power Lunch with Lee in Putrajaya. MPOC chairman avers that palm oil is healthy and its plantations sustainable. DRIVING to the Putrajaya Marriott Hotel was somewhat of a task for me, considering my absolute lack of navigational skills. However, it was a pleasant surprise to pull up to what appe...
Oil Palm Most Suitable Crop for Peat Areas — Association
KUCHING: Oil palm cultivation in Sarawak currently accounts for over 1.2 million hectares of arable land and has proven to be both productive as well as optimising use of designated agriculture areas. All plantations and estates in Sarawak are licenced by MPOB (Malaysian Palm Oil Board) to operate o...
