News
Palm Futures Hits One-week High
KUALA LUMPUR: Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher yesterday on better export demand, a dealer said. He said the palm oil futures rose to a one-week high, although gains were curbed after Cyprus’ rejection of a proposed bailout plan led to worries of a ...
National Palm Oil Standard Soon
Long-awaited MSPO likely to be launched before year-end For RSPO certification, a palm oil producer would have to fork out about RM100 for the production of one tonne of CSPO PUTRAJAYA: The Government is expected to put in place the long-awaited Malaysian Sustainable Palm Oil (MSPO) standard before ...
CPO Futures Up on Bargain-Hunting
KUALA LUMPUR: The crude palm oil futures on Bursa Malaysia Derivatives rebounded to close higher yesterday due to bargain hunting activities. The strengthening of the local CPO prices was influenced by higher soyabean and soyabean oil prices, following supply concerns from South America, ...
B10, a Move to Up Local Palm Oil Usage
KLUANG: The government’s move to introduce 10 per cent blended palm oil or B10 in petroleum diesel is part of initiatives to increase palm oil usage in the domestic market, Malaysian Palm Oil Board (MPOB) chairman Tan Sri Shahrir Abdul Samad said today. Currently, the country only used f...
B10, a Move to Up Local Palm Oil Usage
KLUANG: The government’s move to introduce 10 per cent blended palm oil or B10 in petroleum diesel is part of initiatives to increase palm oil usage in the domestic market, Malaysian Palm Oil Board (MPOB) chairman Tan Sri Shahrir Abdul Samad said today. Currently, the country only used f...
Crude Palm Oil Futures Extend Gains on Global Cues
NEW DELHI: Crude palm oil futures prices extended gains by Rs 1.40 to Rs 453 per 10 kg today, as speculators created fresh positions amid increased demand in the spot markets. A firming trend in the global markets also influenced crude palm oil prices at futures trade. On the&n...
