News
CPO Futures Down on Lower Demand
KUALA LUMPUR: Crude palm oil futures contracts on Bursa Malaysia Derivatives closed lower yesterday on lack of demand against a backdrop of high stocks, dealers said. Interband Group Senior Palm Oil Trader Jim Teh said most investors remained cautious ahead of the Palm Oil Conference to be held...
CPO Futures Continue Downtrend
KUALA LUMPUR: Crude palm oil futures continued its downtrend to close lower yesterday, on concerns of a slowdown in demand, a trader said. Interband Group Senior Palm Oil Trader Jim Teh said local exports slipped as top buyers – India and China – switched to domestic oilseed supplie...
CPO Futures Dip on Tracks of Soya Oil Decline
KUALA LUMPUR: Crude palm oil futures contracts closed lower yesterday despite better exports for palm oil products. A dealer said the fall in CPO prices was in line with the downtrend of other vegetable oils markets due to improved prospects for South American soya bean supply. March 2013...
Weekly Crude Palm Oil Report February 24 2013
Crude palm oil futures (FCPO) on Bursa Malaysia Derivatives ended the week higher due to lesser than expected rains coverage in Argentina over the last weekend and the anticipation of better palm oil demand in the coming weeks. The benchmark FCPO May contract rose RM51 or 2.05 per cent to settle at...
Nutritionally Balanced and Contains No Cholesterol
UK-BASED food technology expert Kurt G. Berger said over the course of his research of more than 50 years, many people are unduly suspicious of palm oil, an ingredient many are still unfamiliar with. He tells Business Times in an interview that once the functional and economic advantages of this ...
CPO Futures Dip in Tandem with Weaker Vege Oils
KUALA LUMPUR: The crude palm oil futures contract closed lower yesterday in tandem with weaker vegetable oil prices, a dealer said. March 2013 fell RM27 to RM2,481 a tonne, April 2013 lost RM28 to RM2,510 a tonne, May 2013 slipped RM25 to RM2,536 a tonne and June 2013 was RM28 lower at RM2,553....
