News
Palm Futures Down Sharply
KUALA LUMPUR: Crude palm oil futures closed sharply lower yesterday on concerns of high level of CPO stocks, dealers said.
Palm Futures Lifted by Bullish Leads
KUALA LUMPUR: Crude palm oil futures closed higher yesterday on expectations that positive manufacturing data from China will fuel demand for vegetable oil, dealers said. Dealers said prices also tracked gains of other vegetable oils which gained in Asian trade due to growing demand from China....
CPO Futures Lower on Bearish Sentiment
KUALA LUMPUR: Crude palm oil futures closed lower yesterday on concerns of the global economy following Hurricane Sandy which caused havoc to major cities in the US, dealers said. Dealers said prices were also lower on Indonesia’s decision to cut its export tax for CPO from 13.5 per cent ...
Palm Futures Dip on Bearish Leads
KUALA LUMPUR: The crude palm oil futures closed lower following Indonesia’s decision to reduce its export tax for crude palm oil from 13.5 per cent to nine per cent. They said prices were also weighed down by declines in prices of other vegetable oils. November 2012 shed RM75 to RM2...
New Hawker Masters
THIS year’s ‘Battle of Penang Hawker Masters’ promises to be a sizzling hot affair, with the inclusion of four new categories in the search for the best hawker fare in town. Apart from two lip-smacking street food from last year’s event — char koay teow and hokkien mee — the new entries this time ar...
CPO Futures Down on Profit-taking Activities
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower yesterday on profit-taking after recent advances, dealers said. They said investors were concerned over the current high CPO stocks which may not ease due to prevailing weaknesses in the glo...
