News
Supply Worry Boosts CPO Futures
KUALA LUMPUR: Crude palm oil futures on Bursa Malaysia Derivatives closed higher yesterday as traders were cautious over the bad weather in the United States which may disrupt soyabean supply. September 2012 added RM2 to RM3,032 a tonne, October 2012 rose RM17 to RM3,068, November 2012 increased RM2...
The Future is in Our Palm
THE STAR recently held its first roundtable talk on palm oil with four prominent captains of the industry Malaysian Palm Oil Council (MPOC) chief executive officer Tan Sri Dr Yusof Basiron, IOI Group executive director Datuk Lee Yeow Chor, Felda Global Ventures Holdings Bhd group president/CEO Datuk...
CPO Prices Expected to Strengthen This Week
KUALA LUMPUR: Crude palm oil (CPO) futures prices are expected to strengthen further this week amid fears over the soybean oil supply, dealers said. A dealer said the drought in the United States has affected the soybean oil supply, spurring fears over the commodity’s availability and prices. ...
CPO Edged higher
KUALA LUMPUR: Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives edged higher yesterday supported by rising export demand amid lower global oilseeds supply, dealers said. Spot month September advanced RM13 to RM3,030 a tonne, October and December rose RM10 each to RM3,051 a to...
CPO Closed Higher
KUALA LUMPUR: Crude palm oil (CPO) futures contracts prices on Bursa Malaysia Derivatives closed higher as traders turn cautious over the soyabean oil futures amid bad weather in the US, dealers said. Meanwhile, spot month September 2012 surged RM82 to RM3,017 a tonne, October 2012 jumped RM59 ...
Crude Palm Oil Futures Prices Closed Higher
KUALA LUMPUR: Crude palm oil futures prices closed higher yesterday, tracking gains in the soyabean oil market, dealers said. “The market is playing a catch-up game here after soya bean oil gained so much,” a dealer said. Meanwhile, spot month September 2012 rose RM37 to RM2,935 a t...
