News
CPO Futures Slips on Bearish Data
KUALA LUMPUR: Crude palm oil futures on Bursa Malaysia Derivatives closed easier yesterday, influenced by the Malaysian July export data and on lingering worries over the US Midwest drought. Cargo surveyor Societe Generale de Surveillance said Malaysian palm oil products export for July fell 18.5 pe...
CPO Futures Up on Bullish Trading
KUALA LUMPUR: Crude palm oil futures on Bursa Malaysia Derivatives ended higher yesterday, lifted by stimulus hopes in the US and the European Central Bank’s policy meeting this week, dealers said. The market players were also awaiting the July palm oil export data following weak data for July...
Creative With Palm Oil
Chef Shahril Omar of Hilton Kuala Lumpur’s Sudu Restaurant illustrates the versatility of palm oil through his culinary creations, writes Karen Ho Chef Shahril shows off his culinary creations PALM oil has been used as food and medicine for thousands of years. Even the ancient Egyptians regarded it ...
Prices Stage Recovery
KUALA LUMPUR: Crude palm oil futures on Bursa Malaysia Derivatives closed higher yesterday recovering from Thursday’s downtrend, on comments by the ECB president Mario Draghi that the bank will prevent a collapse of the eurozone, dealers said. However, market players are expecting the positive...
CPO Futures Rise Hit by Bearish Report
KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives closed easier yesterday prompted by a bearish market report which pushed investors away, dealers said. Alliance Research said the recent fall in CPO prices was due to the weaker month-on-month export data released by car...
Mistry: Palm Oil in for Another Retreat in Prices
He forecasts weakening demand outweighing a decline in Malaysian production KUALA LUMPUR: Dorab Mistry compared the palm-oil market in 1998 to the Titanic and correctly predicted a slump from then-record prices the next year. He’s now forecasting another retreat as weakening demand outweighs a...
