News
Palm Futures Down in Choppy Trade
KUALA LUMPUR: Crude palm oil futures prices on Bursa Malaysia Derivatives ended easier yesterday amid a volatile market. Jim Teh, senior palm oil trader, Interband Group of Companies said most of the foreign fund managers pulled out from the market, making trade less attractive. July 2012 lost RM19 ...
CPO Futures Up on Strong Buying Interest
KUALA LUMPUR: Crude palm oil futures closed higher yesterday, backed by strong buying interest and gains in commodities, dealers said. “Expectations of tight global vegetable oil stocks and strengthening demand during the Ramadan fasting month in Asia, are keeping prices supported,” a de...
CPO Futures end Mixed on Lack of Leads
KUALA LUMPUR: Crude palm oil futures closed mixed yesterday on lack of fresh leads, a dealer said. Trading in CPO’s rival, soyabean oil, on the Chicago Board of Trade, was closed due to the Independence Day holiday yesterday. July 2012 added RM9 to RM3,107 a tonne, August 2012 declined RM1 to ...
Good News From Rio
World leaders at Rio+20 endorsed a statement on fighting poverty and upholding food security. THE recent multinational environmental summit held in Rio proved a remarkable victory for the developing world. There is now a greater degree of clarity when it comes to the global economic and social agend...
CPO Futures Rise on Higher Demand
KUALA LUMPUR: The crude palm oil futures on Bursa Malaysia Derivatives closed higher yesterday on lower soyabean crop, dealers said. They said lower production of soyabean oil would trigger an increase in demand for palm oil. “The market also saw rising demand for CPO ahead of Ramadhan,”...
Palm Futures Up on Healthy Demand
KUALA LUMPUR: The crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed higher on the back of healthy demand, dealers said. A dealer said market optimism after European leaders agreed on measures to tackle the region’s debt crisis, dry weather worries in US as well as inc...
