News
Palm Futures Rise on Bullish Sentiment
KUALA LUMPUR: The crude palm oil futures market on Bursa Malaysia Derivatives continued to record gains yesterday, boosted by bullish external market sentiment, dealers said. Firmer commodity markets and positive news on the Greek debt problem, lifted investors’ sentiment. Both spot month June...
Palm Futures Close Firmer on Strong Buying
KUALA LUMPUR: Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed firmer yesterday, lifted by strong buying interest. Dealers said the market saw see-saw trading but managed to end firmer, supported by better export data for May 1-25 despite downtrends in other commodities ma...
Weekly Crude Palm Oil Report May 27 2012
Crude palm oil futures (FCPO) on Bursa Malaysia Derivatives ended the week higher boosted by the robust exports demand and the temporary ease of the eurozone debt crisis issue. The benchmark FCPO August contract rose RM34 or 1.1 per cent to close at RM3,130 per tonne on Friday from RM3,096 per tonne...
Palm Futures up on Short-covering
KUALA LUMPUR: Crude palm oil futures on Bursa Malaysia Derivatives closed higher yesterday due to short-covering, backed by positive external sentiments, dealers said. They said the higher CPO prices were influenced by higher soyaoil prices and gains in the global market weighing on the sentiments. ...
CPO Futures up on Healthy Demand
KUALA LUMPUR: Crude palm oil futures on Bursa Malaysia Derivatives closed higher yesterday on the back of healthy demand. A dealer said CPO futures managed to escape from the sell-off on the broader commodities market due to renewed concern over the eurozone debt crisis. June 2012, August 2012 and S...
CPO Futures Move up Slightly in Quiet Trading
KUALA LUMPUR: The crude palm oil futures on Bursa Malaysia Derivatives closed slightly higher for the second consecutive day yesterday amid quiet trading, a dealer said. The market was quiet as players stayed on the sidelines due to renewed worries over the eurozone debt crisis, a dealer said. June ...
