News
Palm futures lifted by export data
KUALA LUMPUR: The crude palm oil futures on Bursa Malaysia Derivatives ended slightly higher yesterday, lifted by export data, dealers said. “The market is a lot quieter these days as macro economic sentiment remains uncertain,” a dealer said, referring to the eurozone debt crisis. Spot ...
CPO Futures end Marginally Lower
KUALA LUMPUR: The crude palm oil futures on Bursa Malaysia Derivatives closed slightly lower yesterday, with investors remaining cautious over the global economic climate, a dealer said. He said players are awaiting the next exports data due Monday for fresh leads. June 2012 shed RM7 to RM3,104 a to...
Palm Futures Rise on Cautious Sentiment
KUALA LUMPUR: The crude palm oil futures on Bursa Malaysia Derivatives closed slightly higher yesterday, with investors remaining cautious over the global economic climate, a dealer said. He said the market rebounded with some short covering and was above the RM3,000 psychological support. June 2012...
CPO Futures Hit 3-month Low
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives hit a three-month low yesterday as investors remained concerned over the global economic climate, a dealer said. June 2012 shed RM134 to RM3,102 per tonne, July 2012 decreased RM133 to RM3,093 per tonne and August ...
Speculation Boosts Palm Futures
KUALA LUMPUR: The crude palm oil futures closed higher yesterday on playoff by speculators taking advantage of low commodity prices, a dealer said. Discouraging China and US economic data, political uncertainty in the eurozone and the US$2 billion trading loss at JPMorgan Chase had affected prices, ...
Palm Futures Down Sharply
KUALA LUMPUR: The crude palm oil futures on Bursa Malaysia Derivatives closed sharply lower yesterday on lack of buying interest, a dealer said. She said discouraging China and US data, as well as, political uncertainty in the Euro zone kept buyers away from the market. May 2012 lost RM101 to RM3,18...
