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Powering The World
The palm oil sector can produce more energy than what most countries need. WHEN we talk about sustainable energy, we think about fire, wind, water and sunlight which usually translate into biomass combustion, wind turbines, dams and solar farms. The idea of having oil palm biomass joining the race f...
Palm Futures Dip on Late Heavy Selling
KUALA LUMPUR: Crude palm oil (CPO) futures closed lower yesterday amid a range-bound trade and heavy selling 15 minutes before the market closed, a dealer said. “The local market was weighed down by the weaker external market brought on by the eurozone debt crisis,” she added. May 2012 w...
Palm Futures Close Slightly Higher
KUALA LUMPUR: Crude palm oil futures ended slightly higher yesterday as tight soyabean supplies from Argentina trumped concerns triggered by a Spanish debt downgrade, with traders awaiting export data on Monday for more clues on price movements. “The market was a bit quiet ahead of the weekend...
CPO Futures End Slightly Lower
KUALA LUMPUR: Crude palm oil futures on Bursa Malaysia Derivatives closed slightly lower yesterday on a lack of trading interest, dealers said. Global economic uncertainty and expectations of better crop production weighed on market sentiment. “But, recovering exports and a smaller soyabean cr...
Strong Buying Interest for CPO
KUALA LUMPUR: Crude palm oil futures contract prices on Bursa Malaysia Derivatives closed firmer yesterday, boosted by strong buying interest, a dealer said. She noted the bullish export data for April 1-25 released yesterday by Cargo surveyors Intertek Testing Services and Societe Generale de Surve...
Palm Futures Dip on Lack of Demand
KUALA LUMPUR: Crude palm oil futures prices on Bursa Malaysia Derivatives extended their losses yesterday due to lack of demand for the commodity, a dealer said. She said market players stayed on the sidelines as they were concerned over the bearish global economic environment. May 2012 contract fel...
