News
Palm Oil as a Model for Sustainable Growth
Finding equilibrium between business and environmental preservation has presented a challenge, but through great initiative Malaysia’s palm oil industry is achieving the balance Dr. Yusof Basiron, CEO of MPOC The Malaysian Palm Oil Council (MPOC) leads a host of initiatives to ensure a sustai...
Palm Futures Dip as Dealers Take Profits
KUALA LUMPUR: Crude palm oil futures on Bursa Malaysia Derivatives closed lower yesterday on extended profit-taking activities, dealers said. They said buyers were reluctant to hold major positions on expectations of a weaker global economy as India and China might record softer growth this year. “A...
Clearing the Air
Our forceful defence of Malaysian palm oil is starting to bear fruit. I RECENTLY completed a mission to the United States. While there, I learned of new allies who have contributed to the defence of palm oil and who wish our nation and our people well. But I also learned that many American officials...
CPO Futures End Easier on Profit-Taking
KUALA LUMPUR: The crude palm oil futures on Bursa Malaysia Derivatives ended easier yesterday on profit-taking, dealers said. “Traders booked profits after a bullish performance recently,” said a dealer. The market closed on Wednesday in conjunction with the installation of Tuanku Abdul Halim Mu’aza...
Palm Futures Rises on Bullish Trading
KUALA LUMPUR: The crude palm oil futures contract ended higher yesterday due to an increase in export demand for the local product and tight supply of soyabean oil, dealers said. The dealers also said the higher close was further prompted by the bullish data released yesterday by cargo surveyor Soci...
