News
Cautious Trading Ahead for CPO Futures
Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives are expected to be uncertain next week on cautious trading with prices expected to be in the current range, dealers said. A dealer said the outcome of the United States Department of Agriculture’s quarterly inventory report and ...
CPO Futures End Easier as Traders Book Profits
KUALA LUMPUR: Crude palm oil futures (CPO) contracts closed easier yesterday on profit-taking despite bullish external outlook, dealers said. A dealer said the traders booked profits after a bullish performance yesterday hitting the one-year high. However, losses were capped by China’s strong food d...
CPO Futures Rise on Strong Buying Interest
KUALA LUMPUR: Crude palm oil futures (CPO) closed higher yesterday on continuous buying interest, after hitting a one-year high of RM3,497 a tonne, dealers said. The benchmark June palm oil futures closed at RM3,481 a tonne after reaching a high of RM3,497, a level unseen since March last year. A de...
CPO Futures Rise on Strong Buying Interest
KUALA LUMPUR: Crude palm oil futures (CPO) closed higher yesterday on continuous buying interest, after hitting a one-year high of RM3,497 a tonne, dealers said. The benchmark June palm oil futures closed at RM3,481 a tonne after reaching a high of RM3,497, a level unseen since March last year. A de...
Palm Futures Up on Bullish Leads
KUALA LUMPUR: Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed firmer yesterday, supported by external market factors and strong export data, dealers said. For the first 25 days of March, cargo surveyor Societe Generale de Surveillance reported exports of Malaysian palm oi...
CPO Futures May Retreat on Profit-Taking
The crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives, which closed on a high note this week, may see a retreat next week, dealers said. A dealer said the Malaysian market is expected to see some profit-taking after a recent high. “We expect the CPO futures support prices to...
