News
Bullish Bets on Palm Oil
OIL palm planters are smiling again this year as price forecast gurus at the Palm and Lauric Oils Outlook Conference (POC) 2012 placed bullish bets on crude palm oil (CPO) prices. Hamburg-based ISTA Mielke GmbH executive director Thomas Mielke highlighted that for the first time in history, drought ...
Last-Minute Buying Lifts CPO Futures
KUALA LUMPUR: Crude palm oil futures (CPO) prices on Bursa Malaysia Derivatives closed higher yesterday, boosted by positive conclusions on the industry by prominent speakers at the three-day Bursa Malaysia Palm Oil Conference which started here on Monday. “The prices of the futures contracts ...
The Green in Palm
In this first instalment of a series of monthly articles, we question the rationale of double-counting green house gas emissions by the US Environmental Protection Agency. MALAYSIA made a policy commitment at the Rio Earth Summit in 1992 to keep a minimum of 50% of the country’s land area under perm...
CPO Futures End Slightly Lower
KUALA LUMPUR: Crude palm oil futures closed slightly lower yesterday despite positive talk on its outlook at the Bursa Malaysia Palm Oil Conference recently. A dealer said bullish views at the conference failed to lift market sentiment. Another dealer said the fall in contract prices could be due to...
CPO Futures Dip on Profit-Taking Activities
KUALA LUMPUR: Crude palm oil futures closed lower yesterday on profit-taking, a dealer said. She said traders were away for the Bursa Malaysia Palm Oil Conference which started yesterday. “The lower prices was due to profit taking. Traders got out of their position before coming here for the c...
CPO Futures Lower on Profit-Taking
KUALA LUMPUR: Crude palm oil futures closed slightly lower yesterday on profit taking, a dealer said. He said investors were reluctant to hold positions ahead of the weekend and the Bursa Malaysia Palm Oil Conference to be held here next week. March 2012 fell RM20 to RM3,235 a tonne, April 2012 shed...
