News
CPO Futures Dip on Technical Correction
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower prompted by a technical correction and subdued demand, dealers said. March fell RM23 to RM3,225 per tonne, April lost RM32 to RM3,245 per tonne, May slipped RM25 to RM3,270 and June eased RM33 to RM3,2...
CPO Futures Close Slightly Steadier
KUALA LUMPUR: The crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed slightly higher yesterday, on the back of the upward performance of soya oil on the Chicago Board of Trade, dealers said. March fell RM7 to RM3,248 per tonne and April gained RM13 to RM3,277 per tonne with ...
CPO Futures Closed Sharply Higher
KUALA LUMPUR: Crude palm oil (CPO) futures contracts closed sharply higher yesterday, boosted by favourable export data released by cargo surveyors. A dealer said the data showed an export trend that reflected improved demand prospects, which is positive for CPO prices. Cargo surveyor Societe Genera...
Palm Futures Likely to Consolidate
Crude palm oil (CPO) futures on Bursa Malaysia Derivatives will likely consolidate and hover between RM3,230 and RM3,300 per tonne next week with global growth concerns expected to influence market sentiment, dealers said. Oil prices which had been gaining for the fifth straight week, and demand fro...
CPO Futures Closed Higher on Improved Interest
KUALA LUMPUR: Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher yesterday on the back of improved buying interest, dealers said. A dealer said the market was choppy with less trading throughout the day. “Last-minute buying supported the performance today. Howeve...
Palm Futures Down on Profit-Taking
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower yesterday on profit-taking after the sharp increase, dealers said. March 2012 fell RM18 to RM3,216 per tonne, April 2012 declined RM19 to RM3,241 per tonne, May 2012 was down RM18 to RM3,253 per tonne ...
