News
CPO Futures End Higher in Heavy Trade
CRUDE palm oil futures prices on Bursa Malaysia Derivatives closed higher yesterday in a technical correction supported by strengthened external factors, a dealer said. “Trading was pretty heavy today with the highest prices touching as high as RM3,173 per tonne,” she added. February 201...
Palm Futures Down on Bearish Export Data
CRUDE palm oil futures prices on Bursa Malaysia Derivatives closed slightly lower yesterday following bearish export data, dealers said. They said market sentiment was dragged down by weaker export data released by cargo surveyors Societe Generale de Surveillance and Intertek Testing Services. Febru...
Palm Futures Down on Profit-Taking
CRUDE palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed lower yesterday on continued profit-taking influenced by lower soyabean oil future prices, dealers said. A dealer said demand was lower as market participants awaited the US Department of Agriculture (USDA)’s report on...
CPO Futures Rise on Short-Covering
THE crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed higher yesterday on short-covering activities, a dealer said. A dealer said buyers were replenishing their stocks ahead of the long Lunar New Year holidays. “The bleak outlook of soyabean oil and other edible oils ...
CPO Futures Rise on Short-Covering
THE crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed higher yesterday on short-covering activities, a dealer said. A dealer said buyers were replenishing their stocks ahead of the long Lunar New Year holidays. “The bleak outlook of soyabean oil and other edible oils ...
CPO Futures End Mixed in Thin Trade
THE crude palm oil futures contract on Bursa Malaysia Derivatives closed mixed in thin trading yesterday, dealers said. Traders were concerned over the erratic weather in Southeast Asia which could restrain production while the weak export data released by two cargo surveyors also depressed market s...
