News
Palm Futures Dip on Lack of Interest
CRUDE palm oil futures contract on Bursa Malaysia Derivatives closed lower yesterday on lack of interest, said a dealer. She said the market was volatile and bearish in the morning trading session. “Prices went up in the afternoon on support from external markets. However, the firmer soyaoil a...
CPO Futures Down by Profit-Taking
CRUDE palm oil futures contracts on Bursa Malaysia Derivatives closed lower yesterday on profit-taking, said a dealer. She said the bearish market was also due to moderate export data released by cargo surveyor Societe Generale de Surveillance. December 2011 ended RM60 lower at RM3,200 a tonne, Janu...
Palm Futures End Firmer on Speculative Buying
THE crude palm oil futures on Bursa Malaysia Derivatives closed firmer yesterday on speculative buying interest, said a dealer. December 2011 ended RM31 higher at RM3,260 a tonne, January 2012 added RM42 to RM3,260 a tonne, February 2012 gained RM36 to RM3,248 a tonne while March 2012 advanced by RM...
CPO Futures Lower on Profit-Taking
CRUDE palm oil futures contracts on Bursa Malaysia Derivatives closed lower yesterday on profit-taking activities, dealers said. December 2011 contract fell RM25 to close at RM3,229 a tonne, January 2012 slipped RM28 to RM3,218, February 2012 and March 2012 declined RM29 each to RM3,212 and RM3,211....
Palm Futures End Near 5-month High
CRUDE palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended at a near five-month high yesterday on strong buying interest from China and tight supply, dealers said. December 2011 contract rose RM76 to RM3,254 per tonne, January 2011 gained RM70 to RM3,246, February 2011 rose RM64 to R...
Palm Oil Exports Set To Hit All-time High of RM80b
BUOYANT RM66.8b worth of palm oil products have been shipped out in the first 10 months Malaysia’s palm oil exports for this year is set to hit an all-time record of RM80 billion, thanks to higher average palm oil prices and sustained demand for the edible oil from emerging economies. In the f...
