News
Palm Futures Set to Continue Uptrend
Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to continue their uptrend next week on the back of improving risk appetite boosted by positive developments in the euro zone. According to reports, Greek Prime Minister George Papandreou was prepared to drop a plan for a nationw...
Palm Futures Up in Brisk Trade
CRUDE palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher in choppy but active trading yesterday, dealers said. “The market moved in tandem with higher crude oil and soyabean oil prices,” they said. November 2011 rose RM60 to RM2,985 a tonne while December 2011 inc...
Palm Futures End Lower
CRUDE palm oil futures on Bursa Malaysia Derivatives closed lower yesterday tracking the downtrend in the Chicago Board of Trade soyaoil prices despite strong export data, dealers said. November 2011 and December 2011 fell RM29 each to close at RM2,942 and RM2,944 a tonne, respectively. January 2012...
Palm Futures Set to Perform Better
Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives are anticipated to perform better next week as the market is expecting friendly export data which will provide a boost to the local market. “The market expects export data for Oct 1-31 to be released next week. It will be a f...
Palm Futures Up on Export Data Boost
CRUDE palm oil futures on Bursa Malaysia Derivatives closed higher on Tuesday on buying activities, dealers said. A dealer said a friendly export data released by cargo surveyor Societe Generale de Surveillance provided a boost to the local market. November advanced RM60 to RM2,950 a tonne, December...
