News
CPO futures end higher on broad gains
CRUDE palm oil futures contract on Bursa Malaysia Derivatives ended higher in tandem with bullish soyabean and light crude oil futures movement on the Chicago Board of Trade (CBOT), dealers said. October 2011 increased RM18 to RM2,860 a tonne, November 2011 added RM58 to RM2,888 a tonne, December 20...
Palm Futures Dip on Profit Taking Activities
CRUDE palm oil futures on Bursa Malaysia Derivatives ended lower on profit-taking activities yesterday, dealers said. October 2011 and November 2011 decreased RM33 each to RM2,842 and RM2,830 a tonne respectively, December 2011 lost RM20 to RM2,844 a tonne and January 2012 shed RM32 to RM2,846. Volu...
CPO futures rise on speculative buying
CRUDE palm oil (CPO) futures closed higher on Bursa Malaysia Derivatives yesterday on speculative buying, said dealers. Jim Teh, senior palm oil trader, Interband Group of Companies, said demand remained positive despite the decline the past few days. “Despite the world economic scenario, the ...
Palm Futures Surge on Technical Correction
CRUDE palm oil (CPO) futures contract closed slightly higher on Bursa Malaysia Derivatives yesterday in a technical correction after a bearish trend last week, dealers said. “The traders are getting the momentum back. However, the volume is not very active,” a dealer said. October 2011 r...
Palm Futures Firmer on Bullish Leads
Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed firmer yesterday supported by higher soyabean oil prices and encouraging production and export data, dealers said. October 2011 rose RM24 to RM2,810 a tonne, November 2011 added RM20 to RM2,798 , December 2011 climbed RM21 to RM2,793 ...
Palm Futures Trading Seen Rangebound
Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives are expected to be rangebound next week on cautious sentiment and amid concerns over surplus stock, dealers said. Jim Teh, senior palm oil trader of Interband Group of Companies said prices are expected to move further down, hovering ...
