News
Another Vote Against Aussie Palm Oil Bill
Kuala Lumpur: Malaysia is on a victorious path in its battle against Australia’s proposed palm oil labelling Bill. The Food Standards Amendment (Truth in Labelling – Palm Oil) Bill 2010 was rejected by Australia’s House of Representatives Economics Committee in Canberra yesterday, ...
CPO Futures Down on Profit Taking
CRUDE palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed lower yesterday on profit taking after the recent strong performance, said dealers. October 2011 slipped RM19 to RM3,080 per tonne, November 2011 fell RM29 to RM3,049, December 2011 dropped RM29 to RM3,041 and January 2012 d...
CPO Futures Prices Seen Choppy
Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives are expected to be choppy next week, hovering around the RM3,000-level per tonne. A dealer said CPO prices might be affected by the eurozone debt problem and the weakening ringgit. “The futures market may also follow the perform...
CPO futures close sharply higher
CRUDE palm oil futures on Bursa Malaysia Derivatives closed sharply higher yesterday on active buying in the second half of the trading session, a dealer said. “There was a big boost in the second half and this could be due to speculative buying as other markets in the region were on a downtre...
Palm Futures End Sharply Lower
CRUDE palm oil (CPO) futures on Bursa Malaysia Derivatives closed sharply lower yesterday after the release of the US Department of Agriculture’s soya bean report, a dealer said. September declined by RM28 to RM3,104 a tonne, October fell by RM46 to RM3,061, November shed RM51 to RM3,019 and D...
CPO futures end broadly higher
CRUDE palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher yesterday, taking the cue from the bearish stock and output numbers for August released by Malaysian Palm Oil Board (MPOB) yesterday, a dealer said. September rose by RM2 to close at RM3,132 a tonne while October and November w...
