News
CPO Futures Down on Profit-Taking
CRUDE palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower yesterday on profit-taking, dealers said. September 2011 contract fell by RM22 to close at RM3,139 a tonne, October 2011 decreased RM34 to RM3,070, while November and December 2011 declined by RM32 each to RM3,036 and RM3,022 re...
Palm Futures Steadier on External Boost
CRUDE palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher yesterday on positive support from external markets. A dealer said firmer soyaoil, soyabean and crude oil market had all pushed palm oil higher. He added that the market is likely to remain supportive until the Hari Raya Puasa....
CPO futures rise on bullish sentiment
CRUDE palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher yesterday as market players were bullish over the August 1-20 palm oil export data released by cargo surveyors, dealers said. September 2011 gained RM10 to close at RM3,125 a tonne, October 2011 increased RM21 to RM3,056, Novem...
Uncertain trend for CPO futures
Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives are expected to continue on an uncertain trend next week with the renewed concerns over the euro zone crisis, dealers said. Another dealer however said that the export data to be released on Monday is expected to be bullish and this c...
Uncertain trend for CPO futures
Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives are expected to continue on an uncertain trend next week with the renewed concerns over the euro zone crisis, dealers said. Another dealer however said that the export data to be released on Monday is expected to be bullish and this c...
Palm Futures Up Due to Stock Market Rebound
CRUDE palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher yesterday due to the rebound in local market activity, dealers said. A dealer also said although financial market volatility kept investors cautious, traders expect strong exports to keep stocks, at below two million tonnes. Se...
