News
CPO Futures Down on Technical Selling
CRUDE palm oil (CPO) futures prices on Bursa Malaysia Derivatives continued to ease on technical selling amid the fallout from the downgrade of the US credit rating, dealers said. At the close yesterday, the August contract slipped RM10 to RM3,110, September decreased RM66 to RM2,970, October declin...
CPO Futures Slip on Weak External Factors
CRUDE palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower yesterday as weak external factors continued to affect CPO purchase, a dealer said. August 2011 slipped RM8 to RM3,120 a tonne, September 2011 fell RM43 to RM3,036, October 2011 lost RM57 to RM2,994 while November 2011 shed RM64...
CPO Futures Slip on Weak External Factors
CRUDE palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower yesterday as weak external factors continued to affect CPO purchase, a dealer said. August 2011 slipped RM8 to RM3,120 a tonne, September 2011 fell RM43 to RM3,036, October 2011 lost RM57 to RM2,994 while November 2011 shed RM64...
Malaysia to Send Reps to Aussie Panel Hearing
PENAMPANG: Malaysia will send representatives to Australia for a committee hearing to be held before the Bill that requires palm oil labelling, is debated at Australia’s Parliamentary level. This would be another effort in correcting the misconceptions towards Malaysia’s palm oil practic...
CPO Futures’ Bearish Trend to Persist
Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives are expected to continue the bearish momentum into next week amid a gloomy global economic scenario. A dealer said the performance of the market will depend much on the economic conditions as a whole, with many buyers expected to appl...
CPO Futures Down on Profit Taking Activities
CRUDE palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower yesterday on profit taking following huge gains recently, dealers said. The market was further weighed down by losses in US soyabean futures and China’s Dalian Commodity Exchange, they said. The August 2011 contract lost R...
