News
CPO Futures Finish Higher
Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed higher yesterday due to better demand, dealers said. A dealer said the tight grain stock in overseas markets due to biofuel use also helped yesterday’s price. July 2011, August 2011 and September 2011 gained RM48 each ...
Palm Futures End Lower on Lack of Buyers
CRUDE palm oil futures contracts on Bursa Malaysia Derivatives closed sharply lower yesterday on lack of buying interest, dealers said. They said buyers were also waiting for the release of July 1-15 Malaysian palm oil exports on Friday by cargo surveyors, Intertek Testing Services and Societe Gener...
Palm futures finish on bearish note
CRUDE palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed bearish as stocks continued to rise on the back of discouraging exports in June. July 2011 slipped RM15 to RM3,065 per tonne, August 2011 shed RM7 to RM3,078 per tonne, September 2011 declined RM3 to RM3,074 per tonne and Oct...
CPO Futures Mart Expected to be Bearish
Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives are likely to fall next week with the market expected to be bearish in anticipation of unfavourable June data to be released by the Malaysia Palm Oil Board (MPOB), said a dealer. “The market does not expect the MPOB’s June...
CPO Futures Continue to Record Gains
CRUDE palm oil (CPO) futures prices on Bursa Malaysia Derivatives continued to record gains yesterday on buying support from the Dalian market, a dealer said. July 2011 increased RM12 to RM3,080 a tonne from RM3,068, August 2011 gained RM18 to RM3,085 from RM3,06 and September 2011 rose RM22 to RM3,...
CPO Futures Up on Some Activity Buying
CRUDE palm oil (CPO) futures prices on Bursa Malaysia Derivatives closed higher yesterday, tracking gains on the Chicago Board of Trade, a dealer said. She said some buying activities were seen but the market was still quite weak due to recent reports of higher productivity and crude palm oil stocks...
