News
New Britain Palm Oil Eyes 20 Percent Output Jump
JAKARTA: Improving farming techniques at planter New Britain Palm Oil (NBPO) is likely to result in output jumping by about 20 per cent this year to more than 500,000 tonnes, its executive director Alan Chaytor said yesterday. Production at the Australiasian palm oil producer was 479,000 tonnes last...
Malaysian Palm Oil Wildlife Conservation Fund (MPOWCF) – CSR Contribution Towards a Just Cause
Since its inception in 2006, the Malaysian Palm Oil Wildlife Conservation Fund or MPOWCF has initiated a number of wildlife and biodiversity conservation programmes examining highly pertinent issues faced by the industry: from orang utan and elephant conservation to the country’s first Wildlife Resc...
CPO Futures Down on Profit-Taking
CRUDE palm oil (CPO) futures prices on Bursa Malaysia Derivatives closed lower yesterday in brisk trading on profit-taking, dealers said. Cargo surveyor Intertek Testing Services reported Malaysian exports of palm oil products for June rose 6.32 per cent to 1.440 million tonnes from 1.354 million to...
Palm Futures Rises on Strong Buying
CRUDE palm oil (CPO) prices on Bursa Malaysia Derivatives closed higher on strong buying interest, a dealer said. The CPO futures prices rose on technical correction as well, he said. July 2011 contracts added RM57 to close at RM3,140 per tonne: August 2011 rose RM48 to RM3,118, September 2011 gaine...
Palm Futures Rise on Hope of Better Export Figures
CRUDE palm oil futures prices on Bursa Malaysia Derivatives closed higher yesterday as a rebound in crude oil prices improved sentiment and on expectations of better export figures, dealers said. July 2011 gained RM3 to close at RM3,083 a tonne, August 2011 rose RM20 to RM3,070, September 2011 incre...
Palm Futures End Broadly Lower
CRUDE palm oil futures on Bursa Malaysia Derivatives were lower yesterday as traders were worried over a build-up in palm oil stock levels from Malaysia and Indonesia arising from increased supply availability. July 2011 fell by RM51 to RM3,080 a tonne, August 2011 declined RM66 to RM3,050, Septembe...
