News
Palm Futures Rise on Strong Buying Interest
CRUDE palm oil (CPO) futures prices on Bursa Malaysia Derivatives closed higher yesterday due to strong buying interest, dealers said. June 2011, July 2011 and August 2011 increased RM21 each to close at RM3,269, RM3,281 and RM3,260 a tonne respectively, while September 2011 gained RM22 to RM3,262. ...
Bullish Price Outlook for CPO Futures
Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives are likely to be trading higher next week on expectation of stronger demand for the commodity, dealers said. One dealer said the price outlook remained bullish as the upcoming festive period including Hari Raya and Deepavali celebrati...
CPO Futures Continue Downward Drift
CRUDE palm oil futures on Bursa Malaysia Derivatives closed lower yesterday, tracking the downtrend in soyaoil prices on the Chicago Board of Trade and the Dalian Commodity Exchange, dealers said. A dealer said most players are waiting for the release of the exports data due today before taking any ...
Palm futures fall as higher stock seen
CRUDE palm oil futures on Bursa Malaysia Derivatives closed lower yesterday on expectations of higher stock level, dealers said. They said May stock level was expected to be between 1.7 million and 1.8 million tonnes, compared with April’s 1.67 million tonnes. June 2011 fell by RM38 to close a...
Palm Futures Ease as Investors Stay on Sidelines
CRUDE palm oil futures on Bursa Malaysia Derivatives closed lower yesterday as investors stayed on the sidelines to await the release of May 1-10 export data, dealers said. A dealer said the downtrend was in line with the lower soyaoil prices on the Chicago Board of Trade. June 2011 closed RM61 lowe...
Malaysia Ready to Share Palm Oil Expertise
Malaysia is ready to share its expertise in the development of the palm oil industry with the African countries participating in the Langkawi International Dialogue (LID) 2011. Plantation Industries and Commodities Minister, Tan Sri Bernard Dompok, said if there were countries interested and asked f...
