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B5 Biodiesel in Stages, Starting with Putrajaya
KUALA LUMPUR: The government will introduce the biodiesel B5 in stages starting with Putrajaya early next month, Minister of Plantation Industries and Commodities Tan Sri Bernard Dompok said. “The price will be fixed and we have chosen the petrol stations to initially offer the product in Putr...
Palm futures up on positive sentiments
CRUDE palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher yesterday on anticipation of a better export data which is scheduled for release today. A dealer said positive sentiments such as high soy oil prices also supported CPO prices. June 2011 rose RM53 to settle at RM3,453 a tonne, ...
Palm futures buoyed by foreign demand
CRUDE palm oil futures on Bursa Malaysia Derivatives closed higher yesterday on active demand from foreign buyers, a dealer said. June 2011 went up RM11 to settle at RM3,400 a tonne, while July 2011 climbed RM43 to RM3,337, August 2011 rose RM42 to RM3,297 and September 2011 was RM40 higher at RM3,2...
CPO futures rise on renewed demand
CRUDE palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended higher yesterday on renewed demand following bullish export data released by two cargo surveyors. Intertek Testing Services said the country’s exports for the first 15 days of May jumped 27.6 per cent to 533,419 tonnes ...
CPO Futures Up on Fresh Interest
CRUDE palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed higher yesterday with renewed buying interest from investors on bargain-hunting. At the close, May 2011 gained RM10 to RM3,410 per tonne, June 2011 climbed RM55 to RM3,365, July 2011 rose RM48 to RM3,274 and August 2011 incr...
CPO Futures Down on Sell-Offs
CRUDE palm oil futures on Bursa Malaysia Derivatives closed lower yesterday as the commodity suffered another global sell-off in less than a week, dealers said. May 2011 lost RM37 to RM3,400 a tonne, June 2011 declined RM60 to RM3,310 while July 2011 and August 2011 both decreased RM43 each to RM3,2...
