News
Rangebound trading ahead for CPO futures
Crude palm oil (CPO) futures prices on Bursa Malaysia derivatives are expected to experience rangebound trading next week as players are expected to remain cautious over a weaker demand and rising inventory levels, dealers said. They also said that Indonesia’s move to cut export tax for CPO in...
CPO futures close steadier
CRUDE palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed higher yesterday supported by gains in soyaoil and crude oil prices, dealers said. May 2011 rose RM45 to RM3,405 a tonne, June 2011 and August 2011 increased RM51 each to RM3,386 a tonne and RM3,361 a tonne respectively, and...
Palm Futures Dip on Weaker Demand Worries
CRUDE palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed lower yesterday on speculation of weaker demand, dealers said. They said Indonesia’s move to cut export tax for CPO in May to 17.5 per cent from 22.5 per cent this month could potentially attract demand away from Malay...
CPO Futures Finish Higher
CRUDE palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed higher yesterday, in line with gains in other vegetable oil prices, dealers said. May 2011 rose RM65 to RM3,375 per tonne, June 2011 increased RM78 to RM3,355 per tonne, July 2011 gained RM60 to RM3,315 per tonne and August ...
CPO Futures End Marginally Higher
CRUDE palm oil futures on Bursa Malaysia Derivatives closed marginally higher yesterday in line with higher soyaoil prices on the Dalian Commodity Exchange, dealers said. May 2011 rose RM11 to RM3,310 a tonne, June 2011 increased RM17 to RM3,277, July 2011 added RM9 to RM3,255 and August 2011 edged ...
Malaysia States Case Against Australian Palm Oil Labelling Bill
Click here to download and read Tan Sri Yusof Basiron’s testimony CANBERRA: Malaysia raised its objection to Australia’s Truth in Labelling-Palm Oil Bill yesterday, saying it is based on misleading claims and aimed at harming its largest agricultural export – palm oil. Malaysian Pa...
