News
Palm Futures End Sharply Higher
CRUDE palm oil futures prices on Bursa Malaysia Derivatives closed sharply higher yesterday on the back of strong buying, dealers said. “Demand recovered as concerns over the impact of the nuclear crisis in Japan became less,” a dealer said. April 2011 went up RM109 to RM3,499 a tonne, M...
Palm futures end slightly lower
CRUDE palm oil futures prices on Bursa Malaysia Derivatives closed slightly lower yesterday on weaker demand, dealers said. They said uncertainty over the economic impact of the Japanese earthquake and tsunami weighed on the prices. April 2011 slipped RM10 to RM3,390 a tonne, May 2011 and June 2011 ...
CPO futures bearish amid lack of demand
CRUDE palm oil futures prices on Bursa Malaysia Derivatives ended lower yesterday on bearish note amid a lack of demand, dealers said. April 2011 dropped RM28 to RM3,400 a tonne, May 2011 went down RM17 to RM3,368 while June 2011 and July 2011 declined RM32 each to RM3,347 and RM3,332 respectively. ...
CPO Futures Rise on Bullish Demand
CRUDE palm oil futures prices on Bursa Malaysia Derivatives ended higher yesterday on increased buying interest, dealers said. They also said the market was bullish driven by demand. At close, March 2011 went down RM75 to RM3,300 a tonne. However, April 2011 rose RM65 to RM3,428, May 2011 went up RM...
Palm Futures Retreat on Lack of Buying Interest
CRUDE palm oil futures on Bursa Malaysia Derivatives ended lower yesterday on lack of buying interest following the earthquake and tsunami that struck Japan last week, dealers said. At theclose, March 2011 was down RM45 at RM3,375 a tonne, April 2011 dropped RM36 to RM3,363, May 2011 went down RM29 ...
Palm Futures to Consolidate Further
Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives are expected to consolidate further next week amid uncertainties in the global market, dealers said. They said there were concerns over the anticipated damage Friday’s earthquake and tsunami on Japan’s economy and the regi...
