News
Further Strengthening for CPO Futures
Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives is expected to strengthen next week with the market looking for clues from the three-day Palm and Lauric Oils Conference & Exhibition Price Outlook 2011, beginning Monday. Dealers said the conference is expected to report go...
Palm Futures Continue Uptrend
CRUDE palm oil futures on Bursa Malaysia Derivatives continued its upward momentum at the close yesterday, on the back of biofuel demand, dealers said. The dealers said demand for biofuel has risen, as unrest in the Middle East threatens to keep energy prices high. March 2011 rose RM46 to RM3,665 a ...
CPO Futures Continue to End Higher
CRUDE palm oil futures on Bursa Malaysia Derivatives ended higher yesterday, in line with the firmer soyabean prices on the Chicago Board of Trade, dealers said. A dealer said the trend persisted on market talk that China may consider a cut in import tariffs, which would increase demand for edible o...
Palm Futures Continue Uptrend
CRUDE palm oil futures on Bursa Malaysia Derivatives continued its upward momentum at the close yesterday, on the back of biofuel demand, dealers said. The dealers said demand for biofuel has risen, as unrest in the Middle East threatens to keep energy prices high. March 2011 rose RM46 to RM3,665 a ...
CPO Futures Rise on Short-Covering
CRUDE palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed higher yesterday on active short-covering. Dealers said the market for the commodity was tight due to the lower stocks, which in turn were caused by lower production of palm oil amid growing orders from China and India. R...
Putting Palm Oil Mill Waste Into Optimum Use
PALM oil mill effluents in Sabah are not being used to their optimum value and the government is studying ways to improve this. “Like all materials, they can be put to different uses, such as fertilisers, for biomass power generation or for downstreaming activities,” Plantation Minister ...
