News
Bigger Crowd, More Americans at Palm Oil Meet
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Oil Palm Trunks for Timber?
MALAYSIA’S furniture industry, which is facing rubber wood shortage, may in the next five years use oil palm trunks as Forest Research Institute ofMalaysia (Frim) works on the specifications and testings of thematerial. Frim is one of the government agencies tasked toresearch into using natura...
CPO Futures Down on Profit Taking
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CPO Futures End Marginally Higher
CRUDE palm oil futures on the Bursa Malaysia Derivatives continued its rally marginally for the fourth consecutive day yesterday, as global concerns ease amid tightening supplies, dealers said. “Heavy rain from seasonal monsoon had disrupted production and low output conditions may last until ...
OSK Lifts 2011 CPO Price Target to RM2,700
OSK Research Sdn Bhd raised its 2011 target for average crude palm oil prices in Malaysia to RM2,700 a metric ton from RM2,250. This is to reflect the continued strength of crude oil, according to a report today. — Bloomberg Source : Business Times
Palm Futures Uptrend Continues
CRUDE palm oil futures prices continued their uptrend for the third consecutive day yesterday on Bursa Malaysia Derivatives. A dealer said follow-through buying coupled with strong export figures released yesterday and dwindling stocks aided market sentiment. December 2010 rose RM64 to RM3,570 a ton...
