Palm Oil News

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Palm Oil Exports Fall 19% In December

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Oil Palm Shell In Concrete Making

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Palm Oil Drops For 3rd Day As Stockpiles Climb

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CPO Futures Rise on Foreign Leads

CRUDE palm oil futures on Bursa Malaysia Derivatives closed higher yesterday, taking the lead from external factors, dealers said. December 2010 gained RM69 to close at RM3,506, January 2011 rose by RM27 to RM3,438, February 2011 rose by RM31 to RM3,412 and March 2011 climbed by RM39 to RM3,396. Tot...

Sarawak to Double Oil Palm Plantation Area

KUCHING: Sarawak, which recorded its fastest pace in opening up land for oil palm cultivation in the past one year, targets to double its plantation area to two million hectares. State Land Development Minister Datuk Dr James Masing was optimistic that the new target could be reached by 2020, making...

CPO Futures Surge on Hopes of Better Export Data

CRUDE palm oil futures on Bursa Malaysia Derivatives closed sharply higher yesterday, riding on expectations of higher export figures, dealers said. “The export figures will be out tomorrow and the market is taking its cue from expectations that the figures would be better,” a dealer sai...

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