News
CPO Futures Firm on Supply Shortfall
CRUDE palm oil futures prices on Bursa Malaysia Derivatives ended higher yesterday due to a weakening US dollar and shortfall in supply, dealers said. At the close, November 2010 rose RM40 to RM3,080 a tonne, December 2010 increased RM27 to RM3,085, January 2011 went up RM31 to RM3,092 and February ...
Palm Oil Exports Down in October
PETALING JAYA: Malaysian palm oil exports were down in October compared to September according to cargo surveyors in separate reports today. Intertek said palm oil exports fell 8.5% in October to 1.35 million tonnes compared to 1.47 million tonnes in September. SGS said in another report that export...
Malaysia Jan 1-10 palm exports fall: ITS
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Palm Futures Climb to 2-Years High
Palm oil futures in Malaysia climbed to the highest level in more than two years. January-delivery futures jumped as much as 1.1 per cent to RM3,095 a metric ton on the Malaysia Derivatives Exchange, the highest intraday level since July 28, 2008. – Bloomberg Source : Business Times
Replanting to Boost Yields
THE government’s new replanting scheme will target 365,000ha of oil palms older than 25 years as the world’s No. 2 palm oil producer tries to lift flagging output, a top Malaysian industry official said. Industry regulator Malaysian Palm Oil Board’s (MPOB) new chairman, Datuk Seri ...
Palm Oil Board Data to Provide Leads
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