News
Malaysia Palm Oil Exports Up 25.4 Percent
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CPO Futures Expected to be Firmer
Crude palm oil (CPO) futures on Bursa Malaysia Derivatives is expected to be firmer next week due to adverse weather conditions, dealers said. They said the market would also move in line with soyoil prices on the Chicago Board of Trade amid continued buying momentum from China, Europe and India. &#...
Palm Futures Rises Bolstered by Ringgit
CRUDE palm oil (CPO) futures prices on Bursa Malaysia Derivatives closed higher on strong demand due to continuing bullish sentiment, dealers said yesterday. They said prices were also bolstered by a stronger ringgit against the greenback. October 2010 fell RM9 to RM2,746 a tonne. November 2010 rose...
Stakeholders, NGOs to Exchange Views at Palm Oil Meet
NON-GOVERNMENTAL organisations (NGOs) and stakeholders in the palm oil industry are expected to gain a clearer understanding of their roles in finding amicable solutions to facilitate the industry’s growth and sustainability at this year’s International Conference on the Future of Palm O...
CPO Futures Steadier Amid Uncertain Weather
CRUDE palm oil (CPO) futures prices on Bursa Malaysia Derivatives closed higher yesterday on expectation that local palm oil output will be modest amid the uncertain weather condition, dealers said. They said CPO prices will increase in the third quarter this year in anticipation of strong demand fr...
Palm Futures Ease on Profit Taking
CRUDE palm oil (CPO) futures prices on Bursa Malaysia Derivatives ended lower yesterday on profit-taking activities after recent gains, dealers said. The commodity price had touched its highest level on Monday since May 2009. According to the dealers, the downtrend was also in line with the weaker r...
