News
CPO Futures Rise on Fresh Buying
CRUDE palm oil (CPO) futures prices on Bursa Malaysia Derivatives closed higher yesterday backed by fresh buying, dealers said. They said a rally in global vegetable oil markets including corn and soyabeans boosted buying interest in the CPO futures. “Soyoil prices on the Dalian Commodity Exch...
Malaysia September 1-20 Palm Exports Up 5 Percent : ITS
Exports of Malaysian palm oil products for September 1-20 rose 5 per cent to 906,688 tonnes from 863,289 tonnes shipped from Aug. 1-20, cargo surveyor Intertek Testing Services said today. — Reuters
Less Carbon Dioxide From Oil Palm Estates
Study shows more carbon emission from forest peat swamp The Tropical Peat Research Unit in the Sarawak Chief Minister’s Department has set up three Eddy Coveriance towers to carry out an advanced carbon flux study to reinforce its early breakthrough in scientific findings that carbon dioxide (CO2) e...
Palm Oil Exports May Hit RM60 Billion This Year
MALAYSIA’S palm oil exports may expand by 20 per cent to touch RM60 billion this year, thanks to higher average palm oil prices and improving global demand. Palm oil futures prices are now averaging at RM2,500 per tonne, higher than last year’s RM2,250 per tonne. The latest data from the...
CPO Futures Likely to be Rangebound This Week
The improvement in the stock level will likely help stabilise the commodity price, says a dealer. CRUDE palm oil futures on Bursa Malaysia Derivatives are expected to see rangebound trading this week, especially with continuous appreciation of the ringgit, dealers said. A dealer, however, said the s...
CPO Futures Close Mostly Higher
CRUDE palm oil (CPO) futures prices on Bursa Malaysia Derivatives ended mostly higher yesterday, as market players increased their holdings ahead of the weekend, said dealers. One of the dealers said the ringgit’s continuous appreciation would likely continue next week, making investors worry ...
