News
CPO Futures Players Eye Bargains
Crude palm oil (CPO) futures prices on the Bursa Malaysia Derivatives next week are expected to be influenced by the stock and export data to be released on Monday, dealers said. The Malaysian Palm Oil Board (MPOB) is scheduled to release June’s import, export, production and stock figures, wh...
Palm Futures Close Steady on Short-Covering
CRUDE palm oil futures prices on Bursa Malaysia Derivatives ended steadier yesterday despite lack of participation. Traders were mostly sidelined awaiting prices to turn easier but intermittent short-covering activities helped maintain the steady momentum. July 2010 closed RM10 higher at RM2,430, Au...
US Biodiesel Policy – Current Update (July 2010)
Renewable Fuel Standard 2 (RFS2)The RFS2, created under the Energy Independence and Security Act 2007, was officially implemented by the Environmental Protection Agency (EPA) on July 1, 2010. Obligated parties in the United States are required to utilize 345 million gallons of biomass-based diesel t...
CPO Futures Firmer Despite Talk of Higher Stocks
CRUDE palm oil (CPO) futures prices on Bursa Malaysia Derivatives ended firmer yesterday despite players being cautious of higher CPO stocks in June, dealers said. Interband group’s senior trader, Jim Teh, said buyers were also unwilling to pay at current prices as they were waiting for prices to dr...
Weather to Influence Palm Futures Prices
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Palm Futures at 5-Month High, Its 4th Weekly Rise
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