News
Malaysia June 1-10 Palm Exports Up 23 Percent : ITS
Exports of Malaysian palm oil products for June 1-10 rose 22.7 per cent to 435,148 tonnes from 354,504 tonnes shipped between May 1 to 10, cargo surveyor Intertek Testing Services said today. Meanwhile, another cargo surveyor Societe Generale de Surveillance said exports of Malaysian palm oil produc...
CPO Futures End Lower on Weak Sentiment
THE crude palm oil futures contract market ended lower on Bursa Malaysia Derivatives yesterday despite encouraging export data released by the Malaysian Palm Oil Board. Dealers said continuing concerns over the eurozone debt crisis weighed heavily on market sentiment as Malaysia’s palm oil tra...
CPO Futures Easier In Line with Soyaoil Prices
CRUDE palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower as investors remained concerned with the debt crisis in Europe, dealers said. They said the easier prices were also in line with the downtrend in soyaoil prices. The June 2010 contract declined RM12 to settle at RM2,524 a tonne,...
CPO Futures Lower on Lack of New Leads
CRUDE palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower yesterday on a lack of fresh leads, dealers said. A dealer said investors stayed on the sidelines awaiting the release of production data later this week. At close, June 2010 fell RM5 to settle at RM2,536 a tonne, July 2010 fell...
Elephant Saved at Oil Palm Plantation
KOTA KINABALU: A weak and dehydrated young female Borneo pygmy elephant was rescued in an oil palm plantation on Sabah’s east coast amidst renewed calls by a wildlife expert for the creation of forest corridors. State Wildlife Department director Laurentius Ambu said its personnel were alerted by Ma...
CPO Futures Close Lower
CRUDE palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower yesterday, in line with the weaker crude oil and soyaoil prices, dealers said. “The weaker crude oil price weighed down market sentiment,” a dealer said. However, he added, the CPO price is expected to rebound, on ex...
