News
Beware – Bear Trap Ahead for CPO Futures
OBSERVATIONS: Beware the springing of a bear trap. Such an event may not necessarily happen. It may not even happen, But the potential for such an event happening is there and it behooves market players to beware of it – and take quick action either to make quick gains or cut losses short if a...
Making Green a Reality
The push for green initiatives is forcing the private sector to adopt elements of green as part of their corporate strategy. Companies are beginning to incorporate them as part of their strategies to improve branding and reputation. Many adopt green measures as they see potential in savings in the l...
CPO Futures Mart to Remain Listless
Crude palm oil (CPO) futures contract on the Malaysia Derivatives Exchange is expected to remain listless as the market remained clouded with external negative factors, said a dealer. “As long as the euro-zone crisis remains the headline of the day, commodities market are expected to remain in...
CPO Futures End Lower But Losses Capped
CRUDE palm oil futures prices on Bursa Malaysia Derivatives ended easier following bearish external factors, a dealer said. However, anticipation of lower output capped further losses, he said. May 2010 and June contract edged down RM2 each to RM2,558 and RM2,534, respectively, while July 2010 shed ...
Palm Drops on Lower Crude, Europe Debt
Palm oil futures declined, set for the biggest weekly loss in three weeks, as Europe’s debt crisis curbed investors’ risk appetite and on concern that the recent drop in crude oil prices may reduce demand for biodiesel. July-delivery palm oil fell as much as 1.6 per cent to RM2,484 a metric ton on t...
Power From Palm Oil Waste
KOTA KINABALU: Sabah is set to exploit toil palm waste from the state’s 1.4mil ha of plantations with the setting up of a biomass collection operation. Chief Minister Datuk Musa Aman said that instead of becoming an environmental hazard, oil palm waste such as fronds, harvested fruit bunches and tru...
