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By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Aug 19 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended its rally and closed lower on Tuesday, as the recent sharp price increase is likely to deter further demand, said palm oil trader David Ng.
KUALA LUMPUR, Aug 19 (Bernama) -- Crude palm oil (CPO) prices are expected to hold above RM4,300 per tonne in the near term despite price fluctuations, according to the Malaysian Palm Oil Council (MPOC).
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Aug 18 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) extended gains on Monday, closing higher on firm export demand and slower production growth.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Aug 16 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade lower on a technical correction between the range of RM3,800 per tonne and RM3,950 per tonne, said Interband Group of Companies senior palm oil trader Jim Teh.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Aug 15 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) ended higher on Friday, buoyed by stronger export performance as outlined by cargo surveyors, said palm oil trader David Ng.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Aug 14 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) closed lower on Thursday, pressured by profit-taking following calls by an Indonesian industry group to delay the B50 biodiesel mandate.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Aug 13 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives (BMD) extended gains on Wednesday, lifted by strength in global vegetable oil markets and upbeat export sentiment, said Mumbai-based Sunvin Group commodity research head Anilkumar Bagani.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Aug 12 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its uptrend today, supported by expectations of strong export performance in the coming weeks, said palm oil trader David Ng.
KUALA LUMPUR, Aug 11 (Bernama) -- Malaysia's crude palm oil (CPO) exports continue to play an important role in the palm oil industry, as they help ensure that Malaysia does not lose market share to its closest competitor, Indonesia.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Aug 11 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher today, extending last week’s rally, supported by a slower-than-expected rise in stock levels and strong export performance, said palm oil trader David Ng.
KUALA LUMPUR, Aug 11 (Bernama) -- Malaysia’s palm oil exports increased by 3.82 per cent month-on-month (m-o-m) to 1.30 million tonnes in July from 1.26 million tonnes in June, according to the Malaysian Palm Oil Board (MPOB).
By K. Naveen Prabu
KUALA LUMPUR, Aug 9 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade lower next week, amid expectations of higher production and stock levels.
