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LABUAN, Nov 22 (Bernama) -- The Labuan Crude Oil Terminal (LCOT), one of Malaysia’s earliest and most enduring oil and gas installations, continues to stand as a symbol of national resilience and operational excellence as it celebrates its 50th anniversary, said Hibiscus Petroleum Bhd chairman Zainul Rahim.
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By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 22 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to be bearish next week owing to the expectation of rising palm oil production, said a trader.
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By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 22 (Bernama) -- The rubber market is expected to trade range-bound next week with a bias towards higher prices, influenced by the northeast monsoon and escalating tension between the European Union (EU) and Russia, said industry expert Denis Low.
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By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 21 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended the week on a weaker note, closing lower on Friday due to concerns over weak demand, a trader said.
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By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 21 (Bernama) -- The Kuala Lumpur rubber market closed the week higher on Friday, driven by ongoing concern over rubber supply due to rainy weather in major rubber producers amid mixed advice from regional rubber futures markets, said a dealer.
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KUALA LUMPUR, Nov 21 (Bernama) -- Malaysia’s crude palm oil (CPO) production for 2025 is expected to exceed last year’s output, with projections indicating output could surpass 19.5 million tonnes, up from 19.3 million tonnes in 2024.
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KUALA LUMPUR, Nov 21 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) has paved new pathways for Malaysian mid-tier companies to tap into India’s rapidly expanding market through a market immersion mission to Mumbai from Nov 19–21.
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By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 20 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended a two-day gain to close lower on Thursday, as profit-taking activities weighed on market sentiment, said a dealer.
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KUALA LUMPUR, Nov 20 (Bernama) -- Crude palm oil (CPO) prices are expected to find strong support at RM4,100 to RM4,200 per tonne in December 2025 and could trend higher towards RM4,500 per tonne, according to the Malaysian Palm Oil Council (MPOC).
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KUALA LUMPUR, Nov 19 (Bernama) -- The development of the rare earth element (REE) industry will go through a strict engagement process at the federal and state government levels to ensure that the REE value chain is developed domestically.
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By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 18 (Bernama) -- The rubber market finished higher on Tuesday, lifted by encouraging Chinese economic data and stronger automotive sales figures, said a dealer.
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By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 17 (Bernama) -- The Kuala Lumpur rubber market ended higher on Monday, supported by optimism over potential Chinese economic stimulus and a correction in the ringgit against the US dollar, a dealer said.