5d ago
KUALA LUMPUR, April 10 (Bernama) -- Crude palm oil (CPO) prices are expected to remain elevated, supported by biodiesel mandates, higher oil prices, and weather-related supply risks, said CIMB Securities Sdn Bhd.
5d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, April 10 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended the week sharply lower after the market digested bearish Malaysian Palm Oil Board (MPOB) data, said Fastmarkets Palm Oil Analytics senior analyst Sathia Varqa.
6d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, April 9 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives snapped a three-day losing streak to close higher on Thursday, supported by bargain buying and a recovery in energy prices, a trader said.
7d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, April 8 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Wednesday, mirroring the decline in oil prices following the ceasefire announced by the United States and Iran, said Fastmarkets Palm Oil Analytics senior analyst Sathia Varqa.
8d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, April 7 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Tuesday, despite Thailand announcing tighter controls on CPO exports.
8d ago
KUALA LUMPUR, April 7 (Bernama) -- B100, a 100 per cent palm oil-based biodiesel, has the potential to emerge as a more competitive and sustainable alternative energy source amid uncertainties arising from the West Asia crisis, said Federal Land Development Authority (FELDA) chairman Datuk Seri Ahmad Shabery Cheek.
8d ago
KUALA LUMPUR, April 7 (Bernama) -- The Malaysian Biodiesel Association (MBA) has called on the government to follow the proactive measures announced by other ASEAN counterparts and expedite the nationwide implementation of higher blends under the national biodiesel programme for both the transport and industrial sectors.
9d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, April 6 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower due to cautious sentiment as investors await upcoming palm oil production outlook data from the Malaysian Palm Oil Association.
11d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, April 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade higher next week amid the ongoing crisis in West Asia, a trader said.
12d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, April 3 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Friday, boosted by expectations of lower inventories in the coming weeks, a trader said.
12d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 3 (Bernama) -- Malaysia is in an extremely advantageous position as one of the world’s top palm oil exporters, continuing to supply edible oils to countries which are grappling with rising food prices and fertiliser supply disruptions due to the closure of the Strait of Hormuz.
13d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, April 2 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Thursday, tracking gains in the crude oil market, a trader said.