14d ago
KUALA LUMPUR, April 24 (Bernama) - The Malaysian Palm Oil Council (MPOC) anticipates crude palm oil (CPO) prices to remain supported at RM4,500 per tonne in the near term, backed by stronger biodiesel economics, elevated crude oil prices, and a possible onset of El Niño.
14d ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, April 23 (Bernama) – Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower, taking a breather on Thursday after posting three consecutive days of strong gains.
15d ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, April 22 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continue to close higher on Wednesday, supported by strong performance in related vegetable oils on the Chicago Board of Trade (CBOT) and Dalian Commodity Exchange (DCE).
16d ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, April 21 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Tuesday, recovering from the lowest levels seen in nearly six weeks, thanks to robust buying interest, according to a futures broker firm.
17d ago
KUALA LUMPUR, April 20 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday, amid escalating tensions in West Asia, said a trader.
18d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, April 20 (Bernama) -- The government’s plan to raise the biodiesel mandate to B15 is expected to provide a more stable domestic palm oil demand, particularly during periods of weak global demand or heightened price volatility.
20d ago
KUALA LUMPUR, April 18 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to see stabilisation with a bearish bias next week, amid ample supply and easing energy prices.
20d ago
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, April 17 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower on Friday amid softer crude oil prices, a trader said.
21d ago
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, April 16 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed marginally higher amid the rise in crude oil prices that continued to lend support to market sentiment, a trader said.
22d ago
KUALA LUMPUR, April 15 (Bernama) -- The proposed increase in the country’s biodiesel blend from B10 to B15, starting with B12, can reduce dependence on diesel and extend the lifespan of the nation’s fuel supply following the crisis in West Asia, said Economy Minister Akmal Nasrullah Mohd Nasir.
22d ago
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, April 15 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed slightly higher on Wednesday, in line with gains in Chicago Board of Trade (CBOT) soybean oil prices, a trader said.
22d ago
KUALA LUMPUR, April 15 (Bernama) -- Crude palm oil (CPO) prices are expected to be supported by demand tailwinds such as higher blending mandates announced by the United States (US) Environmental Protection Agency (EPA), said CGS International Malaysia Sdn Bhd.