8m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, April 30 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower on Wednesday, weighed down by expectations of rising production and subdued export demand that could lift domestic stock levels, said palm oil trader David Ng.
8m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, April 29 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today, weighed down by weaker soybean oil prices on the Chicago Board of Trade (CBOT) and concerns over rising production in the coming weeks, said palm oil trader David Ng.
8m ago
KUALA LUMPUR, April 29 (Bernama) -- Crude palm oil (CPO) prices are expected to average at RM4,200 per tonne in 2025 due to a high price premium enjoyed by palm oil over soyabean oil in the first quarter of 2025 (1Q 2025), said Kenanga Investment Bank Bhd (Kenanga Research).
8m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, April 28 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower today, weighed down by the anticipation of rising output in coming weeks and weaker soybean oil prices, said palm oil trader David Ng.
8m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, April 26 (Bernama) -- The crude palm oil (CPO) futures market is expected to trade on a bullish note next week, driven by a price discount relative to soybean oil, which could spark increased buying interest, according to trader David Ng.
8m ago
By Rosemarie Khoo
KUALA LUMPUR, April 24 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed marginally lower today due to concerns over rising output in the coming weeks, said palm oil trader David Ng.
8m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, April 22 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today on stronger soybean oil and crude oil prices, said palm oil trader David Ng.
8m ago
KUALA LUMPUR, April 22 (Bernama) -- Palm oil prices are expected to remain supported at RM3,900 per tonne in the coming weeks, underpinned by the recovery in soybean oil prices, which enhances palm oil’s price competitiveness, according to the Malaysian Palm Oil Council (MPOC).
8m ago
KUALA LUMPUR, April 21 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today for the sixth straight day as weaker crude oil prices and a stronger ringgit against the US dollar were weighing down the market, said palm oil trader David Ng.
8m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 19 (Bernama) -- The crude palm oil (CPO) futures market is expected to trade with a bearish bias next week given the rising output and weak general market sentiment, said palm oil trader David Ng.
8m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 18 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) closed lower today for the fifth straight day, as concerns over rising output continued to pile pressure on prices.
8m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 17 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) closed lower for the fourth consecutive day today, pressured by concerns over rising output in the coming weeks.