CPO Futures end Lower Amid Weaker Vegetable Oils

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 18 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Tuesday, taking the cue from weaker related vegetable oils and a lack of fresh fundamental data, an analyst said.

CPO Futures End Higher On Stronger Dalian Palm Olein Prices

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 17 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Monday, driven by higher palm olein prices on the Dalian Commodity Exchange, said palm oil trader David Ng.

Petronas Unit Monitoring Low Production Of Oil And Gas In Peninsular Malaysia

By Siti Radziah Hamzah

KUALA LUMPUR, Feb 17 (Bernama) -- Petroliam Nasional Bhd's (Petronas) wholly-owned subsidiary Petronas Energy & Gas Trading (PEGT) is closely monitoring the low oil and gas production in Peninsular Malaysia and proactively collaborating with stakeholders to ensure a continued and stable gas supply in the country. 

Malaysia’s Economy Grows 5.1 Pct in 2024, In Line With Govt's Target

KUALA LUMPUR, Feb 14 (Bernama) -- The Malaysian economy grew by 5.1 per cent in 2024, up from 3.6 per cent in 2023, aligning with the government’s target of 4.8 per cent to 5.3 per cent year-on-year.

MIDF Sees Malaysia's Fourth Quarter GDP Growth At 4.8 Pct

KUALA LUMPUR, Feb 13 (Bernama) -- MIDF Amanah Investment Bank Bhd sees Malaysia’s gross domestic product (GDP) growth for the fourth quarter of 2024 (4Q 2024) at 4.8 per cent, similar to the government’s advance estimate.

Malaysia's GDP Expected To Come In At 5.1 Pct In 2024 - HLIB Research

KUALA LUMPUR, Feb 13 -- Malaysia’s economic growth is expected to be positive with a 5.1 per cent growth year-on-year (y-o-y) in 2024, in line with advance estimate and within the Finance Ministry's (MoF) official target of between 4.8 per cent and 5.3 per cent y-o-y, said Hong Leong Investment Bank (HLIB Research). 

CPO Futures Extend Gains For Fifth Day on Lower Stocks, Stronger Soybean Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Feb 12 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its gains for five consecutive days driven by lower stock levels in the country, a dealer said.

Services Sector Revenue Up 6.3 Pct To Record High Of RM2.4 Trillion In 2024 - DOSM

KUALA LUMPUR, Feb 12 (Bernama) -- Malaysia’s services sector revenue surged 6.3 per cent to a new high RM2.4 trillion in 2024 compared with RM2.3 trillion in the previous year, said the Department of Statistics Malaysia (DOSM) today. 

CPO Prices To Remain Stable In February - Analysts

KUALA LUMPUR, Feb 12 (Bernama) -- Crude palm oil (CPO) prices are expected to remain stable this year, ranging between RM4,000 and RM5,000 per metric tonne (MT), according to analysts.

CPO Futures Extend Gains On Weaker Output Growth

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Feb 10 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives continued to extend its gains for four consecutive days driven by weaker-than-expected output growth, a dealer said.

Palm Oil Exports Slip 12.94 Pct To 1.17 Mln Tonnes In January - MPOB

KUALA LUMPUR, Feb 10 (Bernama) -- Malaysia’s palm oil exports in January 2025 slipped 12.94 per cent to 1.17 million tonnes from 1.34 million tonnes in December 2024, according to the Malaysian Palm Oil Board (MPOB).

CPO Futures Rise Above RM4,500 A Tonne On Supply Concerns, Pre-Ramadan Demand

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 7 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Friday, with the April 2025 benchmark contract surpassing RM4,500 per tonne, driven by concerns over weak output and anticipated demand ahead of Ramadan.