1m ago
KUALA LUMPUR, May 14 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Wednesday, extending its gains by tracking the uptrend in the soybean oil market, said palm oil trader David Ng.
1m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, May 13 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Tuesday, supported by firmer soybean oil prices and easing United States (US)-China trade tensions, said palm oil trader David Ng.
1m ago
By Siti Noor Afera Abu
KUALA LUMPUR, May 9 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on stronger soybean oil and crude oil prices.
1m ago
By Siti Noor Afera Abu
KUALA LUMPUR, May 8 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher today, rebounding from a seven-day losing streak as bargain hunters stepped in after the recent price decline.
2m ago
By Siti Noor Afera Abu
KUALA LUMPUR, May 7 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower for the second straight day, pressured by mounting concerns over increasing production and stock levels.
2m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, May 3 (Bernama) -- The crude palm oil (CPO) futures market is expected to remain under pressure next week, largely due to ongoing concerns over rising domestic stock levels amid tepid demand and improving production.
2m 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.
2m 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).
2m 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.
2m 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.
2m 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.
2m 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).