CPO Futures Fall Below RM4,500 Per Tonne Amid Weaker Crude Oil Prices

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, April 14 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Tuesday, pressured by weaker crude oil prices, a trader said.

MBSB IB Sees Brent, CPO Holding Above Support

KUALA LUMPUR, April 14 (Bernama) -- MBSB Investment Bank Bhd expects benchmark Brent crude oil and crude palm oil (CPO) prices to remain above support levels and potentially re-test resistance at US$114 per barrel and RM4,890 per tonne, respectively, in the near term.

CPO Futures Close Higher Tracking Stronger Crude Oil Prices

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, April 13 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday, tracking stronger crude oil prices amid the ongoing conflict in West Asia, a trader said.

Palm Oil To See Lower Inventory In 2Q, Driven By Stronger Exports - Analyst

KUALA LUMPUR, April 13 (Bernama) -- Crude palm oil inventory is expected to inch down in the second quarter (2Q) of the year, driven by stronger exports as buyers stock up amid uncertainty over the current ceasefire in West Asia.

RM3.5 Million Incentive To Support MSPO Certification For Oil Palm FFB Traders – Noraini

KUALA LUMPUR, April 11 (Bernama) -- The Ministry of Plantation and Commodities has introduced an incentive amounting to RM3.5 million in an effort to support oil palm fresh fruit bunches (FFB) traders in obtaining the Malaysian Sustainable Palm Oil (MSPO) certification.

CPO Futures To Trade Range-Bound On Profit-Taking Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, April 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to see profit-taking activity next week, with prices likely to trade between RM4,200 per tonne and RM4,300 per tonne, said a trader.

CPO Prices To Remain Elevated On Biodiesel Mandate, Higher Oil Prices -- CIMB Securities

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.

CPO Futures End Week Sharply Lower On Bearish MPOB Data

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.

Bursa Malaysia Edges Higher At Opening

KUALA LUMPUR, April 10 (Bernama) -- Bursa Malaysia opened slightly higher on Friday, taking cues from positive overnight Wall Street performance, ahead of the United States (US)-Iran ceasefire talks in Pakistan this weekend.

CPO Futures Snap Three-day Losses To Close Higher On Bargain Buying

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.

CPO Futures End Lower, Tracking Crude Oil Weakness

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.

CPO Futures Close Lower Despite Thailand’s Tighter Export Controls

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.