CPO Futures Slide Amid Weak Export Estimates
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 20 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Thursday.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 20 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Thursday.
KUALA LUMPUR, Feb 20 (Bernama) -- Malaysia’s trade recorded the 13th successive month of year-on-year growth in January 2025, rising 3.1 per cent to RM241.95 billion compared to January 2024, said the Ministry of Investment, Trade and Industry (MITI) today.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 19 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Wednesday, driven by stronger soybean oil prices on the Chicago Board of Trade and firm crude oil prices, an analyst said.
KUALA LUMPUR, Feb 19 (Bernama) -- Bursa Malaysia Derivatives Bhd hit a new milestone last year with 18.95 million crude palm oil futures (FCPO) contracts traded, up 17 per cent over the previous record of 16.21 million contracts in 2023.
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.
PUTRAJAYA, Feb 18 (Bernama) -- Bumiputera companies in the local timber industry need to collaborate with non-Bumiputera companies to expand their market share and strengthen their competitiveness, said the Minister of Plantation Industries and Commodities Datuk Seri Johari Abdul Ghani.
PUTRAJAYA, Feb 18 (Bernama) -- The export value of timber products increased 4.9 per cent to RM22.9 billion last year, compared to 2023, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.
KUALA LUMPUR, Feb 18 (Bernama) – Total trade between Malaysia and Bahrain expanded to RM1.19 billion (US$260 million) in 2024, compared to RM1.5 billion (US$330 million) in 2023.
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.
KUALA LUMPUR, Feb 17 (Bernama) -- Johor Plantations Group Bhd (JPG) recorded a higher net profit of RM257.32 million for the financial year ended Dec 31, 2024 (FY2024), up from RM167.31 million a year ago.
KUALA LUMPUR, Feb 17 (Bernama) -- Bursa Malaysia was weighed down by continuous selling in selected heavyweights at midday, led by the financial services and utilities sectors.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Feb 15 (Bernama) --Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade slightly lower next week due to recent export weakness, said palm oil trader David Ng.