1y 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.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, April 21 (Bernama) -- The Malaysian rubber market closed mixed today amid higher regional rubber futures market and a firmer ringgit versus the US dollar, said a dealer.
1y 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.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 19 (Bernama) -- The Malaysian rubber market is expected to remain quiet next week, with a downward bias amid ongoing global uncertainties, said industry expert Denis Low.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 17 (Bernama) -- The Malaysian rubber market ended higher today supported by raw materials supply shortage concerns due to wintering in major natural rubber (NR) producing countries and steady benchmark crude oil prices, a dealer said.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 16 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) ended lower for the third straight day today, in line with lower soybean oil prices on the Chicago Board of Trade (CBOT).
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 15 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) ended lower for the second straight day today, tracking weakness in soybean oil futures on both the Chicago Board of Trade (CBOT) and the Dalian Commodity Exchange.
1y ago
KUALA LUMPUR, April 14 (Bernama) -- The Malaysian rubber market ended higher today, supported by ongoing concerns over raw material supply shortage due to weather conditions and wintering in major natural rubber (NR) producing countries, a dealer said.
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, April 12 (Bernama) -- The Malaysian rubber market is expected to trade sideways in the coming week with prices likely to track regional rubber futures and benchmark crude oil prices amid ongoing United States (US)-China trade tensions, said the Malaysian Rubber Glove Manufacturers Association (MARGMA).
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, April 10 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Friday, supported by firmer soybean oil and crude oil prices, said palm oil trader David Ng.
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, April 11 (Bernama) -- The Malaysian rubber market ended slightly firmer today, supported by steady benchmark crude oil prices and an uptick in regional rubber futures led by gains in Shanghai rubber futures, a dealer said.
1y ago
KUALA LUMPUR, April 11 (Bernama) -- Palm oil stock level will likely rise further in April 2025 on the back of weak crude oil prices, an absence of festive-driven demand and natural cyclical patterns.