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Melewar Industrial Signs MoU With RusGrain Union To Secure Grain Supply

KUALA LUMPUR, Nov 8 (Bernama) – The Melewar Industrial Group Bhd has signed a memorandum of understanding (MoU) with the Russian Union of Grain Exporters (RusGrain Union) to secure a long-term grain supply, in response to the Malaysian government’s initiative to strengthen the nation’s food security sector.

SEA Partners With PMBK To Develop Biofuel Facility In Kelantan

KOTA BHARU, Nov 8 (Bernama) -- Standard Energy Asia (SEA) Sdn Bhd and Perbadanan Menteri Besar Kelantan (PMBK) have announced a strategic partnership to develop a state-of-the-art biofuel production facility near Tok Bali Port, Pasir Puteh, Kelantan.

CPO Futures Ends Higher Amid Weaker Production Outlook

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 7 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Thursday amid a weaker production outlook in Malaysia, a trader said.

CPO Futures Rally Above RM4,900 On Stronger Export Pace

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 6 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Wednesday as price rallied above RM4,900 per tonne for January 2025 benchmark contract, a trader said.

CPO Futures Ends Four-day Winning Streak To Close Lower

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 5 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended a four-day winning streak closing lower, taking the cue from the weakness in Chicago Board of Trade (CBOT) soybean oil futures, a dealer said.

Agro Snow Set To Transform Plant-Based Food Industry

KUALA LUMPUR, Nov 5 (Bernama) -- Global agri-commodity company Agrocorp International and Megmilk Snow Brand have partnered to invest in eco-friendly protein production, Agro Snow, in Johor Bahru. 

CPO Futures Rally On Higher Crude, Soybean Oil Prices

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives rallied to above RM4,900 per tonne for November and December 2024 contracts, supported by higher crude oil and soybean oil prices, a trader said.

CRH Develops Wind Farm To Support Romanian Cement Factory

KUALA LUMPUR, Nov 4 (Bernama) -- CRH, the provider of building materials solutions, has developed a new wind farm to provide renewable electricity to its Medgidia Cement Plant in Romania, the first of its kind in the country to exclusively power a cement plant.

Bursa Malaysia Ends Higher Lifted By Plantation, Construction Stocks

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 4 (Bernama) -- Bursa Malaysia closed at its intraday high on Monday, driven by bargain hunting in heavyweights with a focus on plantation and construction stocks.

CPO Futures To See Profit-taking Next Week Amid Bullish Rally

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Nov 2 (Bernama) -- The crude palm oil (CPO) futures market is expected to see profit-taking next week following a bullish rally, driven by aggressive buying from hedge funds, said Interband Group of Companies senior palm oil trader Jim Teh.

 

CPO Futures Hit Fresh 2-year High For Third Consecutive Day

KUALA LUMPUR, Nov 1 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Friday, reaching a fresh two-year high for the third consecutive day at above RM4,800 per tonne, amid rising crude oil prices, said palm oil trader David Ng.