1y ago
KUALA LUMPUR, April 2 (Bernama) -- Palm oil prices are expected to stabilise in the near term, driven by a recovery in production and demand from key importing markets such as India, according to the Malaysian Palm Oil Council (MPOC).
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 25 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its decline for the third consecutive day on Tuesday, weighed down by mounting concerns over weak demand in the coming weeks amid the availability of cheaper vegetable oil alternatives, said palm oil trader David Ng.
1y ago
KUALA LUMPUR, March 17 (Bernama) -- The crude palm oil (CPO) prices are projected to fluctuate between RM4,400 and RM4,600 per tonne in March 2025, influenced by increased competition from abundant and competitively priced soybean oil in the global market.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, March 17 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Monday amid expectations of higher production and weaker export pace in coming weeks, said palm oil trader David Ng.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, March 13 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher, tracking the stronger soybean oil prices, said palm oil trader David Ng.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, March 12 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed mostly higher due to stronger soybean oil prices, said palm oil trader David Ng.
1y ago
KUALA LUMPUR, March 11 (Bernama) -- Kenanga Research has maintained its “overweight” rating on the plantation sector, citing strong crude palm oil (CPO) prices and a persistent global supply deficit despite weaker exports.
1y ago
KUALA LUMPUR, Feb 24 (Bernama) -- Gamalux has reached a significant milestone with the construction of its new plant at Pulau Indah, which is progressing on schedule and is expected to be completed in the second quarter of 2025.
1y ago
KUALA LUMPUR, Feb 25 (Bernama) -- Bursa Malaysia Derivatives recorded an all-time high of 22.75 million contracts traded across all products in 2024, up 19 per cent from 19.11 million contracts in 2022, said Bursa Malaysia Bhd chairman Tan Sri Abdul Wahid Omar.
1y ago
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.
1y ago
KUALA LUMPUR, Feb 13 (Bernama) -- The Council of Palm Oil Producing Countries (CPOPC) forecasts an increase in palm oil production this year across Malaysia, Indonesia, Honduras, and Papua New Guinea compared to 2024 levels.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 5 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives rebounded to close higher, driven by gains in soybean oil and market optimism over India’s renewed palm oil purchases to replenish stocks.