CPO Futures End Higher On Firm Exports, Stronger China Prices
By K. Naveen Prabu
KUALA LUMPUR, July 11 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher today, supported by firm export performance.
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By K. Naveen Prabu
KUALA LUMPUR, July 11 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher today, supported by firm export performance.
KUALA LUMPUR, July 11 (Bernama) -- MIDF Amanah Investment Bank Bhd has maintained its “Neutral” call for the palm oil sector with an average crude palm oil (CPO) target price of RM4,100 per tonne for 2025.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, July 11 (Bernama) -- ASEAN must demand reciprocal market access from major trading partners such as the European Union (EU) and China, especially in sectors like palm oil, halal products and electric vehicle (EV) battery minerals, to safeguard its regional trade stability amid rising global protectionism, an analyst said.
By K. Naveen Prabu
KUALA LUMPUR, July 10 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today, as concerns over rising stocks weighed on sentiment following the release of the Malaysian Palm Oil Board’s (MPOB) latest data.
KUALA LUMPUR, July 10 (Bernama) -- Malaysia’s palm oil exports eased by 10.52 per cent month-on-month (m-o-m) to 1.26 million tonnes in June from 1.41 million tonnes in May, according to the Malaysian Palm Oil Board (MPOB).
By K. Naveen Prabu
KUALA LUMPUR, July 9 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today, buoyed by expectations of stronger exports in the weeks ahead.
By K. Naveen Prabu
KUALA LUMPUR, July 8 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today, supported by expectations of stronger exports in the coming weeks.
PETALING JAYA, July 8 (Bernama) -- The United States’ (US) move to impose a higher tariff of 25 per cent on Malaysia means that American importers of Malaysian palm oil products will have to bear the extra cost, according to Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.
PETALING JAYA, July 8 (Bernama) -- Malaysian palm oil products are experiencing rising demand for industrial applications, particularly in food processing from the Sub-Saharan African region, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.
By K. Naveen Prabu
KUALA LUMPUR, July 4 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower today, tracking weaker palm olein prices on China’s Dalian Commodity Exchange.
By K. Naveen Prabu
KUALA LUMPUR, July 3 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended mostly higher today, supported by expectations of weaker production and firm export demand.
KUALA LUMPUR, July 3 (Bernama) -- Genting Plantations Bhd (GENP) is seeing strong property sales in Johor due to investor interest in the Johor-Singapore Special Economic Zone (JS-SEZ).