CPO Futures Expected To Trade Cautiously Next Week Amid Profit-Taking

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 24 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade cautiously next week as profit-taking is likely to emerge, despite higher energy prices amid the ongoing tensions in West Asia.

Bursa Malaysia Likely To Stage Recovery Next Week On Bargain Hunting

KUALA LUMPUR, Oct 24 (Bernama) -- Bursa Malaysia is likely to trend upwards next week, with the benchmark index expected to trade within the 1,600-1,620 range amid a recovery in investors' risk appetite, said an analyst. 

CPO Futures Extend Gains On Stronger Export Demand

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 23 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended their gains on Friday, supported by stronger export demand.

Rubber Market Ends Higher On Stronger EU Car Sales

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 23 (Bernama) -- The Kuala Lumpur rubber market ended higher on Friday, supported by stronger European Union (EU) car sales in September amid mixed movements in regional rubber futures markets, said a dealer.

CPO Futures End Higher On Firmer Soybean Oil Futures, Export Outlook

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 22 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Thursday, tracking firmer soybean oil futures on the Chicago Board of Trade (CBOT), while stronger palm oil export estimates lent further support to market sentiment.

KL Rubber Market Closes Mixed Amid Regional Gains

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 22 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Thursday, as firmer regional rubber futures supported sentiment, while subdued demand from China’s tyre manufacturing sector capped further upside, a dealer said.

CPO Prices To Stay Above RM4,600 Per Tonne In November -- MPOC

KUALA LUMPUR, Oct 22 (Bernama) -- Crude palm oil (CPO) prices are expected to remain firm above RM4,600 per tonne in November, supported by seasonal production declines and sustained biodiesel consumption, said the Malaysian Palm Oil Council (MPOC).

Ringgit Opens Higher Vs US Dollar, Major Currencies

KUALA LUMPUR, Oct 22 (Bernama) -- The ringgit opened higher against the US dollar and most major currencies on Thursday as the greenback remained under pressure ahead of next week's Federal Open Market Committee (FOMC) meeting.

CPO Futures End Lower Amid Weaker Soybean Oil Prices

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 21 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower on Wednesday, as weaker soybean oil prices weighed on market sentiment.

CPO Futures Close Higher On Stronger Crude, Vegetable Oil Prices

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 20 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Tuesday, supported by stronger crude oil and vegetable oil prices.

Kuala Lumpur Rubber Market Ends Firmer In Line With Regional Gains

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 20 (Bernama) -- The Kuala Lumpur rubber market ended firmer on Tuesday, supported by gains in regional rubber futures markets coupled with steady benchmark crude oil prices, said a dealer.

CPO Export Tax Waiver Seen As Timely To Address Excess Supply

KUALA LUMPUR, Oct 20 (Bernama) -- Malaysia’s proposed crude palm oil (CPO) export tax waiver of 10 per cent for November is seen as a timely measure to address excess supply and improve export competitiveness, said Public Investment Bank Bhd (PIVB).