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 Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, March 20 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed mostly higher on Thursday, tracking expectations of lower output in coming weeks due to the current flood situation in Johor, 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 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
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
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, March 7 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives rose on Friday amidst positive market sentiment, with prices surpassing RM4,600 per tonne for the May 2025 benchmark contract, a trader said.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, March 5 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives rose on Wednesday due to positive market sentiment, with prices surpassing RM4,400 per tonne for the May 2025 benchmark contract, a trader said.
1y ago
KUALA LUMPUR, March 1 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trend lower next week, tracking sluggish export performance, said palm oil trader David Ng.
1y ago
By Anas Abu Hassan
KUALA LUMPUR, Feb 27 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives retreated from yesterday's gain to close lower today dragged by weakness in rival oils amid a discouraging outlook, according to an analyst.
1y ago
KUALA LUMPUR, Feb 25 (Bernama) -- IOI Corporation Bhd’s (IOI Corp) net profit fell by two-thirds to RM111.1 million in the second quarter ended Dec 31, 2024 (2Q FY2025) from RM335.4 million in the year-ago quarter despite a stronger contribution from the plantation segment.
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.