CPO Futures Close Lower On Weaker Crude Oil, Stronger Ringgit

KUALA LUMPUR, April 21 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today for the sixth straight day as weaker crude oil prices and a stronger ringgit against the US dollar were weighing down the market, said palm oil trader David Ng. 

CPO Futures To See Bearish Bias Next Week On Rising Output, Weak Market Sentiment

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 19 (Bernama) -- The crude palm oil (CPO) futures market is expected to trade with a bearish bias next week given the rising output and weak general market sentiment, said palm oil trader David Ng. 

CPO Futures End Lower As Concerns Over Rising Output Weigh On Market Sentiment

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 18 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) closed lower today for the fifth straight day, as concerns over rising output continued to pile pressure on prices.

Malaysia 1Q GDP Estimated To Expand 4.4 Pct, Driven By Domestic Activities, Steady Demand -- DOSM

KUALA LUMPUR, April 18 (Bernama) -- Malaysia's economy is forecast to grow by 4.4 per cent in the first quarter of 2025 (1Q 2025) based on advance estimates, easing from a five per cent expansion in the previous quarter, backed by domestic activities and steady demand, according to the Department of Statistics Malaysia (DOSM).

CPO Futures Close Lower, Weighed Down By Concerns Over Rising Output

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 17 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) closed lower for the fourth consecutive day today, pressured by concerns over rising output in the coming weeks. 

Rubber Market Ends Higher On Raw Materials Supply Shortage Concerns

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 17 (Bernama) -- The Malaysian rubber market ended higher today supported by raw materials supply shortage concerns due to wintering in major natural rubber (NR) producing countries and steady benchmark crude oil prices, a dealer said.

Lower Soybean Oil Prices, Rising Output Concerns Continue To Drag CPO Futures Lower

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 16 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) ended lower for the third straight day today, in line with lower soybean oil prices on the Chicago Board of Trade (CBOT). 

Mongolian Mining Reports First Quarter Operational Update

KUALA LUMPUR, April 16 (Bernama) -- Mongolian Mining Corporation, the largest internationally listed private mining company in Mongolia, has released its unaudited operational update for the quarter ended March 31.

CPO Futures End Lower On Weaker Soybean Oil Prices

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 15 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) ended lower for the second straight day today, tracking weakness in soybean oil futures on both the Chicago Board of Trade (CBOT) and the Dalian Commodity Exchange. 

CPO Futures End Lower On Concerns Over Weaker Demand, Rising Output

KUALA LUMPUR, April 14 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower today, weighed down by concerns over weak demand and rising output in coming weeks. 

CMS Plans Second Clinker Line To Double Cement Output

KUCHING, April 12 (Bernama) -- Cahya Mata Cement Sdn Bhd, a wholly-owned subsidiary of Cahya Mata Sarawak Bhd (CMS), is seeking approval from the Sarawak government to commence the development of a new facility, Clinker Line 2, in Mambong, here.

Malaysia's IPI Rises 1.5 Pct Y-O-Y In February 2025 – DOSM

KUALA LUMPUR, April 11 (Bernama) -- Malaysia’s Industrial Production Index (IPI) increased by 1.5 per cent year-on-year in February 2025, driven by a rise in the manufacturing sector, according to the Statistics Department Malaysia (DOSM).