1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- Crude palm oil (CPO) prices are expected to remain elevated in the first half of 2025 (1H 2025), trading between RM4,400 and RM4,800 per tonne, before moderating in the second half (2H 2025) to MYR4,000-RM4,400 per tonne during the seasonal peak.
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Jan 9 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives continued to close lower on Thursday, weighed down by massive losses in palm olein futures contracts on the Dalian Commodity Exchange (DCE) and soybean oil contracts, said Fastmarkets Palm Oil Analytics senior analyst Sathia Varqa.
1y ago
KUALA LUMPUR, Jan 2 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects crude palm oil (CPO) average selling prices (ASP) to range between RM4,500 and RM5,000 per tonne in the first quarter of 2025 (1Q 2025).
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Dec 31 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on the last trading day of 2024, due to the upcoming implementation of Indonesia’s biofuel programme in January, following the recent rally in CPO prices, a dealer said.
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 20 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended their decline for the fifth consecutive day, pressured by concerns over weak exports, said palm oil trader David Ng.
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 18 (Bernama) – The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower on Wednesday, said palm oil trader David Ng.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 5 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher due to concerns over weaker production caused by recent floods in Malaysia.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 4 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives reversed yesterday’s gains to end lower today in anticipation of sluggish export demand.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 2 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower today as weaker exports weighed down market sentiment.
1y ago
KUALA LUMPUR, Nov 27 (Bernama) -- IOI Corp Bhd’s operating profit remains stable amid the uncertainty in the downstream sub-segment, driven by the low cost of production among its peers, circa RM2,300-RM2,600 per tonne, MIDF Amanah Investment Bank Bhd said.
1y ago
KUALA LUMPUR, Nov 26 (Bernama) -- TH Plantations Bhd’s (THP) net profit for the third quarter (3Q) of 2024 rose to RM21.55 million from RM17.55 million last year.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Nov 18 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Monday following a recent price rally due to concerns about weak demand in the coming weeks, a dealer said.