CPO Futures End Lower, Tracking Weaker Soybean Oil Prices

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 20 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower today, tracking losses in soybean oil on the Chicago Board of Trade (CBOT), said palm oil trader David Ng.

LFG Unit To Acquire Vessel For US$13.25 Mln

KUALA LUMPUR, Aug 20 (Bernama) -- Lianson Fleet Group Bhd’s (LFG) indirect wholly-owned subsidiary Kangsar Corporation Pte Ltd has entered into a memorandum of agreement to acquire a vessel MV Moana BAQ for a cash consideration of US$13.25 million (RM55.95 million). 

CPO Futures Close Lower As High Prices Weigh On Demand

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 19 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended its rally and closed lower on Tuesday, as the recent sharp price increase is likely to deter further demand, said palm oil trader David Ng.

MPOC Expects CPO Prices To Hold Above RM4,300 Per Tonne In Near Term

KUALA LUMPUR, Aug 19 (Bernama) -- Crude palm oil (CPO) prices are expected to hold above RM4,300 per tonne in the near term despite price fluctuations, according to the Malaysian Palm Oil Council (MPOC).

DIC Corporation Opens World-First HACCP-Compliant Coatings Plant In Indonesia

KUALA LUMPUR, Aug 19 (Bernama) -- DIC Corporation, a chemical manufacturer and the core of the DIC Group, has established a new production facility for coatings suitable for direct food contact materials on the site of a plant belonging to PT DIC Graphics, a wholly owned subsidiary located in Jakarta, Indonesia.

Rising Cocoa Prices Spark Strong Return Potential For Growers -- LKM

KUCHING, Aug 19 (Bernama) -- World cocoa prices are currently on the rise, thus making the crop a commodity with high potential to generate lucrative returns.

Bursa Malaysia Higher At Midday

KUALA LUMPUR, Aug 19 (Bernama) -- Bursa Malaysia ended the morning session higher, supported by persistent buying in selected utilities, as well as industrial products and services counters, amid cautious sentiment in the regional markets, said an analyst.

CPO Futures Extend Gains On Export Demand, Weak Output

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 18 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) extended gains on Monday, closing higher on firm export demand and slower production growth.

Felcra Posts RM178 Mln Profit, To Disburse Rm101 Mln As First Interim Distributable Income

PASIR SALAK, Aug 17 (Bernama) -- Felcra Bhd has recorded a profit of RM178 million for up to April 2025, showing an increase compared to the previous year.

CPO Futures Expected To Trade Lower On Technical Correction Next Week

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Aug 16 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade lower on a technical correction between the range of RM3,800 per tonne and RM3,950 per tonne, said Interband Group of Companies senior palm oil trader Jim Teh.

CPO Futures Close Higher On Stronger Export Data

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Aug 15 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) ended higher on Friday, buoyed by stronger export performance as outlined by cargo surveyors, said palm oil trader David Ng.

Local Latex Production Still Unable To Meet Industry Demand -- KPK

KUALA LUMPUR, Aug 14 (Bernama) -- Domestic latex production still falls short of fulfilling the demands of the latex-based product industry, which represents 75 per cent of the country’s rubber-based product exports.