Short-Term Rates End Steady On BNM Operations

KUALA LUMPUR, Feb 14 (Bernama) -- Short-term interbank rates closed steady today following Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system. 

Malaysia’s Economy Grows 5.1 Pct in 2024, In Line With Govt's Target

KUALA LUMPUR, Feb 14 (Bernama) -- The Malaysian economy grew by 5.1 per cent in 2024, up from 3.6 per cent in 2023, aligning with the government’s target of 4.8 per cent to 5.3 per cent year-on-year.

CPO Futures Decline On Weak Demand Concerns

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Feb 13 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives fell on Thursday, dragged down by concerns over weak demand in the coming weeks, a dealer said.

Malaysia's Natural Rubber Production Fell 5.1 Pct In December 2024 To 38,299 Tonnes -- DOSM

KUALA LUMPUR, Feb 13 (Bernama) -- Malaysia’s natural rubber (NR) production fell 5.1 per cent to 38,299 tonnes in December 2024, compared to 40,341 tonnes in November 2024, according to the Department of Statistics Malaysia (DOSM).

CPOPC Forecasts Modest 2025 Growth In Palm Oil Production

KUALA LUMPUR, Feb 13 (Bernama) -- The Council of Palm Oil Producing Countries (CPOPC) forecasts an increase in palm oil production this year across Malaysia, Indonesia, Honduras, and Papua New Guinea compared to 2024 levels.

Downstream Agricommodity Sector Records GDP Of RM30.1 Bln Up To 3Q 2024

KUALA LUMPUR, Feb 12 (Bernama) -- The downstream agricommodity sector recorded a gross domestic product (GDP) of RM30.1 billion in the first three quarters of last year, an increase of 6.7 per cent compared to the same period in 2023.

ClearDox Named To Chartis Energy50 Rankings For 2025

KUALA LUMPUR, Feb 12 (Bernama) -- ClearDox, a provider of intelligent workflow applications for the commodities industry, has been named to the highly esteemed Chartis Energy50 rankings for 2025.

CPO Futures May See Slight Downtrend Next Week On Profit-taking

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 8 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trend slightly lower next week as traders engage in profit-taking following the recent price rally, said palm oil trader David Ng.

CPO Futures Rise Above RM4,500 A Tonne On Supply Concerns, Pre-Ramadan Demand

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 7 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Friday, with the April 2025 benchmark contract surpassing RM4,500 per tonne, driven by concerns over weak output and anticipated demand ahead of Ramadan.

CPO Futures Extend Gains On Weaker Output Outlook

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 6 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Thursday for the second straight day, driven by weaker output expectations.

CPO Futures Rebound On Soybean Oil Gains, India’s Renewed Purchases

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 5 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives rebounded to close higher, driven by gains in soybean oil and market optimism over India’s renewed palm oil purchases to replenish stocks.

CPO Futures Decline Amid Weaker Soybean, Crude Oil Prices

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 4 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives fell on Tuesday, reversing the gains made the previous day.