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BANGI, Nov 14 (Bernama) -- Projected changes in the United States' (US) trade policy are not expected to significantly impact the country's palm oil sector following Donald Trump's victory in the recent US presidential election, the Malaysian Palm Oil Board (MPOB) said today.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Nov 13 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Wednesday, reversing recent gains as a slowdown in exports weighed on prices, a dealer said.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Nov 12 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives snapped a four-day winning streak to end lower today as a weaker export pace weighed on prices, said a dealer.
KUALA LUMPUR, Nov 12 (Bernama) -- RHB Investment Bank Bhd (RHBIB) has upgraded its recommendation on the plantation sector to “overweight” from “neutral,” given the higher crude palm oil (CPO) prices, which have crossed RM5,000 per tonne, amidst a blend of fundamental and speculative factors.
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 7 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Thursday amid a weaker production outlook in Malaysia, a trader said.
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 5 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended a four-day winning streak closing lower, taking the cue from the weakness in Chicago Board of Trade (CBOT) soybean oil futures, a dealer said.
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives rallied to above RM4,900 per tonne for November and December 2024 contracts, supported by higher crude oil and soybean oil prices, a trader said.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 2 (Bernama) -- The crude palm oil (CPO) futures market is expected to see profit-taking next week following a bullish rally, driven by aggressive buying from hedge funds, said Interband Group of Companies senior palm oil trader Jim Teh.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 30 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Wednesday, reaching a 28-month high, said Fastmarket Palm Oil Analytics senior analyst Sathia Varqa.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 28 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today, extending its losses from last Friday, as lower crude oil and soybean oil prices continue to weigh on sentiment, said a palm oil trader.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 25 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Friday, reversing a significant portion of the gains achieved in previous days, a trader said.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 23 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives rallied to a two-year high, driven by expectations of weak production and lower stock levels in both Malaysia and Indonesia, a trader said.
