CPOPC Welcomes Papua New Guinea As Its Fourth Member Country

KUALA LUMPUR, Jan 2 (Bernama) -- The Council of Palm Oil Producing Countries (CPOPC) has welcomed Papua New Guinea as its fourth member country, according to a statement from the CPOPC.

Maybank IB: CPO Prices Seen At RM4,500–RM5,000 In 1Q 2025

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).

CPO Futures Close Lower Over Indonesia's Biofuel Programme Implementation

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.

CPO Futures Close Lower Due To Profit Taking From Recent Rally

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 30 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Monday, reversing earlier gains as traders booked profit amid the recent price rally, said a dealer.

CPO Futures May Be Supported By Weaker Output, Lower Stocks Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Dec 28 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a bullish bias next week due to weaker output and lower stock levels, according to palm oil trader David Ng.

Better-than- Expected Export Forecast Lifts CPO Futures

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Dec 27 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives rebounded to close higher on Friday due to a better-than-expected export forecast.

CPO Futures Close Lower Amid Concerns Over Weaker Demand

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Dec 26 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Thursday following concerns over weaker demand in the coming weeks, which might raise the overall stock level in the country, said a dealer.

CPO Futures End Mixed Amid Higher Vegetable Oil Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Dec 24 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives reversed earlier losses to close mixed, following a volatile trading session, said Fastmarkets Palm Oil Analytics senior analyst Sathia Varqa.

CPO Futures End Higher On Rebound In Global Oil Markets

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Dec 23 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Monday supported by the rebound of soybean oil in the Dalian Commodity Exchange and Zhengzhou Commodity Exchange rapeseed oil futures, said a trader.

CPO Market To Trade In Yo-yo Mode next Week Amid Holiday, Production Concerns

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 21 (Bernama) -- The crude palm oil (CPO) market is expected to experience yo-yo price movements next week due to a shortened trading week, said Interband Group of Companies senior palm oil trader Jim Teh.

CPO Market Declines For Fifth Day Amid Weak Exports, Soybean Oil Pressure

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.

CPO Futures Close Mostly Lower In Sync With Weaker Soybean Oil Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Dec 19 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended mostly lower on Thursday in line with the weaker soybean oil performance on the Chicago Board of Trade (CBOT), said palm oil trader David Ng.