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KUALA LUMPUR, April 24 (Bernama) - The Malaysian Palm Oil Council (MPOC) anticipates crude palm oil (CPO) prices to remain supported at RM4,500 per tonne in the near term, backed by stronger biodiesel economics, elevated crude oil prices, and a possible onset of El Niño.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 24 (Bernama) -- The ringgit edged higher against the US dollar and other major currencies in early trade on Friday, supported by resilient Malaysia trade data for March.
By Siti Noor Afera Abu
KUALA LUMPUR, April 23 (Bernama) -- The ringgit ended mixed against a basket of currencies on Thursday, as investors continued to buy safe-haven assets.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 23 (Bernama) -- The ringgit opened lower against the US dollar on Thursday, weighed by cautious sentiment as traders awaited clearer outcomes from ongoing United States-Iran negotiations.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, April 22 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continue to close higher on Wednesday, supported by strong performance in related vegetable oils on the Chicago Board of Trade (CBOT) and Dalian Commodity Exchange (DCE).
By Siti Noor Afera Abu
KUALA LUMPUR, April 22 (Bernama) -- The ringgit closed slightly weaker against the US dollar on Wednesday as investors shifted towards safe-haven assets, while trading mostly higher against other major and regional currencies.
KUALA LUMPUR, April 22 (Bernama) -- Bursa Malaysia’s benchmark index ended the morning trading session lower, weighed by continued selling interest in heavyweights, and in line with downbeat regional markets.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 22 (Bernama) -- The ringgit opened almost flat against the US dollar on Wednesday as market sentiment remained cautious following news that the United States-Iran ceasefire, originally expected to expire today, has been extended to allow negotiations with Iran to conclude.
By Siti Noor Afera Abu
KUALA LUMPUR, April 21 (Bernama) -- The ringgit strengthened against the US dollar and other major currencies at Tuesday’s close, despite a firmer US Dollar Index, as investors closely monitored developments and anticipated the outcome of ongoing negotiations between the United States and Iran.
KUALA LUMPUR, April 21 (Bernama) -- BMI, a unit of Fitch Solutions, has maintained its average annual palm oil price forecast for 2026 at RM4,300 per tonne.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 21 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday as market participants are likely to focus on negotiations between the United States and Iran, with the two-week ceasefire, which commenced on April 7, set to expire on Wednesday.
KUALA LUMPUR, April 20 (Bernama) -- Lotte Chemical Titan Holding Bhd’s wholly owned subsidiary, Lotte Chemical Titan (M) Sdn Bhd (LCTM), and its Indonesian subsidiary, PT Lotte Chemical Indonesia (LCI), have entered into a contract for the sale of naphtha worth US$25.29 million (US$1=RM3.90).
