KUALA LUMPUR, Jan 14 (Bernama) -- The average crude palm oil (CPO) price surged by 9.7 per cent to RM4,179.50 per tonne last year from RM3,809.50 per tonne in 2023, according to Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.
KUALA LUMPUR, Jan 14 (Bernama) -- Malaysia’s palm oil exports are expected to increase by 2.4 per cent to 17.30 million tonnes in 2025 from 16.90 million tonnes in 2024, according to the Malaysian Palm Oil Board (MPOB).
KUALA LUMPUR, Jan 13 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher today, extending its gains from last Friday.
KUALA LUMPUR, Jan 13 (Bernama) -- Malaysia’s wholesale and retail trade sector grew by 4.7 per cent year-on-year to achieve sales of RM149.3 billion in November 2024, the second-highest monthly sales achieved so far for the year, according to the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, Jan 13 (Bernama) -- Crude palm oil (CPO) prices are expected to remain elevated in the first half of 2025 (1H 2025), trading between RM4,400 and RM4,800 per tonne, before moderating in the second half (2H 2025) to MYR4,000-RM4,400 per tonne during the seasonal peak.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Jan 11 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a bullish bias next week, according to palm oil dealer David Ng.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Jan 10 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Friday, driven by a bullish report from the Malaysian Palm Oil Board (MPOB), said palm oil dealer David Ng.
KUALA LUMPUR, Jan 10 (Bernama) -- Malaysia’s palm oil exports in December 2024 fell 9.97 per cent to 1.34 million tonnes from 1.49 million tonnes in the preceding month, according to the Malaysian Palm Oil Board (MPOB).
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Jan 9 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives continued to close lower on Thursday, weighed down by massive losses in palm olein futures contracts on the Dalian Commodity Exchange (DCE) and soybean oil contracts, said Fastmarkets Palm Oil Analytics senior analyst Sathia Varqa.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Jan 8 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Wednesday, as market sentiment and fundamentals remained uncertain, said Fastmarkets Palm Oil Analytics senior analyst Sathia Varqa.
KUALA LUMPUR, Jan 7 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Tuesday on the expectation of weaker output in the coming weeks, said palm oil dealer David Ng.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Jan 6 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Monday, as concern over weak exports continued to pressure prices, said palm oil dealer David Ng.
