CPO Futures Close Lower In Absence Of Market-moving News

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Jan 14 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives traded lower today in the absence of fresh market-moving news. 

CGS International Maintains CPO Price At RM4,000 Per Tonne In 2025

KUALA LUMPUR, Jan 14 (Bernama) -- CGS International Securities Malaysia Sdn Bhd has maintained its crude palm oil (CPO) price forecast for 2025, premised on higher year-on-year (y-o-y) CPO production and demand rationing.

MPIC To Focus On Mechanisation, Automation To Overcome Tight Labour Supply

KUALA LUMPUR, Jan 14 (Bernama) -- The Ministry of Plantation and Commodities (MPIC) aims to focus on mechanisation and automation to overcome the tight labour supply for the palm oil industry. 

Bursa Malaysia's 4Q Net Profit Expected To Be Weaker On Lower Datv -- Aminvestment Bank

KUALA LUMPUR, Jan 14 (Bernama) -- Bursa Malaysia Bhd’s net profit for the fourth quarter (4Q) ended Dec 31, 2024, is expected to be weaker than that in 3Q 2024 due to a lower daily average trading value (DATV) for the securities market, according to AmInvestment Bank Bhd.

Malaysia's Average CPO Price 9.7 Pct Up In 2024 To RM4,179.50 Per Tonne

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.

Malaysia's Palm Oil Exports Set To Grow By 2.4 Pct To 17.3 Mln Tonnes In 2025 - MPOB

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). 

Malaysia’s ASEAN Chairmanship Strengthens Palm Oil Trade And Regional Cooperation -- MPOB

PUTRAJAYA, Jan 14 (Bernama) -- The palm oil trade is a cornerstone of ASEAN’s economic activity, and Malaysia is committed to leveraging regional frameworks such as the Regional Comprehensive Economic Partnership (RCEP) and ASEAN’s Free Trade Agreements (FTAs) with countries like South Korea, Australia and New Zealand.

CPTPP Secures Tariff-free Access To UK Market For Malaysian Palm Oil And Products - Malaysian Envoy

LONDON, Jan 14 (Bernama) – Malaysian products, particularly palm oil, are expected to benefit from tariff-free access in the United Kingdom (UK) under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade agreement.

CPO Futures Extend Gains Driven By Stronger Vegetable Oil Market In China

KUALA LUMPUR, Jan 13 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher today, extending its gains from last Friday.

Malaysia To Position Pakistan As Palm Oil Hub For Central Asia – MPOB

By Nurul Hanis Izmir

PUTRAJAYA, Jan 13 (Bernama) -- Malaysia is keen to position Pakistan as a strategic distribution hub for palm oil exports to Central Asia, capitalising on the country's strategic location and its proximity to emerging high-growth markets, the Malaysian Palm Oil Board (MPOB) said.

Wholesale And Retail Trade Up 4.7 Pct In November 2024 With RM149.3 Bln Sales

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).

CPO Prices To Remain Elevated In 1H 2025 - Analysts

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.