8m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, April 28 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower today, weighed down by the anticipation of rising output in coming weeks and weaker soybean oil prices, said palm oil trader David Ng.
8m ago
KUALA LUMPUR, April 28 (Bernama) -- Bursa Malaysia Bhd’s net profit for the first quarter ended March 31, 2025 (1Q 2025), fell to RM68.42 million compared with RM75.03 million reported in the previous corresponding quarter.
9m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, April 26 (Bernama) -- The crude palm oil (CPO) futures market is expected to trade on a bullish note next week, driven by a price discount relative to soybean oil, which could spark increased buying interest, according to trader David Ng.
9m ago
By Rosemarie Khoo
KUALA LUMPUR, April 24 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed marginally lower today due to concerns over rising output in the coming weeks, said palm oil trader David Ng.
9m ago
KUALA LUMPUR, April 23 (Bernama) -- Uganda is seeking Malaysian investments in its energy and mineral sectors, with key opportunities in oil refining, critical minerals, and clean energy infrastructure, said its Energy and Mineral Development Minister Ruth Nankabirwa.
9m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, April 22 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today on stronger soybean oil and crude oil prices, said palm oil trader David Ng.
9m ago
KUALA LUMPUR, April 22 (Bernama) -- Palm oil prices are expected to remain supported at RM3,900 per tonne in the coming weeks, underpinned by the recovery in soybean oil prices, which enhances palm oil’s price competitiveness, according to the Malaysian Palm Oil Council (MPOC).
9m ago
KUALA LUMPUR, April 21 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today for the sixth straight day as weaker crude oil prices and a stronger ringgit against the US dollar were weighing down the market, said palm oil trader David Ng.
9m ago
KUALA LUMPUR, April 21 (Bernama) -- Malaysia must diversify its palm oil markets to reduce dependency on any single export destination for the commodity, in light of the tariff challenges posed by the United States (US).
9m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 19 (Bernama) -- The crude palm oil (CPO) futures market is expected to trade with a bearish bias next week given the rising output and weak general market sentiment, said palm oil trader David Ng.
9m ago
KUALA LUMPUR, April 19 (Bernama) -- In the calculus of international trade, perception is power. Nowhere is this more evident than in the way the United States (US) calculates and presents its trade deficit.
9m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 18 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) closed lower today for the fifth straight day, as concerns over rising output continued to pile pressure on prices.