KL Rubber Market Ends Week On A High, Boosted By Stable Oil Prices
KUALA LUMPUR, Feb 7 (Bernama) -- The Kuala Lumpur rubber market ended the week on a positive note, supported by stable benchmark crude oil prices, a dealer said.
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KUALA LUMPUR, Feb 7 (Bernama) -- The Kuala Lumpur rubber market ended the week on a positive note, supported by stable benchmark crude oil prices, a dealer said.
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 6 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Thursday for the second straight day, driven by weaker output expectations.
KUALA LUMPUR, Feb 6 (Bernama) -- BMI, a Fitch Solutions company, is expecting significant volatility in crude oil prices in the coming weeks and months as markets scramble to weigh the impact of United States (US) President Donald Trump’s new policy positions, not least regarding tariff measures.
KUALA LUMPUR, Feb 5 (Bernama) -- The Kuala Lumpur rubber market closed lower on Wednesday, pressured by declining regional rubber futures due to escalating US-China trade tensions, said a dealer.
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 4 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives fell on Tuesday, reversing the gains made the previous day.
KUALA LUMPUR, Feb 4 (Bernama) -- The Kuala Lumpur rubber market turned mixed on Tuesday, influenced by weaker regional rubber futures market performance and declining benchmark crude oil prices, a dealer said.
KUALA LUMPUR, Feb 4 (Bernama) -- The government, through the Plantation and Commodities Ministry (KPK), is committed to ensuring oil palm plantations have sufficient workforce so that production remains consistent and is not adversely affected.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Feb 3 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today, extending gains for the fifth consecutive day of trading on the back of stronger soybean oil and crude oil prices.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Feb 3 (Bernama) -- The Kuala Lumpur rubber market ended higher today, supported by steady benchmark crude oil prices and the weakening of the ringgit against the US dollar, said a dealer.
KUALA LUMPUR, Feb 3 (Bernama) -- There is room for the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) to bring back an average of 5.8 million barrels per day (bpd) of extra crude oil in the event of significant supply disruptions from Canada and Mexico, assuming a similar level of utilisation in the past, according to Rystad Energy.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Feb 1 (Bernama) -- Rubber market prices are expected to be trading at equilibrium next week, with supply and demand dynamics offsetting each other due to the incessant rains in rubber-producing countries and the long Chinese New Year (CNY) holidays, said industry expert Denis Low.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Jan 31 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives climbed for the fourth consecutive day of trading on Friday due to higher soybean oil prices as well as weaker production outlook in the coming weeks, a dealer said.