1y ago
KUALA LUMPUR, Jan 2 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its loss to close lower on Thursday as a delay in the implementation of Indonesia’s B40 biodiesel programme caused market uncertainty, a dealer said.
1y ago
KUALA LUMPUR, Jan 2 (Bernama) -- The local rubber market closed lower on Thursday, in tandem with the downtrend in the regional rubber futures market due to the impact of US economic policies, said a dealer.
1y ago
KUALA LUMPUR, Jan 2 (Bernama) -- AmInvestment Bank Bhd projects that mandatory Employees Provident Fund (EPF) contributions for non-citizen employees could channel up to RM1.7 billion in additional annual inflows into Malaysia’s domestic equity market.
1y ago
KUALA LUMPUR, Jan 2 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects crude palm oil (CPO) average selling prices (ASP) to range between RM4,500 and RM5,000 per tonne in the first quarter of 2025 (1Q 2025).
1y ago
KUALA LUMPUR, Jan 2 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects Brent crude oil prices to be volatile and weaker this year, averaging at US$70 per barrel compared to US$80 per barrel last year.
1y ago
KUALA LUMPUR, Jan 2 (Bernama) -- Bursa Malaysia’s benchmark index started the year on a subdued note, tracking the overnight decline in the US market.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Dec 31 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on the last trading day of 2024, due to the upcoming implementation of Indonesia’s biofuel programme in January, following the recent rally in CPO prices, a dealer said.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Dec 30 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Monday, reversing earlier gains as traders booked profit amid the recent price rally, said a dealer.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Dec 30 (Bernama) -- The local rubber market closed positive on Monday, supported by the uptrend in regional rubber futures markets, following expectations of improved Chinese economic data from additional stimulus, a dealer said.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Dec 28 (Bernama) -- The rubber market is expected to be trading range-bound with a downside bias next week as demand seems to be sluggish during the holiday season, said industry expert Denis Low.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Dec 28 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a bullish bias next week due to weaker output and lower stock levels, according to palm oil trader David Ng.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Dec 27 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives rebounded to close higher on Friday due to a better-than-expected export forecast.