3d ago
KUALA LUMPUR, Oct 21 (Bernama) -- The Malaysian Palm Oil Council (MPOC) expects palm oil prices to remain steady above RM4,400 per tonne towards end of 2025, amid weak crude oil prices and high vegetable oil inventories in major consuming markets such as China and India.
14d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 10 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives snapped a three-day winning streak to close lower on Friday, reversing earlier gains, after the Malaysian Palm Oil Board (MPOB) reported higher-than-expected stock levels, said palm oil trader David Ng.
14d ago
KUALA LUMPUR, Oct 10 (Bernama) -- BMI, a unit of Fitch Solutions, has maintained its Brent crude price forecast at an annual average of US$68 per barrel for 2025 and US$67 per barrel for 2026, down from US$80 per barrel in 2024.(US$1 = RM4.21).
1m ago
KUALA LUMPUR, Sept 22 (Bernama) -- Crude palm oil (CPO) prices are expected to remain firm between RM4,200 and RM4,500 per tonne in the coming weeks, supported by tighter exportable supplies and positive sentiment in the vegetable oil market, according to the Malaysian Palm Oil Council (MPOC).
1m ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Sept 12 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today, weighed down by concerns over rising stock levels in the country.
1m ago
KUALA LUMPUR, Sept 10 (Bernama) -- Malaysia’s crude palm oil (CPO) production increased by 2.35 per cent month-on-month (m-o-m) to 1.86 million tonnes in August from 1.81 million tonnes in July, according to the Malaysian Palm Oil Board (MPOB).
1m ago
By Siti Noor Afera Abu
KUALA LUMPUR, Sept 3 (Bernama) -- The Malaysian rubber market closed mixed today, mirroring the performance of regional rubber futures markets, a dealer said.
2m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Aug 24 (Bernama) -- Malaysia’s palm oil industry is expected to stay bullish in the near term, supported by stronger exports and easing inventories, Fastmarkets Palm Oil Analytics senior analyst Sathia Varqa said.
2m ago
KUALA LUMPUR, Aug 19 (Bernama) -- Crude palm oil (CPO) prices are expected to hold above RM4,300 per tonne in the near term despite price fluctuations, according to the Malaysian Palm Oil Council (MPOC).
2m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Aug 11 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher today, extending last week’s rally, supported by a slower-than-expected rise in stock levels and strong export performance, said palm oil trader David Ng.
2m ago
KUALA LUMPUR, Aug 11 (Bernama) -- Malaysia’s palm oil exports increased by 3.82 per cent month-on-month (m-o-m) to 1.30 million tonnes in July from 1.26 million tonnes in June, according to the Malaysian Palm Oil Board (MPOB).
2m ago
KUALA LUMPUR, Aug 6 (Bernama) -- Pharmaniaga Bhd has completed its Practice Note 17 (PN17) regularisation plan following the completion of its capital reduction exercise through the cancellation of RM520 million in issued share capital.