13d ago
KUALA LUMPUR, Feb 24 (Bernama) -- Gamalux has reached a significant milestone with the construction of its new plant at Pulau Indah, which is progressing on schedule and is expected to be completed in the second quarter of 2025.
13d ago
KUALA LUMPUR, Feb 25 (Bernama) -- Bursa Malaysia Derivatives recorded an all-time high of 22.75 million contracts traded across all products in 2024, up 19 per cent from 19.11 million contracts in 2022, said Bursa Malaysia Bhd chairman Tan Sri Abdul Wahid Omar.
20d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 18 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Tuesday, taking the cue from weaker related vegetable oils and a lack of fresh fundamental data, an analyst said.
25d ago
KUALA LUMPUR, Feb 13 (Bernama) -- The Council of Palm Oil Producing Countries (CPOPC) forecasts an increase in palm oil production this year across Malaysia, Indonesia, Honduras, and Papua New Guinea compared to 2024 levels.
1m ago
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 5 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives rebounded to close higher, driven by gains in soybean oil and market optimism over India’s renewed palm oil purchases to replenish stocks.
1m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Feb 1 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to show a downside bias next week, amid sluggish export demand, according to palm oil dealer David Ng.
1m ago
KUALA LUMPUR, Jan 28 (Bernama) -- Malaysia’s export prices rose by 1.1 per cent to 150.7 points in December 2024, compared to 149.1 points in the previous month, while import prices increased by 0.9 per cent to 128.0 points, driven by oil-based commodities and mineral fuels, according to the Department of Statistics Malaysia (DOSM).
1m ago
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.
1m ago
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).
1m ago
KUALA LUMPUR, Jan 13 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher today, extending its gains from last Friday.
1m ago
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.
2m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Jan 8 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Wednesday, as market sentiment and fundamentals remained uncertain, said Fastmarkets Palm Oil Analytics senior analyst Sathia Varqa.