Palm Voices: Plant A Thought

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The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange was down 0.2 percent at 2,442 ringgit a tonne at the close.  Traded volumes stood at 24,646 lots of 25 tonnes

Malaysian palm oil price declines on expectation of higher output

24 June 2017

KUALA LUMPUR: Malaysian palm oil futures fell in Friday evening trade, charting a third day of losses in four on expectations of rising output.

 Malaysian palm oil futures rebounded from a one-week low to end the trading day slightly higher, supported by a weaker ringgit which makes the tropical oil cheaper for holders of foreign currencies.

Malaysian palm oil/Vegoils: Market factors to watch Friday June 23

23 June 2017

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday June 23

The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange rose 0.2 percent to 2,447 ringgit ($571.00) a tonne at the close of trade, snapping two earlier sessions of declines.

Malaysian palm oil price rebounds from one-week low on weaker ringgit

23 June 2017

KUALA LUMPUR: Malaysian palm oil futures rebounded from a one-week low to end the trading day slightly higher, supported by a weaker ringgit which makes the tropical oil cheaper for holders of foreign currencies

Lower prices: A file picture showing workers standing near oil palm fruits inside a palm oil factory in Sepang. The CPO price has dropped by over 22 so far this year. – Reuters

Palm oil prices seen going lower for the rest of this year and into 2018

23 June 2017

PETALING JAYA: Looming bearish fundamentals will likely drag crude palm oil (CPO) prices lower for the rest of this year and going into 2018, say analysts.

United Malacca benefitted from the higher average prices of crude palm oil and palm kernel in the last financial year.

United Malacca’s earnings soar 42% on higher prices and output

22 June 2017

KUALA LUMPUR: United Malacca Bhd posted a strong 42% growth in earnings in the financial year ended April 30, 2017 (FY17), despite incurring a foreign exchange loss of RM15.28mil on a US dollar loan.

Malaysian palm oil futures fell to their lowest in a week on Wednesday, their sharpest daily fall in a week, tracking related oils on the Chicago Board of Trade (CBOT) and China's Dalian Commodity Exchange

Malaysian palm oil/Vegoils: Market factors to watch Thursday June 22

22 June 2017

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday June 22.

Malaysian palm oil futures fell to their lowest in a week on Wednesday, their sharpest daily fall in a week.

Malaysian palm oil price falls to one-week low

22 June 2017

KUALA LUMPUR: Malaysian palm oil futures fell to their lowest in a week on Wednesday, their sharpest daily fall in a week, tracking related oils on the Chicago Board of Trade (CBOT) and China's Dalian Commodity Exchange.

Malaysian palm oil futures snapped four consecutive sessions of gains on Tuesday to record their sharpest daily drop in a week as the market tracked a weaker performance in rival oils and on the back of slow export demand.

Malaysian palm oil/Vegoils: Market factors to watch Wednesday June 21

21 June 2017

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday June 21.

The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange fell 0.9 percent to 2,466 ringgit ($575.90) a tonne at the close.

Malaysian palm oil price sees sharpest daily drop in a week, tracks rival oils

21 June 2017

KUALA LUMPUR: Malaysian palm oil futures snapped four consecutive sessions of gains on Tuesday to record their sharpest daily drop in a week as the market tracked a weaker performance in rival oils and on the back of slow export demand.

Cooperative couple: Sources within the MACC have confirmed that Isa and Bibi Sharliza are willing to cooperate with the commission’s probe of alleged abuse of power within FGV.

Isa and wife to give statements over corruption probe today

21 June 2017

PUTRAJAYA: The Malaysian Anti-Corruption Commission (MACC) will be recording statements from the former chairman of Felda Global Ventures Holdings Bhd (FGV), Tan Sri Mohd Isa Abdul Samad, and his wife Puan Sri Bibi Sharliza Mohd Khalid.

Fighting graft together: Adnan (centre) shaking hands with Dzulkifli after the corruption-free pledge at Wisma Sri Pahang. — Bernama

FGV changes won’t affect probe

21 June 2017

KUANTAN: The latest development in Felda Global Ventures Holdings Bhd (FGV) will not affect the Malaysian Anti-Corruption Commis­sion’s (MACC) investigation into improprieties in the company.

Leaving Malakoff: Azhar is resigning effective June 30 due to personal and professional reasons.

Azhar heading for Felda Global Ventures?

21 June 2017

PETALING JAYA: Malakoff Corp Bhd managing director (MD) Datuk Wira Azhar Abdul Hamid(pic) resigned from the company yesterday, fuelling speculation that he could be heading towards Felda Global Ventures Holdings Bhd.

Malaysian palm oil futures rose to their highest in two weeks on Monday in a fourth consecutive session of gains, tracking other edible oils and on forecasts of lower end-stocks in Indonesia.

Malaysian palm oil/vegoils: Market factors to watch on Tuesday June 20

20 June 2017

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday June 20.

CPO for September delivery gained 0.2%  to RM2,488 a tonne at the close of trade.

CPO hits 2-week high despite slowing exports forecast

20 June 2017

KUALA LUMPUR: Malaysian palm oil futures rose to their highest in two weeks on Monday in a fourth consecutive session of gains, tracking other edible oils and on forecasts of lower end-stocks in Indonesia.

New FGV chairman pledges to do his best

20 June 2017

PETALING JAYA: Newly-appointed Felda Global Ventures Holdings Bhd (FGV) acting chairman Tan Sri Sulaiman Mahbob said he will perform to the best of his ability in the new role.

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