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CPO futures to trade in range-bound mode next week
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to see muted trading next week at between RM3,450 and RM3,750 per tonne, said a dealer.
CPO futures likely to trade in bearish mode, all eyes on India
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade in bearish mode next week amid talks that the Indian government is set to impose additional tariffs on imports of edible oil.
Strong buying lifts CPO futures prices
KUALA LUMPURÂ (Bernama) -- Strong buying support continued to lift the crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives and close higher for three straight sessions.
Focused on tasks ahead
PROVIDING facilities in public places for the elderly will be among the top priorities for Tan Bee Hong as a Seberang Prai City councillor.
Crude palm oil futures breach RM3,800 mark
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives continued to rally for a third consecutive day today, with the benchmark March 2021 closing at a fresh high of RM3,877 per tonne.
MPOC upbeat about palm oil industry in 2021
KUALA LUMPUR: Malaysia’s crude palm oil (CPO) export is expected to improve by 12.5% this year to 4.5 million tonnes from an estimated 3.67 million tonnes in 2020, according to the Malaysian Palm Oil Council (MPOC).
CPO futures close at RM3,724, highest since 2011
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on the first trading day of the new year, hitting its highest level since February 2011 with benchmark March 2021 at RM3,724 per tonne.
China's palm oil futures no threat for now
KUALA LUMPUR: Traders believe a recent move by China’s Dalian Commodity Exchange to open its palm oil futures contract to international investors should provide a certain degree of competition but it will not impact Bursa Malaysia Derivatives (BMD) in the short term.
CPO futures close up, boost from firmer soybean oil
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher today on the back of stronger soybean oil prices during the Asian hours.