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CPO prices to trade at high levels in first half
Increase due to tight global vegoil supply and recovery demand
CPO futures likely to see cautious trading next week
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade in a cautious mode next week, a dealer said.
Quiet trading for CPO futures next week
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to see quiet trading or retreat next week on mild profit-taking, as traders will go on leave for the Christmas and New Year celebration, a dealer said.
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.
CPO for third month delivery rises to RM3,440
KUALA LUMPUR: Crude palm oil (CPO) futures for March delivery extended their advance to a record for the contract on optimism that surging prices for rival soybean oil and petroleum will increase the appeal of the tropical oil in food and biofuels.
Palm oil punches through RM3,500 to highest in 8 years
NEW DELHI: Palm oil burst through RM3,500 a tonne to the strongest level in more than eight years on optimism that rising exports from Malaysia will deplete the country’s stockpiles and that stronger prices for rival soybean oil will increase the appeal of palm oil
Palm oil punches through RM3,500 to highest in eight years
NEW DELHI: Palm oil burst through RM3,500 a tonne to the strongest level in more than eight years on optimism that rising exports from Malaysia will deplete the country’s stockpiles and that stronger prices for rival soybean oil will increase the appeal of palm oil.
Paying more for CPO
PETALING JAYA: The stronger ringgit against the US dollar could erode the competitiveness of crude palm oil (CPO) in the export markets, say industry experts.
CPO futures to trade in yo-yo mode next week
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade on yo-yo mode next week, tracking the cautious global market sentiment and following the upcoming holiday season.