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KUALA LUMPUR: Malaysian palm oil futures on Thursday rose for a second consecutive session on the back of concerns over output growth, although the market had earlier shown mixed signals due to a stronger ringgit and weaker exports.
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday May 26.
KUALA LUMPUR: Malaysian palm oil futures moved off three-week lows on Thursday to trade about 1 percent higher for their first gain in three sessions after cargo surveyor data showed stronger export demand in May.
Eastern & Oriental Bhd’s (E&O) financial year 2017 (FY17) results were a positive surprise. Its reported net profit of RM87.7mil for FY17 was 70% above the consensus forecast of RM51.7mil and 54% above AffinHwang’s estimate of RM57mil.
KUALA LUMPUR: Malaysian palm oil futures fell more than 1 percent on Wednesday evening, dipping to their lowest in nearly three weeks, as they tracked weaker-performing soyoil on the Chicago Board of Trade and China's Dalian Commodity Exchange.
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday May 24
TUNE Protect Group’s first quarter 2017 net profit of RM11.9mil came in at 16.1% and 13.4% of Affin Hwang Capital’s and consensus estimates.