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KUALA LUMPUR: Palm oil futures are trading at the highest in almost eight months amid expectations of higher demand from major buyer China.
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to move higher next week, underpinned by the improving export data.
KUALA LUMPUR: CGS-CIMB Research has raised its 2020 crude palm oil (CPO) price forecast to RM2,500 from RM2,300 per tonne as the price rallies.
PETALING JAYA: Continuous planting efforts and the recent disposal of two subsidiaries will put TSH Resources Bhd in good stead for strong growth.
KUALA LUMPUR (Bernama) -- Malaysia's crude palm oil (CPO) stocks increased by 7.09% to 930,295 tonnes in August from 868,664 tonnes in the preceding month, the Malaysian Palm Oil Board (MPOB) said in its latest report on the industry’s performance for the month of August.
PETALING JAYA: With sentiment turning increasingly positive, crude palm oil (CPO) is on its way to reaching the initial price target of RM3,000 per tonne before the end of 2020, as forecast last year, says the Malaysian Palm Oil Board (MPOB).
KUALA LUMPUR: Investors in all Asian markets suffered losses as the overnight fall on Wall Street battered sentiment including Bursa Malaysia where the FBM KLCI fell below the key 1,500 level.
KUALA LUMPUR: A full report on illegal activities in Sungai Buloh has been submitted to the Inspector-General of Police.
THERE has been much hype of late about the commodity industry needing to offer jobs to Malaysians, who are affected by the Covid-19 pandemic, and move away from its heavy reliance on foreign workers. Truly, some 80% of the workers are foreign and it is a sector shunned by Malaysians. Why?