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CPO futures to trend lower on profit taking next week
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to retreat from this week’s gains, driven by profit taking due to higher prices, a dealer said.
Palm oil set for worst week in 11 months on weak demand concerns
KUALA LUMPUR: Palm oil futures are headed for their steepest weekly drop in 11 months on concerns that demand from key buyers will dissipate as Malaysia reported a slump in export data.
Malaysian crude palm oil exports becomes more competitive
KUALA LUMPUR: Indonesia, the world's biggest palm oil producer, will increase its refined palm oil exports after raising taxes, leaving Malaysia to become more competitive in crude palm oil (CPO) exports, a leading industry analyst said on Monday.
Strong palm oil output recovery seen in second half
KUALA LUMPUR: A strong palm oil output recovery is expected in the second half of this year (H2) from good rainfall, the normalisation of fertiliser application and support from better prices.
CPO stocks down 19.2% in Dec
KUALA LUMPUR: Malaysia’s crude palm oil (CPO) stocks slumped 19.2% to 583,761 tonnes in December 2020 from the 722,451 tonnes in November, the Malaysian Palm Oil Board (MPOB) said.
CPO stocks down 19.2% in December 2020
KUALA LUMPUR: Malaysia's crude palm oil (CPO) stocks slumped 19.2 per cent to 583,761 tonnes in December 2020 from the 722,451 tonnes in November, the Malaysian Palm Oil Board (MPOB) said.
CPO futures to trend higher next week
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade higher next week, buoyed by expectations of lower production in the coming weeks.
Short position - CPO anomaly
CRUDE Palm Oil (CPO) is at a 10-year high. But surprisingly, not all plantation stocks are following the trend.
2021 is about the 3Es
Last week, this column highlighted five key elements that will dictate global markets and of course these global economic factors, which are universal, will also have an impact on the local economy in general and more specifically, the financial markets.
Treasury Pulse - Forex, Treasuries, Bonds, ringgit
THE dollar started the year on a softer footing, continuing its depreciation trend from 2020 and briefly touching a 32-month low.