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Business 10 Mar 2018 | 12:00 AM

CPO price outlook for 2018 seen subdued

PALM oil industry experts have painted a rather subdued price outlook for crude palm oil (CPO) this year.

Plantations 02 Jan 2018 | 12:00 AM

Challenging outlook for palm oil market in 2018

Amid stiff market competition, the century-old plantation sector will continue to struggle with long-standing labour shortage, rising operating costs, dwindling demand in traditional export markets and increasing anti-palm oil campaigns in the West, say market analysts.

Plantations 20 Nov 2017 | 12:00 AM

Experts see palm oil price at between RM2,600 and RM2,900 per tonne

KUALA LUMPUR: Palm oil experts expect the price of the commodity to hover between RM2,600 and RM2,900 per tonne these few months before turning weak as supply outstrips demand by mid-2018.

Plantations 07 Feb 2017 | 12:00 AM

Palm oil stockpiles slumping, inventory at 5-month low

KUALA LUMPUR: Palm oil inventories in Malaysia probably declined to the lowest since August as production in the world’s second-largest grower dropped the most in a year and exports increased.

Business 05 Nov 2014 | 12:00 AM

CPO price may hit RM2,500 by first quarter of next year

PETALING JAYA: The price of crude palm oil (CPO) is well on the road to recovery with the average price targeted at RM2,350 to RM2,400 per tonne this year, and may extend its climb to touch RM2,500 per tonne in the first quarter of next year, said local plantation analysts.

Commodities 30 Oct 2014 | 12:00 AM

Worst is over for CPO, price recovers from five-year low

KUALA LUMPUR: The worst is over for crude palm oil (CPO), as its price had recovered from a five year-low in September.

Business 06 Mar 2014 | 12:00 AM

Dry spell could boost palm oil RM3,000 or more per tonne (update)

KUALA LUMPUR: Consensus estimates for the crude palm oil (CPO) prices this year indicate that they could touch the RM3,000 per tonne level, if not higher, as industry thought leaders tracked effects of the dry spell and biodiesel demands.

Business 26 Feb 2013 | 12:00 AM

CPO falls to 5-week low, PPB, KLK down

Crude palm oil (CPO) third-month futures slumped to RM2,422, the lowest since Jan 21 on expectations of higher global oilseed supplies, dragging share prices of PPB Group and KL Kepong down.

Business 06 Oct 2012 | 12:00 AM

Exports outlook remains dim

MALAYSIAS exports performance for the third quarter will drag overall growth lower as the volatility, which has become almost a permanent fixture in the global markets over the past five years, continue to cast a shadow on demand everywhere.