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KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to see cautious trading next week as market players await official industry data amidst profit-taking yesterday.
KUALA LUMPUR: Malaysian palm oil futures fell more than 1 percent in its fourth straight session of losses on Wednesday evening, tracking weakness in soyoil and bearish data for August released by the Malaysian Palm Oil Board (MPOB).
PUTRAJAYA: The Government is urging local palm oil companies to go downstream and become “price makers” by embracing science, technology and innovation to reap the rewards of the sector.
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PETALING JAYA: The benchmark crude palm oil (CPO) futures to be delivered in October, slumped 2.5% to a one-year low to close at RM2,177 per tonne yesterday, reflecting the bearish outlook brought about by the rising domestic palm oil inventory and increasing production situation.