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CPO futures trading to remain range bound next week
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to continue trading in range bound mode next week as the market is lacking movement catalysts, a dealer said.Â
CPO futures to trade in range-bound mode next week
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to see muted trading next week at between RM3,450 and RM3,750 per tonne, said a dealer.
CPO futures to see quiet trading next week due to CNY festival
KUALA LUMPUR, Feb 13 (Bernama): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to see muted trading next week due to the Chinese Lunar New Year celebration, with prices projected to hover between RM3,400 and RM3,500 per tonne
Disconnect between CPO and share price of planters
Price of commodity may weaken in the near term
India’s duty hike reduces CPO competitiveness
KUALA LUMPUR: Research firms believe that India’s import duty hike on crude palm oil (CPO) will reduce the price competitiveness of the commodity against other edible oils in the country, resulting in higher cooking oil price with higher duties.
CPO futures likely to trade in bearish mode, all eyes on India
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade in bearish mode next week amid talks that the Indian government is set to impose additional tariffs on imports of edible oil.
Strong buying lifts CPO futures prices
KUALA LUMPURÂ (Bernama) -- Strong buying support continued to lift the crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives and close higher for three straight sessions.
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.
Brazil records 4.52 pct inflation rate in 2020
RIO DE JANEIRO, Jan. 12 (Xinhua) -- Brazil's inflation rate in 2020 climbed to 4.52 percent, above the government's target of 4 percent and the highest since 2016, the Brazilian Institute of Geography and Statistics (IBGE) reported Tuesday.
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.
