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Showing 1-10 of 1998
NEW DELHI: Palm oil futures advanced to trade near a two-year high, with firmer petroleum prices and a rise in rival soybean oil supporting the market.
PETALING JAYA: Plantation heavyweights saw their share price jump as crude palm oil (CPO) prices continued to rally, and as investors bet on improved earnings from the companies in the coming quarters.
SUBANG JAYA: Residents in Kandan Dalam village, Puchong, have expressed worries after drums of chemicals were found dumped on a river bank near Sungai Klang here.
KUALA LUMPUR: Malaysian palm oil futures reversed course to edge higher on Wednesday as data showed lower production figures, implying tighter supplies.
BALI: Palm oil investors are cheering after a spectacular rally propelled prices into a bull market, and now traders are betting that the rebound has longer to run.
NUSA DUA, Indonesia: Top palm oil industry analysts have revised up their price outlook for the edible oil, pointing to reduced production and optimism that Indonesia’s so-called B30 biodiesel programme will help bolster demand.
KUALA LUMPUR/ JAKARTA: The rally in palm oil prices is set to accelerate as demand for the commodity’s use in biofuel increases at a time when output is falling, according to veteran industry analyst Dorab Mistry.
PETALING JAYA: Crude palm oil (CPO) futures extended their price rally to breach the RM2,500-per-tonne mark yesterday.
SINGAPORE: Malaysian palm oil futures extended gains for a sixth straight session on Wednesday, rising over 3% to hit a more than 18-month high, on expectations of declining production but a stronger ringgit capped gains.
KUALA LUMPUR: The palm oil industry is facing dual threats from its biggest buyers - India and Europe - but don't tell that to the traders chasing up prices on Bursa Derivatives.