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KUALA LUMPUR: Palm oil industry may see a full recovery in the fourth quarter of this year if COVID-19 pandemic is manageable and contained, Council of Palm Oil Producing Countries (CPOPC) said.
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade higher next week, ranging between RM2,350 and RM2,500 per tonne, on better market outlook amid lower stockpiles.
IN THE fight against Covid-19, Malaysia had to close its borders and disallow the entry of foreign workers.
SINGAPORE: Malaysian palm oil futures hit their highest level in more than two months on Friday, riding on gains in crude oil prices as well as lower stocks in top importers India and China.
KUALA LUMPUR: After a dramatic slowdown in the first quarter due to the coronavirus lockdowns imposed by countries across the globe, the palm oil bulls are on the move again and ready to charge the market in the second quarter onwards.
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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.
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday April 5.
KUALA LUMPUR: Malaysian palm oil futures hit a one-month high on Thursday, supported by expectations of better exports demand and lower stocks.