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KLCI closes off lows, Fed set to cut interest rates lesser than hoped

KUALA LUMPUR: Blue chips closed off Monday's low while key Asian markets ended in the red as the US Federal Reserve was set to cut interest rates lesser than expected.

Palm oil set for bull run after Indonesia supply plateau nears

JAKARTA: A palm oil bull run could begin with Indonesia's production decelerating, even before palm oil output plateaus by 2021.

CPO prices rebound on news of China buying soyoil

PETALING JAYA: Prices of crude palm oil (CPO), which touched the lowest level in four years, rebounded following news that China will increase its purchase of US soyoil.

Declining palm oil stock boosts prices

KUALA LUMPUR: The declining palm oil stock at 2.45 million tonnes for end-May is supportive of the near-term crude palm oil (CPO) prices, says CGSCIMB in its latest agribusiness report.

Malaysia’s end-May palm stocks fall to 10-month low

KUALA LUMPUR: Malaysian palm oil stockpiles fell to a 10-month low at end-May, according to official data on Wednesday, extending monthly falls since March, as export gains outpaced an unexpected rise in production.

Malaysia end-May palm stocks fall to 10-month low

KUALA LUMPUR: Malaysian palm oil stockpiles fell to a 10-month low at end-May, according to official data on Wednesday, extending monthly falls since March, as export gains outpaced an unexpected rise in production.

Malaysian palm oil price drops 2% on technical selling

KUALA LUMPUR: Malaysian palm oil futures closed nearly 2% down on Tuesday, retreating from a three-week high hit in early trade as technical selling and concern over higher than expected production weighed on prices.