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THE finance ministry on Wednesday announced it will cap fuel prices below 2019 levels as the benchmark Brent crude futures reached its highest in 13 months.
PETALING JAYA: United Malacca Bhd has locked in forward sales for 50% of its monthly production up to June this year at a price of about RM3,000 per tonne.
KUALA LUMPUR: The gold futures on Bursa Malaysia Derivatives is expected to trend higher this week on improved demand for the precious metal.
KUALA LUMPUR: RHB Research has a Buy call on plantation company TSH Resources Bhd with RM1.25, which is a 16% upside, while it increased the FY20-21F earnings by 1%-2%, after imputing new fresh fruit bunches (FFB) revisions, capex and in-house forex assumptions.
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.
CHICAGO: U.S. soybean futures resumed their rally on Friday after a light setback a day earlier, climbing to 6-1/2-year highs on signs of fresh export demand and expectations that key U.S. crop reports next week will indicate tightening global supplies.
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on the first trading day of the new year, hitting its highest level since February 2011 with benchmark March 2021 at RM3,724 per tonne.
KUALA LUMPUR (Bernama) -- The Malaysian rubber market is expected to remain strong next week, to move with an upside bias.