Archived News

15/09/2011 (4-Traders) - Bursa Malaysia Derivatives' (BMD) crude palm oil futures contract set a new record as of the close of mid-day trading today, with a total of 4,072,384 contracts traded so far this year, surpassing the previous record of 4,064,361 contracts traded for the whole of 2010. This is the highest ever number of contracts traded annually since FCPO contracts started trading in 1980.

15/09/2011 (Bernama) - The demand for Malaysian products by China is still strong despite the increasing inflation rate in the world's second largest economy, said Deputy Finance Minister Datuk Donald Lim Siang Chai.

15/09/2011 (Bernama) - Malaysia's property industry is expected to remain buoyant next year in tandem with the likely strong growth in the palm oil and oil and gas sectors.

15/09/2011 (Borneo Post) - A real-time monitoring system was yesterday proposed to continually check on water quality and activities that are likely to pollute rivers in the east coast of Sabah.

15/09/2011 (Business Times) - Malaysian palm oil production is expected to rise six percent to eight percent this year, IOI Corp Executive Director Lee Yeow Chor told reporters in Kuala Lumpur today.

14/09/2011 (The Star) - Crude palm oil (CPO) prices are likely to remain at RM3,100 per tonne till year-end on expectations of an increase in palm oil production and a healthy growth in demand, said IOI group executive director Datuk Lee Yeow Chor.

14/09/2011 (The Star) - Bursa Malaysia Derivatives (BMD)’s crude palm oil futures contract set a new record at the close of mid-day trading yesterday, with a total 4,072,384 contracts traded so far this year.

14/09/2011 (Gulfnews.com) - Palm oil dropped the most in more than two weeks after soybeans fell Tuesday on a government report that showed world stockpiles and US production will be higher than previous estimates.

14/09/2011 (Borneo Post) - A ‘boutique’ oil palm agribusiness company, IJM Plantations Bhd’s (IJM Plantations) capital expenditure (capex) for financial year 2012 ending March (FY03/12) has risen to RM340 to RM440 million, likely due to the higher new planting cost of RM15,000 to RM20,000 per hectare.

14/09/2011 (The Edge Malaysia) - SARAWAK OIL PALMS BHD is providing a corporate guarantee for RM59 million to Affin Bank Bhd for the banking facilities obtained by its subsidiary SOP Pelita Batu Lintang Plantation Sdn Bhd.

14/09/2011 (The Star) - Felda is financially strong and has about RM8bil in shares and funds, said Prime Minister Datuk Seri Najib Tun Razak.

KUALA LUMPUR, Sept 13 (Bernama) -- Bursa Malaysia Derivatives' (BMD) crude palm oil futures contracts (FCPO) stood at a record 4,072,384 contracts as of midday close today, surpassing 4,064,361 contracts traded in 2010.