Archived News

KUALA LUMPUR (Sept 6): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today, as export performance showed strength based on numbers by cargo surveyors, a dealer said.

SINGAPORE: Palm oil may retreat into a range of 4,155 ringgit to $4,251 ringgit per tonne, following its failure to break a resistance at 4,358 ringgit.

PARIS: Strategie Grains has slightly reduced its monthly forecast for this year's European Union rapeseed harvest, to 16.93 million tonnes from 17.03 million, it said in an oilseed report. The latest estimate would be 1.9% above 2020 output of 16.61 million tonnes, the French consultancy said.

KUALA LUMPUR, Sept 7 (Thomson Reuters Foundation) - I ndonesia's electric vehicle drive is likely to overtake its ambitious biodiesel programme within a decade, but will only achieve its aim of helping curb climate change if the country ramps up clean energy investment, environmental researchers say.

KUALA LUMPUR, Sept 6 — CGS-CIMB foresees crude palm (CPO) prices to remain firm between RM3,500 and RM4,000 per tonne this month.

IPOH, Sept 5 — In a sprawling oil palm plantation in the Malaysian state of Perak, watermelon seedlings are sprouting from freshly ploughed earth between palm saplings while rented cows graze in overgrown areas of the estate.

PERAK, Malaysia/SINGAPORE, Sept 5 (Reuters) - In a sprawling oil palm plantation in the Malaysian state of Perak, watermelon seedlings are sprouting from freshly ploughed earth between palm saplings while rented cows graze in overgrown areas of the estate.

Malaysia’s palm oil inventories at the end of August jumped to its highest in over a year as production rebounded amid a steep fall in exports.

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to experience a technical correction ahead of data to be released by the Malaysian Palm Oil Board (MPOB) next week.

SINGAPORE: Malaysian palm oil futures ended higher for a second straight session on Friday, tracking gains in rival oils on the Dalian Commodity Exchange.

KUALA LUMPUR (Sept 3): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended yesterday’s gains to close higher today, taking the cue from overnight gains in Chicago Board of Trade (CBOT) soybean oil.

The commerce ministry and the Bangladesh Trade and Tariff Commission have raised soybean oil prices by Tk4 per litre after analysing prices in the international market.