Archived News
12-05-2021
Record-breaking CPO price fuelled by low stocks, high exports
Crude palm oil’s (CPO) record-breaking price rise was attributed to the increase in the price of soybean oil, as well as rising palm oil exports and palm oil stock that remains manageable
11-05-2021
Malaysian palm oil falls
Malaysian palm oil futures declined more than 1% on Monday, after palm posted its best week in two decades, as Malaysian Palm Oil Board (MPOB) data showed higher-than-expected April supply.
11-05-2021
VEGOILS-Palm oil rise on upbeat partial export data; supply glut caps gains
Malaysian palm oil futures gained on Tuesday, lifted by a surge in May exports so far, but growing palm supplies and upbeat outlook for U.S crop plantings capped further gains.
11-05-2021
Bumitama Agri's Q1 profit falls 36.4% on increased CPO levy and export tax
BUMITAMA Agri posted 36.4 per cent lower earnings of 166.73 billion rupiah (S$15.6 million) for the first quarter ended March, compared to earnings of 262.07 billion rupiah in Q1 FY2020.
11-05-2021
CPO futures ends lower on the back of higher stocks
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on the back of higher stocks than anticipated, after Malaysian Palm Oil Board's (MPOB) April data showed production grew nearly 7%.
11-05-2021
CPO price surges 12.03% in two months, says MPOB
Malaysia's crude palm oil (CPO) price has surged 12.03% since March 15, 2021, said the Malaysian Palm Oil Board (MPOB).
11-05-2021
MPOB: CPO stocks 5.8% higher at 785,384 tonnes in April
Malaysian crude palm oil (CPO) stocks continued to increase in April 2021, growing 5.8% to 785,384 tonnes from 742,742 tonnes the month before, said the Malaysian Palm Oil Board (MPOB).
11-05-2021
Palm oil targets 4,494-4,556 ringgit range
Palm oil may extend gains into a range of 4,494-4,556 ringgit per tonne, driven by a powerful wave (3)-3.
10-05-2021
Bursa Malaysia slightly higher in early trade
Bursa Malaysia started the short trading week slightly higher amid mixed market sentiment ahead of the first quarter 2021 (1Q21) gross domestic product (GDP) results and Aidilfitri public holiday.
10-05-2021
KLCI up marginally in early trade, tracking regional gains
The FBM KLCI rose by 0.07% in early morning trade today, staging a quick recovery after dipping by 0.03 point at the opening bell.
10-05-2021
Treaties Committee hold public hearing on Regional Comprehensive Economic Partnership Agreement
The RCEP is a regional free trade agreement between Australia and the countries of ASEAN, China, Japan, the Republic of Korea and New Zealand
10-05-2021
Lanka-Indonesia Parliamentary Friendship Association strengthens bilateral cooperation
Senior MP W.D.J. Seneviratne was elected as the new President of the Sri Lanka-Indonesia Parliamentary Friendship Association recently at the revival meeting of the association for the ninth Parliament, communication division of Parliament said.