Berita Arkib

The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday May 28.

The European Union is confident that the ongoing debate over palm oil with Indonesia will not hamper negotiations on the Indonesia-EU Comprehensive Economic Partnership Agreement (I-EU CEPA).

KUALA LUMPUR: Oil palm planters call on the new government for friendlier business policy by reducing taxes imposed on the sector and allowing more foreign worker intake as acute shortage has and continue to result in fruit wastage in the estates.

Malaysian palm oil futures ended mixed this week despite achieved a seven-week high due to numerous factors, notably the strengthening of US’ soybean oil and crude oil prices as well as the weaker ringgit

Malaysian palm oil futures saw their sharpest fall in seven weeks on Friday evening, weighed down by weak export demand and losses in related edible oils on the U.S. Chicago Board of Trade and China's Dalian Commodity Exchange.

Jakarta. Indonesia is preparing for a worst-case scenario should the European Parliament's draft of a ban on the use of palm oil in biofuels get approved by the European Commission and European Council.

KUALA LUMPUR • Singapore's third derivatives exchange kicked off trading yesterday with the launch of palm oil futures, with other contracts expected down the line.

KUALA LUMPUR: Crude palm oil (CPO) prices are expected to stay softer as production is likely to outpace demand this year, said RAM Rating Services Bhd.

The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday May 25.

Malaysian palm oil futures rose to a seven-week high in early trade on Thursday, tracking gains in U.S. soyoil and supported by a weaker ringgit.

Crude palm oil prices rose 0.46 per cent to Rs 671.60 per 10 kg in futures trade today as speculators increased positions amid a firm demand at the spot market.

Bursa Malaysia has launched an enhanced US dollar-denominated refined, bleached and deodorised (RBD) palm olein futures contract (FPOL) to promote a more inclusive trading community on Bursa Malaysia Derivatives (BMD).