Berita Arkib

Bursa Malaysia Derivatives Exchange (BMD) manages the Malaysian Crude Palm Oil Futures Contract (FCPO), which sets the global price benchmark for the cheapest and most widely used edible oil in the world.

The oil palm industry has welcomed the Central Government’s initiatives to encourage oil palm production in the country.

Bursa Malaysia rebounded to open higher this morning on mild buying interest in selected heavyweights, led by CIMB and Public Bank.

Bright Packaging Industry Bhd has entered into a joint venture agreement (JVA) with Datai Plantations Sdn Bhd (DPSB) for the purpose of developing oil palm plantations and related facilities and provision of services ancillary on a parcel of land in Sarikei, Sarawak.

Amid positive economic indicators in the first three years of the PTI-led coalition government, a major concern for consumers has been the galloping rise in prices of food items.

The ban, which ends in September 2021, has lasted for three years and aimed to curb deforestation in the country, which is home to the world's third largest tropical rainforest.

The Bursa Malaysia Derivatives Exchange (BMD) is aiming to ramp up participation in its benchmark palm oil contract with the launch of night trading, which traders say will align it with most global markets that run nearly around the clock.

Oil dropped to below $66 a barrel on Thursday, its lowest since May, pressured by concerns about weaker demand as COVID-19 cases rise, a stronger U.S. dollar and a surprise increase in U.S. gasoline inventories.

The Malaysian Palm Oil Board (MPOB) has invented a technology which can assist oil palm plantation workers to load fresh fruit bunches (FFB) in their plantations.

CRUDE palm oil’s (CPO) export duty collected for the first five months of this year surged five times or RM111 million to RM564.82 million compared to similar periods last year following the increase in the commodity price.

KUALA LUMPUR: Malaysian palm oil futures slumped nearly 3% on Wednesday, hitting a one-week closing low on fears of lower export demand and anticipation of an increase in production.

SINGAPORE: Palm oil may fall to 4,261 ringgit per tonne, as suggested by a triple-top.