Berita Arkib

Oil prices climbed on Tuesday, clawing back some of the previous session's deep losses, even though concerns over coronavirus curbs combined with slowing factory activity in key buyer countries to keep a lid on gains.

Malaysian palm oil futures fell about 4% on Monday to a more than one-week low, weighed down by a drop in July exports and weakness in competing oils on the Dalian and Chicago exchanges.

Cambodia and Russia have agreed to boost bilateral cooperation on trade and investment, as the two countries mark the 65-year anniversary of the establshment of diplomatic relations.

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade with upward bias this week on concerns over slowing output during the peak season, said palm oil trader David Ng.

The government incurred a loss of Rs. 6.13 billion in tax revenue due to two palm oil companies clearing imported oil under a wrong classification, according to the recently released report of the parliamentary Committee on Public accounts (COPA).

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade with upward bias next week on concerns over slowing output during the peak season, said palm oil trader David Ng.

Malaysian palm oil prices posted a sixth consecutive weekly gain, although rising prices hit demand and sent the edible oil lower on Friday.

The Malaysian Palm Oil Board (MPOB) has invented technology to treat palm oil mill effluent (POME) called Palm Kernel Shell Activated Carbon for Wastewater Treatment.

Malaysian palm oil prices gained in early trade on Thursday, reversing a sharp fall in the previous session, although weaker rival oils capped gains.

KUALA LUMPUR, Malaysia, July 30, 2021 /PRNewswire/ -- The Roundtable on Sustainable Palm Oil (RSPO) has launched the RSPO Hotspot Hub, an online platform that utilises advanced satellite technology to provide near real-time information on detected hotspots and potential fires in oil palm plantations in Malaysia and Indonesia. By increasing transparency and accountability, the Hotspot Hub strengthens fire prevention efforts, thereby reducing the risk of transboundary haze events.

KUALA LUMPUR, July 30 — Bursa Malaysia bucked the uptrend among regional peers to open lower today amidst uncertainties surrounding the market, a dealer said.

SINGAPORE, July 29 (Reuters) - Malaysian palm oil prices rose more than 2% on Thursday, after a sharp fall in the previous session, as U.S. soyoil inched higher and the Dalian contracts trimmed losses.