|
CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO FUTURES RALLY ABOVE RM4,500 PER TONNE, HIGHEST SINCE OCTOBER LAST YEAR
Bangladesh market sees edible oil price rise
The prices of edible oils have witnessed yet another hike during the current week across the country, as a litre of bottled soybean oil is now being sold at Tk 115-120 at the retail level.
Bumitama 9M net profit jumps 48.8% on higher palm oil prices
BUMITAMA Agri Ltd has announced higher revenue and net profit for the first nine months of its 2020 fiscal year from a year ago, on higher prices of palm oil.
United Plantations' Q3 net profit rises to RM95.33mil, revenue at RM334.04mil
KUALA LUMPUR: United Plantations Bhd's net profit rose 58.4 per cent to RM95.33 million in the third quarter (Q3) ended September 30, 2020, from RM60.20 million recorded in the same period a year ago.
Energy Ministry appoints new directors for renewables, oil and gas
The Energy and Mineral Resources Ministry has installed two new officials to oversee Indonesia’s renewable energy and oil and gas industries as the country seeks to simultaneously develop clean energy and ramp up oil production.
Sarawak tourism sector among worst hit by Covid-19 pandemic, says chief minister
KUCHING, Nov 9 — Sarawak’s economy is expected to contract between 3.5 per cent and 5 per cent, Chief Minister Datuk Patinggi Abang Johari Openg said today, with negative growth expected across all sectors, with the worst hit being the tourism and manufacturing sectors.
Budget 2021: KPPK receives RM729.39m allocation, up 8.84% from 2020
THE Ministry of Plantation Industries and Commodities (KPPK) has received an increase in allocation of 8.84 per cent to RM729.39 million in Budget 2021 compared with Budget 2020.
United Plantations bullish about fiscal 2020
PETALING JAYA: United Plantations Bhd posted a 58% rise in net profit to RM95.3mil for the third quarter ended Sept 30 mainly due to higher crude palm oil (CPO) and palm kernel (PK) average prices.
Late push for KLCI as ringgit and CPO rally
KUALA LUMPUR: Blue chips rallied in late trade on Monday, underpinned by gains in Petronas stocks and telcos, while the ringgit was up nearly half a percent against the US dollar and crude palm oil (CPO) futures were at an eight-year high.
Palm oil holds at 8-year high
KUALA LUMPUR: Malaysian palm oil futures gained for a fourth session out of five on Monday, holding at a more than eight-year high on expectations of lower stockpiles and stronger crude prices. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange closed up 46 ringgit, or 1.5%, at 3,227 ringgit ($785.54) a tonne.
