CPO futures likely to trade sideways with downside bias next week

[ad_1] KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is anticipated to trade sideways with a downside bias next week, mainly due to the current…

CPO futures to sustain its positive momentum next week

[ad_1] KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to sustain its positive momentum next week on better demand. According to palm oil…

Stocks, exports data to set direction for CPO futures next week

[ad_1] KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is set to trade in cautious mode next week as investors await further clarity from the…

Malaysia keeps October crude palm oil export duty at 8%

[ad_1] KUALA LUMPUR: Malaysia has maintained its October export tax for crude palm oil at 8% and lowered its reference price, a circular on the Malaysian Palm Oil Board website…

FGV Holdings posts 2Q net loss

[ad_1] KUALA LUMPUR: FGV Holdings Bhd recorded a net loss of RM12.90 million in the second financial quarter ended June 30, 2023 (2Q FY2023) versus a net profit of RM374.02…

Palm oil prices may rise above RM4,300 in 2024 on supply, output woes -MPOC

[ad_1] KUALA LUMPUR: Malaysia’s crude palm oil prices will trade at RM3,700-RM4,200 a metric ton in the second half of 2023, and will remain supported in the long term, state…

Agrico Qatar seeks crude palm oil supply from Malaysia, says PM

[ad_1] KUALA LUMPUR: Agrico Agriculture Development W.L.L. (Agrico Qatar), an organic agriculture company based in Qatar, intends to obtain a supply of crude palm oil for its palm oil refinery…