Malaysia Fights Anti-Palm Oil Campaigns in USA
Palm Futures Post Biggest Rise in 5 Weeks
Palm Futures Tumble to 14-week Low
Palm Futures Downturn Yet to Touch Botton Level
THE Kuala Lumpur CPO futures market had a big fall last week. The benchmark November 2009 contract plunged to a five-week low of RM2,197, and there was where it settled last Friday, down a whopping RM169 or 7.14 per cent over the week. The catalyst was China, or rather the slew of bad news coming [&...
CPO Futures Closed Steadier
Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives closed higher today as investors took the cue from higher soyaoil prices despite weaker palm oil exports data, dealers said. They said that soyaoil prices on China’s Dalian Commodities Exchange traded higher, backed by imp...