Palm Oil News

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CB Industrial Product Holding Bhd (CBIP) (7076) said it is at risk of losing hundreds of millions of ringgit in future jobs, due to a published report by a Chinese daily that suggests it ... continue reading
Crude palm oil (CPO) futures on Bursa Malaysia Derivatives is expected to remain rangebound next week due to the extended festive and year-end holidays, dealers said. However, a dealer said CPO prices is expected ... continue reading
SHAH ALAM: CB Industrial Product Holding Bhd (CBIP) has rebutted allegations that its subsidiary had obtained a contract without the proper tender procedure.It was reported on Tuesday in a local Chinese daily that Felda ... continue reading
KUALA LUMPUR: Malaysian crude palm oil futures jumped 2.2 percent on Thursday, after three consecutive days of declines, as higher crude oil prices and a weaker U.S. dollar lifted the market.The benchmark March contract ... continue reading
PRIME Minister Datuk Seri Najib Tun Razak’s call for Felda, Felcra and Risda to form a consortium to jointly explore downstream projects and other mutual cooperations could not have come at a better time.The ... continue reading
Crude palm oil futures rose 1.3 per cent yesterday, but came off a one-week high hit earlier in the day following market talk of a drop in palm oil exports for the August 1-25 ... continue reading
SANDAKAN, Aug 24 (Bernama) -- Plantation Industries and Commodities Minister Tan Sri Bernard Dompok urged the industry players and planters to adopt new technologies for sustainable production and environmentally friendly approach. He said the sustainability ... continue reading
JAKARTA: Malaysian crude palm oil (CPO) futures hit a one-week intraday high by midday today, moving in line with other commodities and stock markets on recovery hopes, traders said. “The market was mainly driven by ... continue reading
OBSERVATIONS: The bears had a field day last week, exploiting and profiting from erstwhile bulls running scared due to unexpectedly - and exceptionally - poor export estimates. Massive fresh and renewed selling interest was evidenced ... continue reading

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