Palm Oil News

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Bursa Launches Three New Palm Oil Plantation Indices Kuala Lumpur - Bursa Malaysia Bhd yesterday launched three new FTSE Bursa Malaysia Palm Oil Plantation Index series that allow investors to track the performance of selected ... continue reading
MPOB to request higher allocation for R&D in 10MP by Ooi Tee Ching Malaysian Palm Oil Board (MPOB) is stepping up its research and development (R&D) activities and will request for a higher allocation under the 10th ... continue reading
CPO futures finish softer CPO FUTURES Malaysian palm oil futures ended softer yesterday for the third consecutive day, touching a new 10-week intraday low, as worries over slow exports overcame support from gains in oil ... continue reading
CPO Futures Rebound on Promising Outlook Palm oil futures rebounded from a two-day slide as the outlook for demand improved and crude oil futures climbed above US$60 (RM215) a barrel, raising the appeal of biofuels ... continue reading
OBSERVATIONS: Weighed down by the meltdown on global equity and commodity markets, the Kuala Lumpur CPO futures market plummeted below the psychologically significant RM2,000 a tonne level, a price not seen since early April ... continue reading
Tokyo - Palm oil prices are likely to surpass RM3,000 per tonne as the world faces a shortage of vegetable oils, says Dorab Mistry, a leading palm oil analyst. Mistry admitted that he was wrong ... continue reading
Exports of Malaysian palm oil products for September 1-20 were estimated to be 2.1 per cent lower at 797,929 tonnes, compared to 815,208 tonnes shipped between August 1-20, cargo surveyor Intertek Testing Services said ... continue reading
W.Q. MunOBSERVATIONS: The Kuala Lumpur CPO futures market has morphed into a bear. This it did by decisively penetrating on the downside the RM2,335 a tonne long-term technical support level. The benchmark September 2009 contract ... continue reading
ANOTHER Sarawak timber and oil palm company has invested heavily in the oil palm industry.Public listed Jaya Tiasa had for its financial year ended April 30, 2009 spent RM173 million to further improve its ... continue reading

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