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Crude palm oil futures (FCPO) on Bursa Malaysia Derivatives ended the week higher on better export demand and short covering activities ahead of long holidays in Malaysia. The benchmark FCPO January contract surged RM102 or 4.08 per cent to close at RM2,603 per tonne on Thursday from RM2,501 per tonne...
Crude palm oil futures (FCPO) on Bursa Malaysia Derivatives ended fl at this week, digesting the impact of newly announced export tax structure by the Malaysian government and analysing the mixed views by the top industry analysts during an industry conference on Tuesday. The benchmark FCPO December...
Crude palm oil futures (FCPO) on Bursa Malaysia Derivatives ended the week higher in the anticipation of palm oil export tax cut in Malaysia which also spurred technical buying in a deeply oversold condition. The benchmark FCPO December contract rose RM85 or 3.52 per cent to close at RM2,500 per tonne...
Crude palm oil futures (FCPO) on Bursa Malaysia Derivatives continuously tumbled for the third week due to the anticipation of rising palm oil stocks in the coming months. The benchmark FCPO December contract plunged RM131 or 5.15 per cent to close at RM2,415 per tonne on Friday from RM2,546 per tonne...
Crude palm oil futures (FCPO) on Bursa Malaysia Derivatives dived this week following the sharp plunge in US soybean prices, the anticipation of rising palm oil stocks and the continuation of weak economic data in China. The benchmark FCPO December contract plunged RM174 or 5.93 per cent to close at...