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More downside to crude palm oil futures market

17 hours ago 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 ...

Crude palm oil futures have 2nd weekly loss

3 days ago Palm oil futures had a second weekly loss yesterday as output grew faster than exports in Malaysia, the second- biggest producer, expanding the country’s stockpiles by 2.5 per cent in ...

Chinese company to establish 1 million hectare oil palm plantation in Congo

China's ZTE Agribusiness Company Ltd is aiming at a 1 million hectare palm tree plantation in the Democratic Republic of Congo (DR Congo) for biofuel production, and the project can ...

Crude palm oil futures gain for first time in 4 days

Crude palm oil futures yesterday gained for the first time in four days on speculation that an 8 per cent drop in the previous three days was excessive and may ...

Crude palm oil futures tumble to 14-week low

Malaysian crude palm oil futures tumbled 4.2 per cent to a 14-week low yesterday on fears global economic recovery could stall in the second half of the year, triggering a ...

Crude palm oil futures fall 3.3pc to new 3-month low

Malaysian crude palm oil futures dropped as much as 3.3 per cent to touch a new 3-month low yesterday as signs that a developing El Nino episode had eased and ...

MPOB Approves RM41.974 Million For Replantation By Smallholders

The Malaysian Palm Oil Board (MPOB) has approved applications for a total of RM41.974 million by smallholders for replantation exercise involving 6,995ha, MPOB director-general Datuk Dr Mohd Basri Wahid said. As ...

Crude palm oil futures tumble to 3-month low

Palm oil futures tumbled to the lowest in three months on the Malaysia Derivatives Exchange, extending last week’s 6.2 per cent slump, on concern production will increase in the second ...

Ivory Coast’s SIFCA seeks to double palm oil output

Ivory Coast's SIFCA group will double its annual palm oil output to 500,000 tonnes over the next three years with technical and financial investment from Singapore's Wilmar International (WLIL.SI: Quote, ...

Harn Len to invest RM40mil in new palm oil mill

HARN Len Corp Bhd (HLCB) will invest RM40mil in its new palm oil mill located in the Masranti Estate in Samarahan, Sarawak. Executive chairman Tan Sri Low Nam Hui said work ...