Trending News: Party official receives Moroccan guestASA 2024: 1,860 Entries From Local Creative Industry, Broadcasting Practitioners – Fahmi FadzilSPAN To Develop Strategic Plan To Combat Corruption In Water Services IndustryASEAN 2025: Bernama Appointed Official Media, International Media Centre Coordinator, RTM Official BroadcasterFloods: Public Urged To Take Electrical, Gas Safety PrecautionsIncreasing Productivity, Diversifying Domestic Portfolio To Reduce Deficit In Workers’ Compensation AccountExpedition to a Global Stage: AITO Exhibits High-End Intelligent SUVs at the Paris Motor Show 2024ASEAN 2025 Chair: KSN To Lead senior Officials Meeting To Ensure Highest Level PreparationsMIGHT, Tenmak Exchange MoU On RandD For Industry DevelopmentMotorists Urged To Be Cautious As Several Roads In The Capital Hit By Flash FloodsMedical Officer Loses Over RM113,000 To Fake Online Job ScamBursa Malaysia Opens Mixed But Turns Lower ThereafterKDN To Focus On Resolving Citizenship Status Of Permanent ResidentsKioxia Demonstrates Flexible Data Placement-Enabled SSD Running RocksDB At 2024 OCP Global SummitBernama News In Brief: Oct 16Ringgit Up Vs USD On Trump’s Tariff Hike PlanCPO Futures Rebound To Close Higher Tracking Bullish CBOT Soybean OilGuilin ‘A Feast For The Eyes’ For VisitorsMSPO Certification: A Step Towards Sustainability, Impact And Challenges For SmallholdersDuo Held For Alleged Petrol Smuggling, Air Rifle Possession In Tanah MerahSyndicate Bringing In Foreigners Among Issues In Parliament WednesdayIncrease Allocation In Budget 2025 To Improve Drainage Systems – LeeGraft charges filed vs. Porac mayor, others over raided POGOCops Fire Seven Shots After Suspects Tried to Ram Patrol CarDOH urges parents to join drive in school-based vax program in NorMinPenang Councils On 24-hour Alert As Northeast Monsoon LoomsDolorito leads Lyceum to victory over Perpetual in Shakey’s volleyballQuadcom to trace money trail in Duterte drug warSabah Agrees To Adjust Salary For State Civil Servants In Line With SSPA – HajijiIt’s final: House Appropriations panel slashes OVP budget by P1.3-BMBSP Launches i-SWeeP System To Streamline Cleaning-related ServicesSenate panel OKs DAR’s proposed 2025 budgetSime Darby to Enhance ROE, Plans Strategic Growth for FY2025P92-M road projects to improve access, boost tourism in IloiloMelaka Allocates RM4.64 Mln To Restore Infrastructure Damaged By FloodsDavao City summit to discuss AI, emerging techResidents Cry Foul Over Silent Flood Warning SirenPSEi snaps winning streak, peso slightly upAbang Johari Launches CybersarawakComelec releases partial list of 66 senatorial betsFive IT Company Employees Charged With Unauthorised Modification Of MOH ApplicationLack of trust main challenge in disaster, risk communication: expertExciting Activities Await Visitors At madani Rakyat Sayangi Sabah ProgrammeKadiwa ng Pangulo program to be expanded in VisMin this monthSoil Nailing Method Proposed For Taman Melawati Landslide RepairDA: Solar, mega cold storage facilities to help curb food wastageBudget 2025: PGSM Urges Continued Funding For Syariah Legal AidManila hosts world’s lone summit for investment policymakersGISBH: Individuals Observed ‘monitoring’ Shelters For Rescued Children – Nancy169 PPP projects in pipelineNational Financial Planning Day‘Layover tours’ for transiting NAIA passengers to launch in NovemberCustoms Busts Attempt To Smuggle 40kg Of Drugs Hidden In Industrial MachineBSP cuts key rates by another 25 basis pointsMedical Teams Mobilised To Assist Flood Evacuees In Jasin – ExcoSenate panel to launch own probe on Duterte’s drug warMARDI Set To Strengthen IP Management With TICS MembershipPH eyes 456K rooms, ‘globally competitive’ hotel sector by 2028SC Plays Active Role In ASEAN Taxonomy – ChairmanDPWH completes P191-M road enhancement projects in Nueva EcijaMIDA, MTUN Deal To Boost Highly-skilled WorkforceDOST backs consensus-based analytical solutions for food safety in SEADewan Rakyat News-In-Brief: Oct 16Blazers whip Chiefs to keep NCAA leadDr M Unwell, Defamation Suit Hearing Against Ahmad Zahid Postponed To Oct 29DOJ highlights women PDL empowerment, criminal justice reforms in PHClose Cooperation In TVET, Halal Industry Strengthens Malaysia-Philippine Ties – DPM Ahmad ZahidLoss and Damage Fund Board to meet in PH in DecemberSelangor Sultan Receives RM3.9 Million In Business Zakat From PNBP29/kg. rice available in Camarines Sur Oct. 17Special Committee Formed To Reduce SPM absenteeismDepEd chief highlights securing basics, partnerships in 1st 100 daysBursa Malaysia Ends Morning Session Lower On Profit-takingMOU inked to enhance sea travel safety in Surigao CityTaman Melawati Among 114 High-risk Landslide Hotspots In Ampang Jaya District – AmirudinChiz: Senate remains a pillar of democracy, nation-buildingOnline Safety Bill To Mandate Three Key Responsibilities For Platform ProvidersSeptember car sales up 2.4%PM To Chair Special Cabinet Meeting Today To Discuss Preparations For ASEAN ChairmanshipPBBM lauded for fostering stronger PH-UAE tiesBursa Malaysia Lower at Mid-MorningLegarda highlights need for inclusivity in building resilient futureNortheast Monsoon: Decline In Fish Landing; DOF To Ensure Supply Stability NationwideCIDG-BARMM arrests 2 suspected gunrunners in MagNorFrom Factory Floor To Auto Show: The “Eurasian Tour With AITO” Convoy Arrives In Paris4 Negros cities listed in ‘Green Destinations Top 100 Stories’Mohamed Khaled Receives Courtesy Call From Thales International CeoPalace backs probe into high-profile killings in Duterte’s drug warMetMalaysia Warns Of Thunderstorms, Heavy Rain In Sabah, Labuan And SarawakFaithful welcomes creation of new diocese in Caraga RegionSlight Increase In Number Of Flood Victims In Kedah, PerakBARMM lawmaker offers P200K for arrest of office grenade attackerBudget 2025: MOH Focuses On Primary Healthcare To Address Chronic DiseasesDSWD urges 4Ps beneficiaries to register with PhilSysMan’s Body Found In Retention Pond Near North-South HighwayNSC: AI report on PH gov’t stifling dissent ‘misleading, baseless’Online Crime Cases Up By 35.5 Per Cent In 2023 – DOSMBJMP, Red Cross launch system on better health services for PDLsGardener Turned Gang Leader Fined RM22,500 For Theft, Mischief, TrespassingMalaysia, Philippines Committed To Ongoing Negotiations Regarding South China Sea – Anwar
Fri. Oct 18th, 2024
Trending News: Party official receives Moroccan guestASA 2024: 1,860 Entries From Local Creative Industry, Broadcasting Practitioners – Fahmi FadzilSPAN To Develop Strategic Plan To Combat Corruption In Water Services IndustryASEAN 2025: Bernama Appointed Official Media, International Media Centre Coordinator, RTM Official BroadcasterFloods: Public Urged To Take Electrical, Gas Safety PrecautionsIncreasing Productivity, Diversifying Domestic Portfolio To Reduce Deficit In Workers’ Compensation AccountExpedition to a Global Stage: AITO Exhibits High-End Intelligent SUVs at the Paris Motor Show 2024ASEAN 2025 Chair: KSN To Lead senior Officials Meeting To Ensure Highest Level PreparationsMIGHT, Tenmak Exchange MoU On RandD For Industry DevelopmentMotorists Urged To Be Cautious As Several Roads In The Capital Hit By Flash FloodsMedical Officer Loses Over RM113,000 To Fake Online Job ScamBursa Malaysia Opens Mixed But Turns Lower ThereafterKDN To Focus On Resolving Citizenship Status Of Permanent ResidentsKioxia Demonstrates Flexible Data Placement-Enabled SSD Running RocksDB At 2024 OCP Global SummitBernama News In Brief: Oct 16Ringgit Up Vs USD On Trump’s Tariff Hike PlanCPO Futures Rebound To Close Higher Tracking Bullish CBOT Soybean OilGuilin ‘A Feast For The Eyes’ For VisitorsMSPO Certification: A Step Towards Sustainability, Impact And Challenges For SmallholdersDuo Held For Alleged Petrol Smuggling, Air Rifle Possession In Tanah MerahSyndicate Bringing In Foreigners Among Issues In Parliament WednesdayIncrease Allocation In Budget 2025 To Improve Drainage Systems – LeeGraft charges filed vs. Porac mayor, others over raided POGOCops Fire Seven Shots After Suspects Tried to Ram Patrol CarDOH urges parents to join drive in school-based vax program in NorMinPenang Councils On 24-hour Alert As Northeast Monsoon LoomsDolorito leads Lyceum to victory over Perpetual in Shakey’s volleyballQuadcom to trace money trail in Duterte drug warSabah Agrees To Adjust Salary For State Civil Servants In Line With SSPA – HajijiIt’s final: House Appropriations panel slashes OVP budget by P1.3-BMBSP Launches i-SWeeP System To Streamline Cleaning-related ServicesSenate panel OKs DAR’s proposed 2025 budgetSime Darby to Enhance ROE, Plans Strategic Growth for FY2025P92-M road projects to improve access, boost tourism in IloiloMelaka Allocates RM4.64 Mln To Restore Infrastructure Damaged By FloodsDavao City summit to discuss AI, emerging techResidents Cry Foul Over Silent Flood Warning SirenPSEi snaps winning streak, peso slightly upAbang Johari Launches CybersarawakComelec releases partial list of 66 senatorial betsFive IT Company Employees Charged With Unauthorised Modification Of MOH ApplicationLack of trust main challenge in disaster, risk communication: expertExciting Activities Await Visitors At madani Rakyat Sayangi Sabah ProgrammeKadiwa ng Pangulo program to be expanded in VisMin this monthSoil Nailing Method Proposed For Taman Melawati Landslide RepairDA: Solar, mega cold storage facilities to help curb food wastageBudget 2025: PGSM Urges Continued Funding For Syariah Legal AidManila hosts world’s lone summit for investment policymakersGISBH: Individuals Observed ‘monitoring’ Shelters For Rescued Children – Nancy169 PPP projects in pipelineNational Financial Planning Day‘Layover tours’ for transiting NAIA passengers to launch in NovemberCustoms Busts Attempt To Smuggle 40kg Of Drugs Hidden In Industrial MachineBSP cuts key rates by another 25 basis pointsMedical Teams Mobilised To Assist Flood Evacuees In Jasin – ExcoSenate panel to launch own probe on Duterte’s drug warMARDI Set To Strengthen IP Management With TICS MembershipPH eyes 456K rooms, ‘globally competitive’ hotel sector by 2028SC Plays Active Role In ASEAN Taxonomy – ChairmanDPWH completes P191-M road enhancement projects in Nueva EcijaMIDA, MTUN Deal To Boost Highly-skilled WorkforceDOST backs consensus-based analytical solutions for food safety in SEADewan Rakyat News-In-Brief: Oct 16Blazers whip Chiefs to keep NCAA leadDr M Unwell, Defamation Suit Hearing Against Ahmad Zahid Postponed To Oct 29DOJ highlights women PDL empowerment, criminal justice reforms in PHClose Cooperation In TVET, Halal Industry Strengthens Malaysia-Philippine Ties – DPM Ahmad ZahidLoss and Damage Fund Board to meet in PH in DecemberSelangor Sultan Receives RM3.9 Million In Business Zakat From PNBP29/kg. rice available in Camarines Sur Oct. 17Special Committee Formed To Reduce SPM absenteeismDepEd chief highlights securing basics, partnerships in 1st 100 daysBursa Malaysia Ends Morning Session Lower On Profit-takingMOU inked to enhance sea travel safety in Surigao CityTaman Melawati Among 114 High-risk Landslide Hotspots In Ampang Jaya District – AmirudinChiz: Senate remains a pillar of democracy, nation-buildingOnline Safety Bill To Mandate Three Key Responsibilities For Platform ProvidersSeptember car sales up 2.4%PM To Chair Special Cabinet Meeting Today To Discuss Preparations For ASEAN ChairmanshipPBBM lauded for fostering stronger PH-UAE tiesBursa Malaysia Lower at Mid-MorningLegarda highlights need for inclusivity in building resilient futureNortheast Monsoon: Decline In Fish Landing; DOF To Ensure Supply Stability NationwideCIDG-BARMM arrests 2 suspected gunrunners in MagNorFrom Factory Floor To Auto Show: The “Eurasian Tour With AITO” Convoy Arrives In Paris4 Negros cities listed in ‘Green Destinations Top 100 Stories’Mohamed Khaled Receives Courtesy Call From Thales International CeoPalace backs probe into high-profile killings in Duterte’s drug warMetMalaysia Warns Of Thunderstorms, Heavy Rain In Sabah, Labuan And SarawakFaithful welcomes creation of new diocese in Caraga RegionSlight Increase In Number Of Flood Victims In Kedah, PerakBARMM lawmaker offers P200K for arrest of office grenade attackerBudget 2025: MOH Focuses On Primary Healthcare To Address Chronic DiseasesDSWD urges 4Ps beneficiaries to register with PhilSysMan’s Body Found In Retention Pond Near North-South HighwayNSC: AI report on PH gov’t stifling dissent ‘misleading, baseless’Online Crime Cases Up By 35.5 Per Cent In 2023 – DOSMBJMP, Red Cross launch system on better health services for PDLsGardener Turned Gang Leader Fined RM22,500 For Theft, Mischief, TrespassingMalaysia, Philippines Committed To Ongoing Negotiations Regarding South China Sea – Anwar
Fri. Oct 18th, 2024

CPO FUTURES CLOSE LOWER, TRACKING WEAKNESS IN SOYBEAN OIL

KUALA LUMPUR, The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower for the third consecutive day on Thursday, tracking weakness in the Chicago soybean oil market and weaker Dalian palm olein prices.

However, palm oil trader David Ng said downside pressure was being capped by the expectation of stronger demand, which may absorb the increase in output trend.

‘We see support at RM3,850 and resistance at RM4,000,’ he told Bernama.

At the close, spot month August 2024 contract fell by RM16 to RM4,008 a tonne, September 2024 weakened by RM1 to RM3,950 a tonne, and October 2024 shed RM7 to RM3,918 a tonne.

November 2024, December 2024 and January 2025 contracts decreased by RM10 each to RM3,902, RM3,904 and RM3,916 a tonne, respectively.

Total volume shrank to 66,335 lots from Wednesday’s 71,404 lots, while open interest expanded to 222,405 contracts from 221,901 contracts previously.

The physical CPO price for July South was unchanged at RM4,040 per tonne.

Source: BERNAMA News
Agency

    • malaysiang

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