Trending News: Foreign trade expected to set new record this yearGSIS assures member data safety after security breachThree Charged For Tresspassing And Breaking Into SchoolsDOH: No mpox cases in BicolOTC Markets Group To Connect East And West With OTC OvernightClasses in 3 Bicol provinces suspended due to bad weatherInvesting In Haicang, Xiamen: A Foreign Enterprise GrowthPBBM bday gift: P3.19-B aid, free services at Level 3 public hospitalsPAS Dewan Ulama Outlines Three-pronged Strategy To Strengthen Ummah UnitySenator: Quiboloy arraignment a big step to absolute justiceBursa Malaysia Suspends Short-selling Of APB Resources SharesApl.de.Ap, ADB to establish PH’s first EV Center for ExcellenceGISB: Anwar Wants Authorities, Religious Councils To Immediately Probe, Take ActionPAL launches 3rd Cebu-Borongan weekly flightYayasan PETRONAS: Mapping Malaysia’s Seagrass Meadows for Conservation and ProtectionGuo graft case in Tarlac transferred to ValenzuelaAI-Media and Speechmatics Announce Strategic Partnership To Evolve Captioning And Language Services Technologies4 convicted for P6.4-B shabu smuggling in 201730,000 People Expected At Malaysia Day Celebration In SabahMicrosoft 365 issue affects thousands of global usersForecast Of Wet Morning On Mahkota By-election Candidate Nomination DayPH suffers 1-3 loss to Germany in Chess Olympiad round 2The Second “From Ziquejie Terraces To The World” Global Farming Culture Exchange and Mutual Learning Conference Held in Xinhua County, Hunan ProvinceDepEd chief lauds PBBM’s dedication to serving teachers, learnersOver RM96 Million In Book Vouchers Redeemed To Date – WongCop, 3 others yield P13.6-M shabu in Sulu91st Armed Forces Day: King Performs Friday Prayers At Khalid Bin Al-Walid MosquePBBM OKs repair of Santa Ana Bridge in Nueva EcijaDeviant Teachings In Selangor: JAIS Forms Task ForceRecto: ADB’s new CSP to help address PH’s dev’t needsUnmasking Future Beauty Trends – NIQCalbayog 1st city in E. Visayas declared as rebel-freeJoin Melaka Explorace 2024 And Stand A Chance To Win Attractive Prizes5,000 Reusable Bags To Be Distributed In Conjunction With Malaysia DayKura Sushi To Open World’s Largest Seating Capacity Revolving Restaurant At Osaka ExpoSeven Held Over Murder Of Myanmar Worker In Bentong factoryMBSP Announces 5 Pct Assessment Rate Hike From Next YearIpoh Woman Loses Over RM350,000 In Phone ScamPremier League Won’t Be Back So Soon, Says New MFL CEO RossiAhmad Zahid Extends Condolences To Family Of Hussein AhmadUnity Govt To Focus On Handling Issues Of The People, Economy – FahmiCops Nab Trio, Seize Drugs Worth RM5.88 MillionOTC Markets Group Announces Official Launch Of OTC Overnight, Expanding Global Market AccessCpo Futures Close Lower, Tracking Weak DemandYAPEIM Forum Aims To Discuss Strategies To Advance Islamic Economy In Southeast AsiaRiuh Bah! Marks Start Of Malaysia Day CelebrationsPDRM May Summon Top Management Of Company Linked To Child, Religious Exploitation – IGPOp Global: Give Space To Authorities To Conduct InvestigationDengue Fever Cases Increase To 1,870 In Week 36, One Death ReportedMetMalaysia Detects Fraudulent Procurement ApplicationsMATRADE Bringing Gaming Industry Players To TGS 2024 To Boost Malaysia’s Global Presence3,459 Vacancies Up For Grab At SAS 2024 Career FairMahkota Polls: EC Finalises Arrangements For Nomination DaySarawak To Continue Upholding Spirit Of Federalism In MA63 Discussions – Abang JohariBusinesswoman Loses Over RM100,000 To Phone ScamColouring Chicks Not Animal Cruelty If Safe Methods Are Used – DVSMashitah Files Defamation Suit Against NGO Over Myanmar Human Trafficking AllegationsMore Public Parking Space At Teluk Intan HospitalGrowing Climate Risks And Greenwashing Fears Threaten Bank CreditworthinessSunway Malls Breaks Record With Six Wins At PPK Malaysia AwardsBursa Malaysia Higher At Midday Following Overnight Gains On Wall StreetNational Energy Awards 2024 Showcases Malaysia’s Commitment To Energy Management, Energy Efficiency And Renewable Energy SolutionsPerak KPDN Seizes 493 Counterfeit Printer CartridgesGlobal Experts Convene To Share Insights On Farming Culture In HunanAaron-Wooi Yik To Skip China Open Due To InjuryMahkota By-election: Halal Certification Issue Not Affecting UMNO-DAP Cooperation – NgaChina EV Companies In Negotiations To Invest In PerlisPublic Told Not To Speculate On Integrated Op At Similajau National ParkNanta To Attend Future Mobility Summit In DubaiPerhilitan Captures Bull Elephant In MersingBudget 2025: KESUMA Puts Strong Emphasis On TVET Institutions – Deputy MinisterThree Immigration Officers Among Four On Remand For BriberyBlackmores Celebrates 10th Platinum Win With Trusted Brands 2024Vietnamese female professor honoured with Ramon Magsaysay AwardThe 24th China International Fair for Investment & Trade concluded with fruitful results — Investment Linking the World and Opening Up for a Win-Win FutureNegros LGUs suspend classes amid heavy rains, floodingSarawak’s Wong Hee Sieng Joins MAVCOMMarcos birthday wish: Agri sector developmentImmigration Dept Extends Operating Hours During School HolidaysDAR empowers female employees thru ‘Binibining Agraryo’Penang Coach Accepts Costly But Indisputable Penalty DecisionsPAL to launch Cebu-Osaka flights in DecemberOp Global: 13 Children Believed To Be Sodomised, Police Open IP Against Four Men – IGPDOH warns public vs. supposedly imported mpox vaxNetsfere’s Proprietary GenAi Integration Redefines Enterprise Security, ProductivityDA condemns 400 ASF-hit hogs intercepted in NCR checkpointsKura Sushi To Open Revolving Sushi Restaurant With World’s Largest Seating Capacity And Longest Lanes At Osaka-Kansai ExpoQuiboloy’s 4 aides ordered transferred to Pasig jailKing, Queen To Grace Maulidur Rasul Celebration At PICC On MondayWorking Committee To Be Established To Examine Water Pollution Threat – PMA Foreign Enterprise Increases Capital And Expands Production In Haicang, Xiamen, ChinaMASIC, Space Scotland Ink MoU To Foster Cooperation In Space SectorMalaysia Joins WIPO Alert To Strengthen Intellectual Property ProtectionPM Anwar Wishes Happy 67th Birthday To MarcosJBG To Provide Legal Companion Service To Victims Of Sexual Exploitation – AzalinaRat Droppings Force Closure Of Penang Food OutletsAviation: Malaysia’s Passenger Traffic Full Recovery May Be Delayed – MIDFMOE Agrees To 10 Sarawak Claims To Strengthen EducationFuture Trends in Beauty Available in new NielsenIQ (NIQ) Global Beauty Innovation ReportIntegrated Ticket Merging KTMB, ERL Launched To Facilitate Railway Travellers
Sat. Sep 14th, 2024
Trending News: Foreign trade expected to set new record this yearGSIS assures member data safety after security breachThree Charged For Tresspassing And Breaking Into SchoolsDOH: No mpox cases in BicolOTC Markets Group To Connect East And West With OTC OvernightClasses in 3 Bicol provinces suspended due to bad weatherInvesting In Haicang, Xiamen: A Foreign Enterprise GrowthPBBM bday gift: P3.19-B aid, free services at Level 3 public hospitalsPAS Dewan Ulama Outlines Three-pronged Strategy To Strengthen Ummah UnitySenator: Quiboloy arraignment a big step to absolute justiceBursa Malaysia Suspends Short-selling Of APB Resources SharesApl.de.Ap, ADB to establish PH’s first EV Center for ExcellenceGISB: Anwar Wants Authorities, Religious Councils To Immediately Probe, Take ActionPAL launches 3rd Cebu-Borongan weekly flightYayasan PETRONAS: Mapping Malaysia’s Seagrass Meadows for Conservation and ProtectionGuo graft case in Tarlac transferred to ValenzuelaAI-Media and Speechmatics Announce Strategic Partnership To Evolve Captioning And Language Services Technologies4 convicted for P6.4-B shabu smuggling in 201730,000 People Expected At Malaysia Day Celebration In SabahMicrosoft 365 issue affects thousands of global usersForecast Of Wet Morning On Mahkota By-election Candidate Nomination DayPH suffers 1-3 loss to Germany in Chess Olympiad round 2The Second “From Ziquejie Terraces To The World” Global Farming Culture Exchange and Mutual Learning Conference Held in Xinhua County, Hunan ProvinceDepEd chief lauds PBBM’s dedication to serving teachers, learnersOver RM96 Million In Book Vouchers Redeemed To Date – WongCop, 3 others yield P13.6-M shabu in Sulu91st Armed Forces Day: King Performs Friday Prayers At Khalid Bin Al-Walid MosquePBBM OKs repair of Santa Ana Bridge in Nueva EcijaDeviant Teachings In Selangor: JAIS Forms Task ForceRecto: ADB’s new CSP to help address PH’s dev’t needsUnmasking Future Beauty Trends – NIQCalbayog 1st city in E. Visayas declared as rebel-freeJoin Melaka Explorace 2024 And Stand A Chance To Win Attractive Prizes5,000 Reusable Bags To Be Distributed In Conjunction With Malaysia DayKura Sushi To Open World’s Largest Seating Capacity Revolving Restaurant At Osaka ExpoSeven Held Over Murder Of Myanmar Worker In Bentong factoryMBSP Announces 5 Pct Assessment Rate Hike From Next YearIpoh Woman Loses Over RM350,000 In Phone ScamPremier League Won’t Be Back So Soon, Says New MFL CEO RossiAhmad Zahid Extends Condolences To Family Of Hussein AhmadUnity Govt To Focus On Handling Issues Of The People, Economy – FahmiCops Nab Trio, Seize Drugs Worth RM5.88 MillionOTC Markets Group Announces Official Launch Of OTC Overnight, Expanding Global Market AccessCpo Futures Close Lower, Tracking Weak DemandYAPEIM Forum Aims To Discuss Strategies To Advance Islamic Economy In Southeast AsiaRiuh Bah! Marks Start Of Malaysia Day CelebrationsPDRM May Summon Top Management Of Company Linked To Child, Religious Exploitation – IGPOp Global: Give Space To Authorities To Conduct InvestigationDengue Fever Cases Increase To 1,870 In Week 36, One Death ReportedMetMalaysia Detects Fraudulent Procurement ApplicationsMATRADE Bringing Gaming Industry Players To TGS 2024 To Boost Malaysia’s Global Presence3,459 Vacancies Up For Grab At SAS 2024 Career FairMahkota Polls: EC Finalises Arrangements For Nomination DaySarawak To Continue Upholding Spirit Of Federalism In MA63 Discussions – Abang JohariBusinesswoman Loses Over RM100,000 To Phone ScamColouring Chicks Not Animal Cruelty If Safe Methods Are Used – DVSMashitah Files Defamation Suit Against NGO Over Myanmar Human Trafficking AllegationsMore Public Parking Space At Teluk Intan HospitalGrowing Climate Risks And Greenwashing Fears Threaten Bank CreditworthinessSunway Malls Breaks Record With Six Wins At PPK Malaysia AwardsBursa Malaysia Higher At Midday Following Overnight Gains On Wall StreetNational Energy Awards 2024 Showcases Malaysia’s Commitment To Energy Management, Energy Efficiency And Renewable Energy SolutionsPerak KPDN Seizes 493 Counterfeit Printer CartridgesGlobal Experts Convene To Share Insights On Farming Culture In HunanAaron-Wooi Yik To Skip China Open Due To InjuryMahkota By-election: Halal Certification Issue Not Affecting UMNO-DAP Cooperation – NgaChina EV Companies In Negotiations To Invest In PerlisPublic Told Not To Speculate On Integrated Op At Similajau National ParkNanta To Attend Future Mobility Summit In DubaiPerhilitan Captures Bull Elephant In MersingBudget 2025: KESUMA Puts Strong Emphasis On TVET Institutions – Deputy MinisterThree Immigration Officers Among Four On Remand For BriberyBlackmores Celebrates 10th Platinum Win With Trusted Brands 2024Vietnamese female professor honoured with Ramon Magsaysay AwardThe 24th China International Fair for Investment & Trade concluded with fruitful results — Investment Linking the World and Opening Up for a Win-Win FutureNegros LGUs suspend classes amid heavy rains, floodingSarawak’s Wong Hee Sieng Joins MAVCOMMarcos birthday wish: Agri sector developmentImmigration Dept Extends Operating Hours During School HolidaysDAR empowers female employees thru ‘Binibining Agraryo’Penang Coach Accepts Costly But Indisputable Penalty DecisionsPAL to launch Cebu-Osaka flights in DecemberOp Global: 13 Children Believed To Be Sodomised, Police Open IP Against Four Men – IGPDOH warns public vs. supposedly imported mpox vaxNetsfere’s Proprietary GenAi Integration Redefines Enterprise Security, ProductivityDA condemns 400 ASF-hit hogs intercepted in NCR checkpointsKura Sushi To Open Revolving Sushi Restaurant With World’s Largest Seating Capacity And Longest Lanes At Osaka-Kansai ExpoQuiboloy’s 4 aides ordered transferred to Pasig jailKing, Queen To Grace Maulidur Rasul Celebration At PICC On MondayWorking Committee To Be Established To Examine Water Pollution Threat – PMA Foreign Enterprise Increases Capital And Expands Production In Haicang, Xiamen, ChinaMASIC, Space Scotland Ink MoU To Foster Cooperation In Space SectorMalaysia Joins WIPO Alert To Strengthen Intellectual Property ProtectionPM Anwar Wishes Happy 67th Birthday To MarcosJBG To Provide Legal Companion Service To Victims Of Sexual Exploitation – AzalinaRat Droppings Force Closure Of Penang Food OutletsAviation: Malaysia’s Passenger Traffic Full Recovery May Be Delayed – MIDFMOE Agrees To 10 Sarawak Claims To Strengthen EducationFuture Trends in Beauty Available in new NielsenIQ (NIQ) Global Beauty Innovation ReportIntegrated Ticket Merging KTMB, ERL Launched To Facilitate Railway Travellers
Sat. Sep 14th, 2024

Cpo Futures End Higher On Stronger Dalian Olein Prices


KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Friday, driven by the stronger Dalian Commodity Exchange’s palm olein prices, a dealer said.

Palm oil trader David Ng said the expectation of strong demand for the commodity also influenced the local market sentiment.

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

Meanwhile, Fastmarkets senior analyst Sathia Varqa said CPO futures made steady gains in the second half of the day with prices going up by RM20 to RM40 as bargain buying opportunities emerged, on the back of higher palm olein futures on the Dalian Exchange.

However, he said the higher ringgit performance this week capped the gains in CPO futures.

At the close, the spot month August 2024 contract rose by RM33 to RM4,021 a tonne, September 2024 increased RM46 to RM3,972 a tonne, and October 2024 gained RM47 to RM3,917 a tonne.

The November 2024 contract climbed RM44 to RM3,881 a tonne, December 2024 incr
eased RM36 to RM3,859 a tonne, and January 2025 advanced RM32 to RM3,848 a tonne.

Total volume decreased to 99,595 lots from Thursday’s 123,789 lots, while open interest declined to 218,654 contracts from 218,898 contracts previously.

The physical CPO price for August South increased by RM20 to RM4,050 per tonne.

Source: BERNAMA News Agency

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