Trending News: Road Closures In Klang On Sunday For Selangor Police Integrity Half Marathon‘Habagat’ to bring heavy rains in NCR, other parts of LuzonRetail Prices Of RON97, Diesel Drop 6 Sen From TomorrowVNA emphasises journalism ethics in digital age at OANA meetingFalling Tree Incident: Two Seriously Injured; Car And Motorcycle DamagedUrban area worth nearly 3 billion USD to be built in Dong NaiMan Killed In 10-vehicle Pile-up In SerembanHanoi fair spotlights supporting industriesKLIA Immigration Officers Banned From Using Mobile Phones While On Duty – Azam BakiVietnam climbs one place in UN e-government indexKelantan Monitoring Movements Of GISBH, Ready To Cooperate With Police – ExcoAutomobile sales in Vietnam down 13% in AugustRM800,000 Cash Seized From Immigration Officers In ‘Counter Setting’ SyndicateHCM City hosts int’l printing & packaging industry exhibitionKing’s Personal Medical Team Extends Helping Hand To Road Crash VictimsASEAN, Mekong River Commission discuss water securityHuge Waves: Penang Restaurant Owners Suffer Losses Up To RM200,000Governors, mayors of ASEAN capitals meet in VientianeCPO Futures Snap Three-day Losing Streak To End HigherVietnam attends major travel fair in FranceParty Central Committee kicks off 10th plenumCAAM Must Strengthen Capabilities To Tackle Global Aviation Challenges – HasbiMyEG Rises 8.6 Pct In Early TradeStatement On Suspension Of Perlis PAS Info Chief Is Fake – TakiyuddinToo Early, Immature For PN To Reject Draft MOU For MP Allocation – AnalystsMahkota Polls: Syed Hussien Confident In Support But Cautious Of OppositionCGF Delighted As Glasgow Gets Green Light To Host 2026 Commonwealth GamesNo Issues If Harimau Malaya Plans To ‘Operate Independently’ – AFCChina Open: Kian Meng-Pei Jing Enter Second RoundSeveral Potential Medal Sports Set To Reinstated at 2025 Thailand SEA GamesATBC: Muhammad Rafiq Strikes Gold As Malaysians Sweep All Men’s Singles MedalsJDT, Selangor, T’ganu, KL Allowed To Have 12 Foreign Players – MFLKLSCM 2024 Attracts Record 42,000 ParticipantsACLE: JDT Let Go Of Lead Twice In Draw With Shanghai Port FCAsian Beach Sepak Takraw C’ships Opening Ceremony Postponed – ASTAFAirbus Expansion In Malaysia Offers Promising Avenue For Green AviationHCM City’s mechanical, electrical firms seek business opportunity in USHLIB : Malaysia In Strong Position Amid US Election UncertaintyUNDP-supported campaign helps collect waste on Can Tho RiverDien Bien boosts inspection – inspectorate cooperation with Lao localitiesBudget 2025: BIMB Securities Expects Malaysia’s Fiscal Deficit To Be Lower At 3.5 PctKien Giang presses ahead with search for Vietnamese volunteer soldiers’ remains in CambodiaInsurers, Takaful Operators Must Expand Capacity, Bridge Protection Gaps – BNM GovernorEngineering unit, field hospital ready for UN peacekeeping missionsLCR Expects To Improve, Supporting NIM Recovery – Maybank IBNavigating The EU’s Carbon Border Policy MIDA And Alliance Bank Host CBAM Workshop For Malaysian BusinessesMIDA, Alliance Bank Host CBAM Workshop To Explore Sustainable Industrial PracticesBiggest festival of Caodaism attracts crowdsGentrification Of Islamic Finance – More Than Just Shariah CompliancePCG Continues Be Green Programme For The Second Year In IndonesiaCapital A, PT Garuda Indonesia Invest US$12 Mln In JV To Revolutionise Landing Gear ServicesAdaptable Social Protection Frameworks Crucial To Address Evolving Challenges – PERKESOHaily Group Unit Bags Construction Contract Worth RM75.9 MlnAl-Sultan Abdullah Wants Islamic Institutions In Pahang To Be Empowered Into The MainstreamSubmissions For Sarawak Digital Economy Awards 2024 Open Until Sept 23Bank Muamalat Helps Four Entrepreneurs Get Jakim Halal CertificationChinese Tourists Killed By Uprooted Tree In PenangHDC Studies New Incentives To Boost Foreign Investments In Halal IndustryVietnam’s seafood exports continue recoveryElderly Man Killed By Falling Tree At CampsiteMalaysians Creating Waves At International Oncology CongressBuilding Up World’s Iconic Landmarks, Eversendai Is Pride Of Malaysia – NantaGISBH Case: King Decrees PDRM To Conduct Comprehensive ProbeMinistry To Appoint YSS Volunteer Alumni As Unity AgentsNurse Pleads Not Guilty To Causing Baby’s DeathComprehensive Preparations Needed Before Malaysia Assumes Role of ASEAN 2025 Chairman – Anwar10 Langkawi-Kuala Kedah-Langkawi Ferry Trips Cancelled Due To High WavesHums Will Improve Quality Of Medical Education, Training And Services – ZambryOp Global: Victims Found To Suffer From Physical And Emotional AbuseBudget 2025: Federal Government To Focus On Inflation Stabilisation – FadillahOp Global: Police To Submit Three Investigation Papers To AGC – IGPAnwar Reiterates M’sia’s Commitment To Achieving 2030 Agenda For Sustainable DevelopmentUnwind and Revitalise in the Urban Wellness Paradise of Hong Kong This AutumnMersing Scientific Expedition On Biodiversity To Stimulate Johor Ecotourism – LingBest’s Market Segment Report: Am Best Revises Outlook On Taiwan’s Non-life Insurance Segment To StableAgrobank Aquaculture Aspire Programme To Involve PMVA, PPKI Students NationwideOnline Ticketing System Being Developed To Ease Congestion At Johor Zoo – ExcoRemand Extended For Three Women In Child Exploitation CaseThe Processing Industry In Jingxi City, Guangxi Promoted To Drive Local Economic GrowthFederal Govt To Launch 23 New Affordable Housing Projects Nationwide Under 12th MPSCF Acquires Newpark Fluids SystemsKedah JBPM Prepares For Worsening Flood Situation, Freezes LeaveAKPK: Empowering The People Towards Financial FreedomNo Reports Of Homes Under LPHS Have Been Purchased By GISBH – Selangor ExcoBursa Malaysia Maintains Uptrend At Mid-morning, Glove Counters Among Top GainersNanta: Works Ministry Holds Discussion With Salik Company On Use Of MLFF Toll SystemMOH Detects New Case Of MpoxPara SUKMA: Kelantan Hoping For Favourable Gold Medal Harvest From Athletics And WeightliftingEIG’s MidOcean Energy to Acquire Additional 15% Interest in Peru LNG from Hunt Oil CompanyHeavy Rain Triggers Flooding In Nibong Tebal, Authorities On StandbyOver 23,000 Malaysians Enter Thailand Via Perlis Border CheckpointsFindings On GISBH’s Alleged Deviant Practices Should Be Presented To Selangor Fatwa Committee – MAISPETRONAS Innovation Garage Nurtures Employee-driven Start-ups, Connects Them To Potential Partners And InvestorsPARA Sukma: 25 RapidKL Buses Arrive In Sarawak To Provide Transportation For Para AthletesFlood In Kubang Pasu: 53 Residents EvacuatedPM Anwar Mourns The Loss Of Former BNM Governor Tan Sri Ahmad Mohd DonFBM KLCI Rises 0.17 Pct In Early TradeArmizan: JPH Agrees To Integrated Maize Grain Development Initiative For Sabah, SarawakAkur8 Secures $120 Million In Series C Round To Accelerate Growth Of Its Next Generation Actuarial PlatformSabah Fire Dept Receives 20 Emergency Calls On Fallen Trees Since Yesterday
Thu. Sep 19th, 2024
Trending News: Road Closures In Klang On Sunday For Selangor Police Integrity Half Marathon‘Habagat’ to bring heavy rains in NCR, other parts of LuzonRetail Prices Of RON97, Diesel Drop 6 Sen From TomorrowVNA emphasises journalism ethics in digital age at OANA meetingFalling Tree Incident: Two Seriously Injured; Car And Motorcycle DamagedUrban area worth nearly 3 billion USD to be built in Dong NaiMan Killed In 10-vehicle Pile-up In SerembanHanoi fair spotlights supporting industriesKLIA Immigration Officers Banned From Using Mobile Phones While On Duty – Azam BakiVietnam climbs one place in UN e-government indexKelantan Monitoring Movements Of GISBH, Ready To Cooperate With Police – ExcoAutomobile sales in Vietnam down 13% in AugustRM800,000 Cash Seized From Immigration Officers In ‘Counter Setting’ SyndicateHCM City hosts int’l printing & packaging industry exhibitionKing’s Personal Medical Team Extends Helping Hand To Road Crash VictimsASEAN, Mekong River Commission discuss water securityHuge Waves: Penang Restaurant Owners Suffer Losses Up To RM200,000Governors, mayors of ASEAN capitals meet in VientianeCPO Futures Snap Three-day Losing Streak To End HigherVietnam attends major travel fair in FranceParty Central Committee kicks off 10th plenumCAAM Must Strengthen Capabilities To Tackle Global Aviation Challenges – HasbiMyEG Rises 8.6 Pct In Early TradeStatement On Suspension Of Perlis PAS Info Chief Is Fake – TakiyuddinToo Early, Immature For PN To Reject Draft MOU For MP Allocation – AnalystsMahkota Polls: Syed Hussien Confident In Support But Cautious Of OppositionCGF Delighted As Glasgow Gets Green Light To Host 2026 Commonwealth GamesNo Issues If Harimau Malaya Plans To ‘Operate Independently’ – AFCChina Open: Kian Meng-Pei Jing Enter Second RoundSeveral Potential Medal Sports Set To Reinstated at 2025 Thailand SEA GamesATBC: Muhammad Rafiq Strikes Gold As Malaysians Sweep All Men’s Singles MedalsJDT, Selangor, T’ganu, KL Allowed To Have 12 Foreign Players – MFLKLSCM 2024 Attracts Record 42,000 ParticipantsACLE: JDT Let Go Of Lead Twice In Draw With Shanghai Port FCAsian Beach Sepak Takraw C’ships Opening Ceremony Postponed – ASTAFAirbus Expansion In Malaysia Offers Promising Avenue For Green AviationHCM City’s mechanical, electrical firms seek business opportunity in USHLIB : Malaysia In Strong Position Amid US Election UncertaintyUNDP-supported campaign helps collect waste on Can Tho RiverDien Bien boosts inspection – inspectorate cooperation with Lao localitiesBudget 2025: BIMB Securities Expects Malaysia’s Fiscal Deficit To Be Lower At 3.5 PctKien Giang presses ahead with search for Vietnamese volunteer soldiers’ remains in CambodiaInsurers, Takaful Operators Must Expand Capacity, Bridge Protection Gaps – BNM GovernorEngineering unit, field hospital ready for UN peacekeeping missionsLCR Expects To Improve, Supporting NIM Recovery – Maybank IBNavigating The EU’s Carbon Border Policy MIDA And Alliance Bank Host CBAM Workshop For Malaysian BusinessesMIDA, Alliance Bank Host CBAM Workshop To Explore Sustainable Industrial PracticesBiggest festival of Caodaism attracts crowdsGentrification Of Islamic Finance – More Than Just Shariah CompliancePCG Continues Be Green Programme For The Second Year In IndonesiaCapital A, PT Garuda Indonesia Invest US$12 Mln In JV To Revolutionise Landing Gear ServicesAdaptable Social Protection Frameworks Crucial To Address Evolving Challenges – PERKESOHaily Group Unit Bags Construction Contract Worth RM75.9 MlnAl-Sultan Abdullah Wants Islamic Institutions In Pahang To Be Empowered Into The MainstreamSubmissions For Sarawak Digital Economy Awards 2024 Open Until Sept 23Bank Muamalat Helps Four Entrepreneurs Get Jakim Halal CertificationChinese Tourists Killed By Uprooted Tree In PenangHDC Studies New Incentives To Boost Foreign Investments In Halal IndustryVietnam’s seafood exports continue recoveryElderly Man Killed By Falling Tree At CampsiteMalaysians Creating Waves At International Oncology CongressBuilding Up World’s Iconic Landmarks, Eversendai Is Pride Of Malaysia – NantaGISBH Case: King Decrees PDRM To Conduct Comprehensive ProbeMinistry To Appoint YSS Volunteer Alumni As Unity AgentsNurse Pleads Not Guilty To Causing Baby’s DeathComprehensive Preparations Needed Before Malaysia Assumes Role of ASEAN 2025 Chairman – Anwar10 Langkawi-Kuala Kedah-Langkawi Ferry Trips Cancelled Due To High WavesHums Will Improve Quality Of Medical Education, Training And Services – ZambryOp Global: Victims Found To Suffer From Physical And Emotional AbuseBudget 2025: Federal Government To Focus On Inflation Stabilisation – FadillahOp Global: Police To Submit Three Investigation Papers To AGC – IGPAnwar Reiterates M’sia’s Commitment To Achieving 2030 Agenda For Sustainable DevelopmentUnwind and Revitalise in the Urban Wellness Paradise of Hong Kong This AutumnMersing Scientific Expedition On Biodiversity To Stimulate Johor Ecotourism – LingBest’s Market Segment Report: Am Best Revises Outlook On Taiwan’s Non-life Insurance Segment To StableAgrobank Aquaculture Aspire Programme To Involve PMVA, PPKI Students NationwideOnline Ticketing System Being Developed To Ease Congestion At Johor Zoo – ExcoRemand Extended For Three Women In Child Exploitation CaseThe Processing Industry In Jingxi City, Guangxi Promoted To Drive Local Economic GrowthFederal Govt To Launch 23 New Affordable Housing Projects Nationwide Under 12th MPSCF Acquires Newpark Fluids SystemsKedah JBPM Prepares For Worsening Flood Situation, Freezes LeaveAKPK: Empowering The People Towards Financial FreedomNo Reports Of Homes Under LPHS Have Been Purchased By GISBH – Selangor ExcoBursa Malaysia Maintains Uptrend At Mid-morning, Glove Counters Among Top GainersNanta: Works Ministry Holds Discussion With Salik Company On Use Of MLFF Toll SystemMOH Detects New Case Of MpoxPara SUKMA: Kelantan Hoping For Favourable Gold Medal Harvest From Athletics And WeightliftingEIG’s MidOcean Energy to Acquire Additional 15% Interest in Peru LNG from Hunt Oil CompanyHeavy Rain Triggers Flooding In Nibong Tebal, Authorities On StandbyOver 23,000 Malaysians Enter Thailand Via Perlis Border CheckpointsFindings On GISBH’s Alleged Deviant Practices Should Be Presented To Selangor Fatwa Committee – MAISPETRONAS Innovation Garage Nurtures Employee-driven Start-ups, Connects Them To Potential Partners And InvestorsPARA Sukma: 25 RapidKL Buses Arrive In Sarawak To Provide Transportation For Para AthletesFlood In Kubang Pasu: 53 Residents EvacuatedPM Anwar Mourns The Loss Of Former BNM Governor Tan Sri Ahmad Mohd DonFBM KLCI Rises 0.17 Pct In Early TradeArmizan: JPH Agrees To Integrated Maize Grain Development Initiative For Sabah, SarawakAkur8 Secures $120 Million In Series C Round To Accelerate Growth Of Its Next Generation Actuarial PlatformSabah Fire Dept Receives 20 Emergency Calls On Fallen Trees Since Yesterday
Thu. Sep 19th, 2024

CPO Futures Snap Three-day Losing Streak To End Higher

KUALA LUMPUR, Crude palm oil (CPO) futures on Bursa Malaysia Derivatives snapped a three-day losing streak to end higher on Wednesday as the market expects a resumption of vegetable oil demand from India for the upcoming festive season, said a trader.

Mumbai-based Sunvin Group commodity research head Anilkumar Bagani said the steady recovery in ultra-low sulfur diesel (ULSD) and energy prices also lifted market sentiments.

‘The bullish momentum in soybean oil futures on the Chicago Board of Trade and Chinese vegetable oil futures further fuelled the market,’ he told Bernama.

Palm oil trader David Ng said CPO futures rallied above RM3,800 amid concerns over the expected weaker output. ‘We see support at RM3,780 and resistance at RM3,920,’ he added.

At the close, the spot month October 2024 contract was RM70 higher at RM3,917, November 2024 gained RM105 to RM3,871 and benchmark December 2024 gained RM109 to RM3,845 per tonne.

The January 2025 note advanced by RM106 to RM3,821, February 2025 rose RM105 to
RM3,807 and March 2025 added RM96 to RM3,794.

The volume increased to 82,747 lots from 77,497 lots on Tuesday while open interest dropped to 251,511 contracts from 255,163 previously.

The physical CPO price for October South increased by RM50 to RM4,000 per tonne.

Source: BERNAMA News Agency

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