Trending News: PBBM OKs P7.9-B for immunization drive; Bakuna Eskuwela set Oct. 7Perak Aims To Become Major Global Halal Gelatine Industry Player4.3K people evacuated as ‘Gener’ causes floods in BicolCPO Futures End Lower For Third Consecutive Trading DayAustralian scientist develops new cancer screening testOver 55 Israeli evacuation orders cover more than 85% of Gaza: UNDeath toll in Sudan cholera outbreak reaches 315China Open 2024: Three Malaysian Men’s Doubles Pairs Advance To Second Round‘Gener’ to exit PAR within 24 hoursMITRA To Open Applications For PPSMI 2025 Grants On Oct 151st in 50 years: Endangered one-horned rhino born in JapanSaviynt’s Converge Global Tour 2024 Comes to SingaporeNA’s Party Delegation, Gov’t Party Civil Affairs Committee prepare for legislature’s 8th sessionPresident presents first-class Labour Order to Ho Chi Minh National Academy of PoliticsPM urges speeding up construction of key transport projectsVietnamese in Germany donate to support typhoon victimsPower restored to nearly 99% of typhoon-affected clientsTVET Players Urged To Support Halal Industry Ecosystem, TalentsPBBM endorses Garafil as MECO board chairLabuan’s ‘Program Residensi Rakyat’ Batu Arang To Welcome 500 Occupants Next MonthTop leader receives new Chinese AmbassadorAI-Media Partners Speechmatics To Evolve Captioning, Language Services TechnologiesMalaysia-Brazil To Collaborate, Tap US$3 Trillion Global Halal Market – Deputy MinisterSCF Acquires Newpark Resources’ Fluids Systems BusinessNational Single Window Initiative Will Boost Malaysia-China Trade — MITIMIHAS To Make Dubai Global Debut In November, Targets Rm1 Bln Sales – Tengku Zafrul11x Secures US$24 Mln To Advance AI-Powered Digital Workers, Expand Global FootprintForeign Investors Netted RM217.6 Mln In Equities Last Week – MIDFMalaysia’s Economic Growth Sparks Review Of 2030 SDG Progress – Hanifah HajarHeitech Padu Soars 10 Pct On RM133.7 Mln RTD ContractHalal Industry More Comprehensive, Can Complement Islamic Economy — PM AnwarAkur8 Raises US$120 Mln To Boost Next Generation Actuarial Platform GrowthMalaysia To Expand Recognition Of JAKIM’s Halal Certification Through Halal Diplomacy – Ahmad ZahidEIG’s MidOcean Raises Stake In Peru LNG To 35 PctTaiwan’s Non-life Insurance Segment Outlook Revised To Stable – AM BestGlove Counters Jump In Early Session On Higher Us Tariffs On Chinese ImportsMalaysia’s ASEAN Chairmanship To Enhance Trade With ASEAN Plus : MATRADEJingxi City Enhances Processing Industry To Spur Local Economic GrowthSaviynt To Address Local Identity Challenges At Singapore EventNIQ Unlocks Groundbreaking AI Tools For CPG BrandsPolice: No Ban On ‘We Are RXZ’ ProgramKing’s China Trip A New Chapter In Bilateral TiesHusband And Wife Drive 331km To Be Part Of Malaysia Day CelebrationsAlliance Bank Chairman, Tan Sri Ahmad Mohd Don Passes AwayFormer BNM Governor Tan Sri Ahmad Mohd Don Dies At 77Man Injured When Fallen Tree Hit HouseGamuda May Replace Genting Malaysia In List Of FBM KLCI Constituent Stocks — MIDF AmanahRinggit Appreciates 7.86 Pct Year-to-date Against US DollarRejection Of MOU Proves PN Still Sticks To Old, Non-Progressive Political Approach – PKR MPOnly Slander, Hatred, Wishful Thinking Served At PAS Muktamar – Saifuddin NasutionTze Yong Returns To Training – RexyWushu, Karate Confirmed For 2025 Thailand SEA GamesMr Malaysia Contestant Confirmed Positive For Doping – ADAMASFAP Chief Wants FAM To Discuss Idea of Privatising Harimau Malaya With AffiliatesMohamad Aniq Shatters Own National Record En Route To Winning Gold Medal In FijiPH Navy: WPS patrols, surveillance flights continueChina’s 75th National Day marked in HCM City34 People Hurt After Tour Bus Crashes On Highway Near IpohPM chairs meeting on sustainable development of marine economyThose Who Continue To Manipulate Religious Issues Are Irresponsible – Mohd Na’imThe 8th international sugar conference 2024 opened in Quy NhonNAFAS Introduces Urban Farming Kit, Encourages Home Vegetable GrowingAbout $118.3 million needed to repair national highways damaged by typhoonUphold Unity To Unlock Country’s Full Potential – AnwarTop leader hands over appointment decision to Deputy Prosecutor General296 Illegal Immigrants Arrested From January To Aug 31 – GOFMekong Delta region enjoys growing crop productionKing, Queen Extend Malaysia Day GreetingsHeavy Rain Causes Water Level Of Three Rivers In Kedah To Exceed Danger Level TonightOver 280 Left Homeless As Fire Destroys 44 Houses In TongodBank Rakyat Assures Its System Remains Secure After Attempted Data InfringementMalaysia Wins Bronze And Four ‘Medallion For Excellence’ Awards At Worldskills CompetitionUplifting Rural, Impoverished Urban Areas A Key Federal Priority, Says PM AnwarKing, Queen Grace Maulidur Rasul CelebrationSabah Will Continue To Defend Sovereignty Of The State Within Malaysia – HajijiCordillera Region under red alert due to TD GenerFerry Trapped In Sandbank Earlier Continues Journey To Langkawi TonightBaguio tourism group preps for 16K servings of fried riceTun Juhar Attends Malaysia Day 2024 CelebrationCDO animal bite cases hit 17K in Q2Ferry To Langkawi Runs Aground, Three Others Turn Back Due To StormPBBM: We must do more to protect childrenRetired Banker Loses Rm1.44 Mln To Phone ScamPangasinan gears up for Tropical Depression GenerSteven Sim Rescue’s Young Girl’s Dream Of Becoming Software EngineerLocal bourse up as investors anticipate Fed rate cut, peso strongCM Urges Penangites To Strengthen Unity, Elevate State To New HeightsCSC awards rites for outstanding gov’t workers set Sept 18Mahkota By-election: Syed Hussien Capable Of Taking Youth Agenda To Higher Level – Onn HafizBatac City main road closes for bomb explosion drillUpholding Sanctity Of Islam A Collective Responsibility – Sultan Of PahangOne-week police crackdown nets 142 suspects in LagunaCabinet Need To Discuss Proposal To Revamp National Education Policy That Abolished Form 3, Year 6 Exams – FadhlinaAntique records 3OK affected families, 1 death due to ‘Bebinca’Four Passengers Seriously Injured As Double-decker Bus Loses Control, Hits Road DividerSolar panel gives stable power supply in Romblon rural health units‘Rempeyek Wak Tunot’ From Mother’s Recipe, A Roadside Snack To Crunching Sales AbroadPSA targets entire population for nat’l ID system by 2025Three Deaths Recorded In Accidents Involving RXZ Members 6.0 ParticipantsTagbanuas now living in peace, prosperity in their ancestral domain
Wed. Sep 18th, 2024
Trending News: PBBM OKs P7.9-B for immunization drive; Bakuna Eskuwela set Oct. 7Perak Aims To Become Major Global Halal Gelatine Industry Player4.3K people evacuated as ‘Gener’ causes floods in BicolCPO Futures End Lower For Third Consecutive Trading DayAustralian scientist develops new cancer screening testOver 55 Israeli evacuation orders cover more than 85% of Gaza: UNDeath toll in Sudan cholera outbreak reaches 315China Open 2024: Three Malaysian Men’s Doubles Pairs Advance To Second Round‘Gener’ to exit PAR within 24 hoursMITRA To Open Applications For PPSMI 2025 Grants On Oct 151st in 50 years: Endangered one-horned rhino born in JapanSaviynt’s Converge Global Tour 2024 Comes to SingaporeNA’s Party Delegation, Gov’t Party Civil Affairs Committee prepare for legislature’s 8th sessionPresident presents first-class Labour Order to Ho Chi Minh National Academy of PoliticsPM urges speeding up construction of key transport projectsVietnamese in Germany donate to support typhoon victimsPower restored to nearly 99% of typhoon-affected clientsTVET Players Urged To Support Halal Industry Ecosystem, TalentsPBBM endorses Garafil as MECO board chairLabuan’s ‘Program Residensi Rakyat’ Batu Arang To Welcome 500 Occupants Next MonthTop leader receives new Chinese AmbassadorAI-Media Partners Speechmatics To Evolve Captioning, Language Services TechnologiesMalaysia-Brazil To Collaborate, Tap US$3 Trillion Global Halal Market – Deputy MinisterSCF Acquires Newpark Resources’ Fluids Systems BusinessNational Single Window Initiative Will Boost Malaysia-China Trade — MITIMIHAS To Make Dubai Global Debut In November, Targets Rm1 Bln Sales – Tengku Zafrul11x Secures US$24 Mln To Advance AI-Powered Digital Workers, Expand Global FootprintForeign Investors Netted RM217.6 Mln In Equities Last Week – MIDFMalaysia’s Economic Growth Sparks Review Of 2030 SDG Progress – Hanifah HajarHeitech Padu Soars 10 Pct On RM133.7 Mln RTD ContractHalal Industry More Comprehensive, Can Complement Islamic Economy — PM AnwarAkur8 Raises US$120 Mln To Boost Next Generation Actuarial Platform GrowthMalaysia To Expand Recognition Of JAKIM’s Halal Certification Through Halal Diplomacy – Ahmad ZahidEIG’s MidOcean Raises Stake In Peru LNG To 35 PctTaiwan’s Non-life Insurance Segment Outlook Revised To Stable – AM BestGlove Counters Jump In Early Session On Higher Us Tariffs On Chinese ImportsMalaysia’s ASEAN Chairmanship To Enhance Trade With ASEAN Plus : MATRADEJingxi City Enhances Processing Industry To Spur Local Economic GrowthSaviynt To Address Local Identity Challenges At Singapore EventNIQ Unlocks Groundbreaking AI Tools For CPG BrandsPolice: No Ban On ‘We Are RXZ’ ProgramKing’s China Trip A New Chapter In Bilateral TiesHusband And Wife Drive 331km To Be Part Of Malaysia Day CelebrationsAlliance Bank Chairman, Tan Sri Ahmad Mohd Don Passes AwayFormer BNM Governor Tan Sri Ahmad Mohd Don Dies At 77Man Injured When Fallen Tree Hit HouseGamuda May Replace Genting Malaysia In List Of FBM KLCI Constituent Stocks — MIDF AmanahRinggit Appreciates 7.86 Pct Year-to-date Against US DollarRejection Of MOU Proves PN Still Sticks To Old, Non-Progressive Political Approach – PKR MPOnly Slander, Hatred, Wishful Thinking Served At PAS Muktamar – Saifuddin NasutionTze Yong Returns To Training – RexyWushu, Karate Confirmed For 2025 Thailand SEA GamesMr Malaysia Contestant Confirmed Positive For Doping – ADAMASFAP Chief Wants FAM To Discuss Idea of Privatising Harimau Malaya With AffiliatesMohamad Aniq Shatters Own National Record En Route To Winning Gold Medal In FijiPH Navy: WPS patrols, surveillance flights continueChina’s 75th National Day marked in HCM City34 People Hurt After Tour Bus Crashes On Highway Near IpohPM chairs meeting on sustainable development of marine economyThose Who Continue To Manipulate Religious Issues Are Irresponsible – Mohd Na’imThe 8th international sugar conference 2024 opened in Quy NhonNAFAS Introduces Urban Farming Kit, Encourages Home Vegetable GrowingAbout $118.3 million needed to repair national highways damaged by typhoonUphold Unity To Unlock Country’s Full Potential – AnwarTop leader hands over appointment decision to Deputy Prosecutor General296 Illegal Immigrants Arrested From January To Aug 31 – GOFMekong Delta region enjoys growing crop productionKing, Queen Extend Malaysia Day GreetingsHeavy Rain Causes Water Level Of Three Rivers In Kedah To Exceed Danger Level TonightOver 280 Left Homeless As Fire Destroys 44 Houses In TongodBank Rakyat Assures Its System Remains Secure After Attempted Data InfringementMalaysia Wins Bronze And Four ‘Medallion For Excellence’ Awards At Worldskills CompetitionUplifting Rural, Impoverished Urban Areas A Key Federal Priority, Says PM AnwarKing, Queen Grace Maulidur Rasul CelebrationSabah Will Continue To Defend Sovereignty Of The State Within Malaysia – HajijiCordillera Region under red alert due to TD GenerFerry Trapped In Sandbank Earlier Continues Journey To Langkawi TonightBaguio tourism group preps for 16K servings of fried riceTun Juhar Attends Malaysia Day 2024 CelebrationCDO animal bite cases hit 17K in Q2Ferry To Langkawi Runs Aground, Three Others Turn Back Due To StormPBBM: We must do more to protect childrenRetired Banker Loses Rm1.44 Mln To Phone ScamPangasinan gears up for Tropical Depression GenerSteven Sim Rescue’s Young Girl’s Dream Of Becoming Software EngineerLocal bourse up as investors anticipate Fed rate cut, peso strongCM Urges Penangites To Strengthen Unity, Elevate State To New HeightsCSC awards rites for outstanding gov’t workers set Sept 18Mahkota By-election: Syed Hussien Capable Of Taking Youth Agenda To Higher Level – Onn HafizBatac City main road closes for bomb explosion drillUpholding Sanctity Of Islam A Collective Responsibility – Sultan Of PahangOne-week police crackdown nets 142 suspects in LagunaCabinet Need To Discuss Proposal To Revamp National Education Policy That Abolished Form 3, Year 6 Exams – FadhlinaAntique records 3OK affected families, 1 death due to ‘Bebinca’Four Passengers Seriously Injured As Double-decker Bus Loses Control, Hits Road DividerSolar panel gives stable power supply in Romblon rural health units‘Rempeyek Wak Tunot’ From Mother’s Recipe, A Roadside Snack To Crunching Sales AbroadPSA targets entire population for nat’l ID system by 2025Three Deaths Recorded In Accidents Involving RXZ Members 6.0 ParticipantsTagbanuas now living in peace, prosperity in their ancestral domain
Wed. Sep 18th, 2024

CPO Futures End Lower For Third Consecutive Trading Day

KUALA LUMPUR, Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower for the third consecutive trading day, mainly driven by India imposing higher import tax on edible oils, according to a trader.

Palm oil trader David Ng said market sentiment was also influenced by the stronger ringgit against the US dollar.

‘We see support at RM3,700 and resistance at RM3,820,’ he told Bernama.

Mumbai-based Sunvin Group commodity research head Anilkumar Bagani said CPO futures saw a slight decline following a steady South American soybean oil free-on-board markets and a recovery in Black Sea sunflower oil prices.

He noted that Intertek Testing Services’ estimation for Malaysian palm oil export rose 9.1 per cent for Sept 1-15, while AmSpec Agri Malaysia’s estimation was also up by 10.2 per cent for the same period.

At the close, the spot month October 2024 was RM62 lower to RM3,847, and November 2024 dropped by RM48 to RM3,766 and benchmark December 2024 declined RM39 to RM3,736 per tonne.

January 2025
slid by RM39 to RM3,715, February 2025 lost RM41 to RM3,702 and March 2025 reduced by RM36 to RM3,698.

Volume declined to 77,497 lots from 121,661 lots on Friday, while open interest fell to 255,163 contracts from 259,519 previously.

The physical CPO price for October South dropped by RM60 to RM3,950 per tonne.

    • malaysiang

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