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Malaysian Crude Palm Oil Futures


Crude palm oil (CPO) futures traded on the Malaysian derivatives exchange hit a fresh record Tuesday, extending gains from Monday, driven by strong soybean futures in the US.
At 12.30 pm, the benchmark CPO futures contract for May delivery was up 1 ringgit at an all-time high of 3,600 ringgit per metric ton. It closed at [...]

Malaysian palm oil jumps


Malaysian crude palm oil futures closed 2.5 per cent higher on Tuesday, boosted by robust demand, firm crude oil prices and heavy fund buying. Traders said last month’s strong export trend was continuing in August with good buying coming from China, Europe and Pakistan.
Crude oil is still very strong and biodiesel people are covering, said [...]