09.02.2012 21:38
Palm market news
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Palm oil surges on demand hopes
(08 Sep, 2010)
MALAYSIAN crude palm oil futures hit fresh three-week highs yesterday as traders bet on a recovery in exports this month even as news of China buying rival soyaoil prompted some pullback.
CPO futures hit fresh 3-weeks rally
(08 Sep, 2010)
CRUDE palm oil futures prices on Bursa Malaysia Derivatives hit fresh three-week highs yesterday as trade gained on expectations of a rebound in exports.
Malaysian Cash Market Prices For Palm Oil - Sept 8 at 1000 GMT Wednesday
(08 Sep, 2010)
The following are prices for Malaysian palm oil in the cash market at 1000 GMT Wednesday, supplied by commodity broker Matthes & Porton Bhd.
Asian Palm Oil Ends Higher On Sustained Buying, Short Covering
(08 Sep, 2010)
Crude palm oil futures on Malaysia's derivatives exchange ended higher Wednesday due to steady buying before the long weekend, supported by CBOT overnight and position switching ahead of the Sept. 15 expiry of the spot contract, said trade participants. The benchmark November contract on the Bursa Malaysia Derivatives ended MYR46 higher at MYR2,674 a metric ton.
Indonesian Physical Palm Oil Prices Sep 8
(08 Sep, 2010)
Following are Indonesian physical palm oil prices quoted by traders in rupiah a kilogram. The olein price includes a 10% government tax.
Indonesia Astra Agro Withdraws Offer To Sell 8,500 Tons CPO
(08 Sep, 2010)
Indonesia's PT Astra Agro Lestari Wednesday withdrew an offer to sell 8,500 metric tons of crude palm oil in an auction since the bids were below the offer prices of IDR7,925-IDR8,130/kg, the company said in a statement.
MARKET TALK: BMD CPO Futures Hold On To Gains Before Holidays
(08 Sep, 2010)
BMD CPO futures maintain gains during afternoon session; overnight soyoil rally on CBOT spurred investors to cover short positions, Singapore-based trader says.
Malaysian Cash Market Prices For Palm Oil - Sept 8 at 0430 GMT Wednesday
(08 Sep, 2010)
The following are prices for Malaysian palm oil in the cash market at 0430 GMT Wednesday, supplied by commodity broker Matthes & Porton Bhd.
MARKET TALK: BMD CPO Futures Up Mid-Day; MYR2,680 Resistance
(08 Sep, 2010)
BMD CPO up midday; will sustain gains during afternoon session, with immediate resistance at MYR2,680/ton, says market participant; adds CPO may stay in MYR2,635-MYR2,660 range.
MARKET TALK: CPO Futures Up Early; Strong Buying Ahead Of Holidays
(08 Sep, 2010)
BMD CPO futures higher on sustained buying interest ahead of long weekend; soyoil's gains on CBOT supporting prices as is position switching ahead of the Sept.15 expiry of the spot contract, Singapore-based trader says.

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