CPO flirts with RM2,500 a tonne


KUALA LUMPUR: The palm oil industry is facing dual threats from its biggest buyers - India and Europe - but don't tell that to the traders chasing up prices on Bursa Derivatives Exchange.

The benchmark futures contract for crude palm oil (CPO) on the exchange is on a tear, soaring 3.87% today to close at RM2.496 a tonne.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

CPO , palm oil , futures

   

Next In Business News

RHB, CGC in LCTF portfolio guarantee deal
Market struggles to find direction
Bidding big on Malaysian art
Inflation rises slightly in October
Singapore playing roulette with casino licensing
Capitalising on future trade tariffs
Allianz quarterly top line climbs 10%
Affin Bank 3Q earnings jump 45%
Lagenda Properties' unit secures contract worth up to RM99.6mil
Icon Offshore secures four key agreements to drive portfolio growth and expansion

Others Also Read