CPO Futures Close Higher, Tracking Gains In Crude Oil And Soybean Oil Prices KUALA LUMPUR, March 31 (Bernama) — Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher, reversing earlier losses amid stronger crude oil and soybean oil prices, a trader said. Iceberg X Sdn Bhd proprietary trader David Ng said that recent strong export performance also lifted market sentiment today. “We see prices supported above …

CPO Futures Close Higher, Tracking Gains In Crude Oil And Soybean Oil Prices #CPOFutures #CrudeOil #SoybeanOil #BursaMalaysia #MarketSentiment

CPO Futures Seen Trading Higher Next Week On Stronger Demand Outlook KUALA LUMPUR, March 28 (Bernama) — Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expcted to trade higher next week, supported by stronger demand expectations, a trader said. Iceberg X Sdn Bhd proprietary trader David Ng said the United States (US)-Iran conflict has raised expectations of stronger palm oil demand. “Next week, we expect prices to range between RM4,500 and RM4,680 per tonne,” he told Bernama. On a weekly basis, the April 2026 contract fell RM40 to RM4,540 per tonne, May 2026 slipped RM8 to RM4,611 per tonne, while June 2026 edged up RM20 to RM4,631 per tonne. […]

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CPO Futures Seen Trading Higher Next Week Amid Rising Energy Prices KUALA LUMPUR, March 21 (Bernama) — Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade with an upward bias next week amid the conflict in West Asia. Iceberg X Sdn Bhd proprietary trader David Ng said the conflict has pushed energy prices higher, lending support to sentiment on palm oil. “The ongoing war involving Iran, the United States and Israel is driving oil prices higher, which is supporting palm oil sentiment in the market. “We see prices ranging between RM4,450 and RM4,680 (per tonne) next week,” he told Bernama. In contrast, Interband Group of Companies senior […]

CPO Futures Seen Trading Higher Next Week Amid Rising Energy Prices #CPOFutures #PalmOil #EnergyPrices #BursaMalaysia #OilMarket

CPO Futures’ Bullish Trend Expected To Continue Next Week Amid West Asia War KUALA LUMPUR, March 14 (Bernama) — Crude palm oil (CPO) futures trading on Bursa Malaysia Derivatives is expected to remain bullish next week in line with firmer crude oil prices driven by uncertainty created by the ongoing West Asia conflict. Iceberg X Sdn Bhd proprietary trader David Ng said the conflict has been affecting the crude oil market, which in turn boosted the vegetable oil markets, especially palm oil, in terms of biodiesel production. “Hence we anticipate prices to range between RM4,450 and RM4,680 per tonne next week,” he told Bernama. Meanwhile, Interband Group of Companies senior palm oil trader […]

CPO Futures’ Bullish Trend Expected To Continue Next Week Amid West Asia War #CPOFutures #PalmOil #CrudeOil #BursaMalaysia #VegetableOil

CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict KUALA LUMPUR, March 2 (Bernama) — Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, supported by a rally in crude oil prices amid the ongoing US-Iran conflict. Iceberg X Sdn Bhd proprietary trader David Ng said CPO surged above RM4,100 per tonne as escalating tensions in the Middle East drove crude oil prices higher, which in turn lent support to palm oil prices. “We see CPO prices supported above RM4,050 with resistance at RM4,250 per tonne,” he told Bernama. At the time of writing, Brent crude oil price rose 7.22 per cent to US$78.13 per barrel. […]

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CPO Futures Expected To Trade Higher Next Week Amid Weak Production KUALA LUMPUR, Feb 28 (Bernama) — Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade higher next week due to expected weak production. Iceberg X Sdn Bhd proprietary trader David Ng said CPO typically registers weaker production in February due to festivities like the Lunar New Year and a shorter working month, with lower harvesting and transportation activities. “We expect prices to trade between RM4,000 and RM4,130 per tonne next week,” he told Bernama. Malaysia’s palm oil production for the Feb 1-20 period is expected to decline by 12.29 per cent by the Malaysian Palm Oil […]

CPO Futures Expected To Trade Higher Next Week Amid Weak Production #CrudePalmOil #CPOFutures #PalmOilMarket #BursaMalaysia #CommodityTrading

CPO Futures Expected To Trade Sideways Next Week Amid Chinese New Year Holidays KUALA LUMPUR, Feb 14 (Bernama) — Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade sideways with bearish bias next week in view of the Chinese New Year holidays, with both China and Malaysia markets closed for the celebration. Proprietary trader David Ng of Iceberg X Sdn Bhd said the market is likely to be in a bearish bias amid persistently high stock levels and weak demand in recent weeks. He said the subdued buying interest from key importing countries, coupled with ample inventories, would continue to cap upside momentum despite supportive cues from rival edible […]

CPO Futures Expected To Trade Sideways Next Week Amid Chinese New Year Holidays #CPOFutures #CrudePalmOil #BursaMalaysia #MarketTrends #ChineseNewYear