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Quarterly Operational Update; Increased Production From Beatons Creek

Quarterly Operational Update; Increased Production From Beatons Creek
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CPO futures to see volatile trading next week

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives may see volatile trading with a downside bias next week, ahead of the release of production, stocks and exports data. ....

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Seven more Nokia phone variants emerge in two new certifications

Three new certifications revealed a total of seven unseen model numbers of the upcoming Nokia phones, including Nokia C01 Plus, Nokia 110 4G, and Nokia 105 4G. ....

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CPO to trade lower next week amid slowdown in demand post-festive season

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade lower next week amid a slowdown in demand post-Eid al-Fitr festive season with price hovering between RM3,800 and RM3,900 per tonne. ....

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Palm oil jumps to close near record high on soybean oil rally

JAKARTA (May 18): Palm oil surged about 5% to end near a record high as soybean oil powered to its highest level since 2008 and industry participants anticipated a drop in production in second-biggest grower Malaysia.
Better export data for the first half of May, a rebound in the Dalian market and some bargain buying are supporting palm oil prices, according to Sathia Varqa, owner of Palm Oil Analytics in Singapore.
Cargo surveyor data from Intertek Testing Services and AmSpec Agri showed Malaysian shipments rose between 17% and 19% during May 1-15 from a month earlier.
Futures for August delivery rose 5.1% to close at RM4,457 a ton, the highest since the contract started trading in August 2020. Soybean oil, palm s closest food and fuel substitute, rallied a third day in Chicago and is inching closer to a record high. Benchmark palm oil futures climbed to a record high last week. ....

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