The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) closed higher on Wednesday, tracking the stronger soybean oil and crude oil prices, said palm oil trader David Ng. “The CPO prices are supported at RM3,890 a tonne and resistance is at RM4,050 a tonne,” he told Bernama. Meanwhile, Mumbai-based Sunvin Group commodity…
On a breezy but bright afternoon, there was a long queue of trucks in front of a new-looking building called Anjungan. A few partitions separated some rooms, including a waiting room complete with coffee, tea, snacks and even wifi, like waiting room facilities in general. Partnerships between companies and all stakeholders are crucial in management…
The plantation sector will likely see the impact of the hot and dry weather spell more towards the later part of 2024, but total production of the year will likely be higher year-on-year (y-o-y), helped greatly by the availability of adequate supply of labour to the sector. Datuk Dr Ahmad Parveez Ghulam Kadir, director-general of…
