• Commodities  |  MAY 23, 2015 6:20 PM

    Sarawak needs 6 palm mall mills

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    The Plantation Industries and Commodities Ministry will propose to the Sarawak government to allow at least six palm oil mills to be built to cater to the needs of the industry in the state. Its minister, Douglas Uggah Embas said the matter would …

  • Commodities  |  MAY 23, 2015 1:35 PM

    Rubber to extend gains; increase demand for tyres

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    The Malaysian rubber market is expected to extend its gains next week in line with demand increase for rubber tyres that would compensate slow economic growth in China. “In addition, top rubber producers’ efforts to boost prices will also give a positive sentiment …

  • Commodities  |  MAY 23, 2015 1:29 PM

    Tin price to trade around US$15,800 a tonne

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    The tin price on the Kuala Lumpur Tin Market (KLTM) is expected to trade around US$15,800 a tonne level next week, supported by demand from European and Japanese traders. A trader said the performance of the market trendsetter, the London Metal Exchange (LME), …

  • Commodities  |  MAY 23, 2015 1:23 PM

    Gold on Bursa to trade higher

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    Gold futures contract on Bursa Malaysia Derivatives is likely to be on an uptrend next week, supported by continued buying momentum, a dealer said. Phillip Futures Sdn Bhd dealer Azim Faris Ab Rahim said gold prices were expected to see an upward movement …

  • Commodities  |  MAY 22, 2015 5:33 PM

    Rubber market closes higher

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    The Malaysian rubber market closed higher today, supported by the crude oil price increase and positive sentiment from the Tokyo Commodity Exchange futures market. “Oil prices jumped more than 2% on Thursday and boosted optimism that a supply glut was easing,” the dealer …