by AgriNexus | Apr 9, 2020 | Blog, News
The COVID-19 pandemic affects all Industries – We have prepared a Health & Safety strategy for the Plantation Industry, taking into consideration the vulnerability of the Workers and Staff daily earnings, where in most of the cases, expensed-out on a daily basis....
by AgriNexus | Jan 13, 2020 | Blog
Late Friday, Crude Palm Oil prices were attempting to break resistance at MYR3,128 – MYR3,130, having reversed the recent pull-back on mild profit-taking. The charts do not portend a reversal in the upward trajectory which dates back to mid-2019 but instead suggest...
by AgriNexus | Dec 14, 2019 | Blog
Up 0.6% at MYR2,908/tonne on 13/12/19, the price of Crude Palm Oil is extending its bullish run and may offer more upside in coming months on the back of a tight supply situation and sustained strong demand from importing countries like China. Malaysia’s official data...
by AgriNexus | Oct 16, 2019 | Blog
Down 0.6% at MYR2,143/tonne on 15/10/19, Palm Oil prices retreated off their August high of MYR2,262/tonne on mild profit-taking after the recent run-up from a low of MYR1,944/tonne. The price pullback is also in response to news that the Indian Government is...
by AgriNexus | Sep 21, 2019 | Blog
Up 0.7% at MYR2,250/tonne on 19/09/19, Palm Oil prices have been lifted by a weakening Ringgit and firmer Soy Oil prices. Indications are that further gains may be in store. Off from the July 10 low of MYR1,916/tonne, traders may continue to take long positions...
by AgriNexus | Sep 18, 2019 | Blog
Down 0.5% at MYR2,090/tonne on 6/09/19, Palm Oil prices have been dragged off their recent high of MYR2,210 in August 2019 on profit-taking and India’s move to raise import tax on Malaysian refined Palm Oil to 50% from 45% until March 2020. Rising shipments of refined...
