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Palm futures are flat due to rising production and a strong Ringgit, which offset the boost from rival oils
24 Apr 2025 16:47 GMT
… However, a strong Ringgit and increasing production limited … Malaysia's Derivatives exchange for July delivery fell 1 ringgit … Malaysian Ringgit, which is the currency used for trade contracts.
The ringgit … attractive to foreign currency holders.
Dalian…
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Ringgit rises across the board as US dollar wobbles on trade war woes
24 Apr 2025 11:22 GMT
… April 24 — The ringgit closed stronger against the US … Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the ringgit … the currency market,” he told Bernama.
Back home, the ringgit … Against regional currencies, the ringgit also traded higher.
It …
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Malaysia’s stock market faces bleak outlook as foreign outflows hammer sentiment
24 Apr 2025 08:07 GMT
… shaking investor confidence in Malaysia, triggering sharp equity … inflationary pressures in Malaysia, where energy costs … ringgit outlook
Weaker external demand is prompting economists to lower Malaysia …
MIDF forecasts the currency will strengthen further to …
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Palm futures steady as rising output, strong ringgit offsets boost from rival oils
24 Apr 2025 06:52 GMT
… oils, although a strong ringgit and rising production limited … the Bursa Malaysia Derivatives Exchange lost 14 ringgit, or 0 … and a stronger Malaysian ringgit, the contract currency of trade, may … less attractive for foreign currency holders.
Dalian’s most …
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Ringgit ends marginally lower against the US dollar
24 Apr 2025 01:00 GMT
KUALA LUMPUR: The ringgit ended marginally lower against the … says an economist.
Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam … .
At 6pm, the local currency eased to 4.3880… impact on trade dynamics and currency movements will depend on concrete …
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Ringgit ends marginally lower against US dollar, up against major currencies
23 Apr 2025 11:41 GMT
… LUMPUR, April 23 — The ringgit ended marginally lower against the … an economist.
Bank Muamalat Malaysia Bhd chief economist Dr Mohd … impact on trade dynamics and currency movements will depend on … said.
Back home, the ringgit traded firmer against a basket …
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Palm rises on bargain buying; stronger ringgit, economic uncertainty limit gains
23 Apr 2025 04:53 GMT
… buying, but a stronger ringgit and continued economic uncertainty … the Bursa Malaysia Derivatives Exchange added 57 ringgit, or 1 … said that a stronger ringgit and the ongoing global … biodiesel feedstock.
The ringgit USDMYR, palm’s currency of trade, …
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Ringgit opens flat as market eyes us fed leadership signals
23 Apr 2025 02:52 GMT
… Bernama pic
Kuala Lumpur: The ringgit opened almost flat against the … .
At 8 am, the local currency was marginally higher at 4 … .3835/3905.
Bank Muamalat Malaysia Bhd chief economist Dr Mohd … recession.
“On that note, the ringgit could be slightly weaker, in …
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More upside likely for the ringgit
22 Apr 2025 23:25 GMT
… in sight.
However, the currency is finally exiting the trap … short-term boost.
The ringgit could strengthen further to between … for stronger appreciation of the ringgit ahead. However, at the … (US versus Malaysia) could be positive for the ringgit,” he said …
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VEGOILS - Buy more bargains, but the ringgit is stronger; economic uncertainty limits gains
22 Apr 2025 12:43 GMT
… price of palm oil in Malaysia rose on Tuesday. This was … bargain-buying, but the stronger ringgit, as well as economic … are stronger.
The palm ringgit's trade currency, the dollar, has … it slightly cheaper for foreign currency buyers.
In March, Indonesian …