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CPO Futures Close Higher, Tracking Stronger Soybean Oil
CPO Futures Close Higher, Tracking Stronger Soybean Oil

Barnama

time22-07-2025

  • Business
  • Barnama

CPO Futures Close Higher, Tracking Stronger Soybean Oil

CPO Futures Close Higher, Tracking Stronger Soybean Oil By Engku Shariful Azni Engku Ab Latif KUALA LUMPUR, July 22 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Tuesday, tracking rising soybean oil futures on the Chicago Board of Trade (CBOT) and the crude degummed soybean oil (CDSBO) market in South America overnight. Sunvin Group head of commodity research, Anilkumar Bagani, said the rapeseed oil futures traded on the Zhengzhou Commodity Exchange (ZCE) and a stronger ringgit against the US dollar capped the gains in palm oil. 'According to The Malaysian Palm Oil Council (MPOC), palm oil prices are expected to trade between RM4,100 to RM4,300 per tonne over the next month. The projection was driven by a strong soybean oil market and festive demand from India,' he told Bernama. Palm oil trader David Ng said the commodity's prices were boosted by stronger soybean oil and Dalian palm olein prices. 'We see support at RM4,200 and resistance at RM4,400,' he added. At the close, the spot-month August contract gained RM22 to RM4,196 per tonne, the September 2025 contract added RM30 to RM4,246, and the October 2025 contract rose RM39 to RM4,264. The November 2025 contract advanced RM42 to RM4,271, December 2025 climbed RM43 to RM4,270, and January 2026 gained RM38 to RM4,262 per tonne. Trading volume eased to 75,575 lots from 75,830 on Monday, while open interest declined to 231,767 contracts from 235,195 previously. The physical CPO price for July South inched up by RM20 to RM4,220 per tonne. -- BERNAMA

Hawks and SAPS K9 Unit thwart rhino horn trafficking in Swellendam
Hawks and SAPS K9 Unit thwart rhino horn trafficking in Swellendam

IOL News

time08-07-2025

  • IOL News

Hawks and SAPS K9 Unit thwart rhino horn trafficking in Swellendam

In a significant bust against wildlife crime, the Directorate for Priority Crimes Investigations (Hawks), alongside the SAPS K9 Unit, Overberg, and Stock Theft and Endangered Species officials, executed an undercover operation on Wednesday, 2 July 2025, at Buffeljags River, located on the N2 route outside Swellendam. This operation resulted in the arrest of three suspects, who were found in possession of a substantial quantity of rhino horn, engaging in a transaction to sell the illicit product. During the operation, law enforcement recovered three rhino horns valued at R258,270, wrapping up a meticulous investigation that underscores South Africa's ongoing battle against the illicit wildlife trade. The suspects, all originating from Gqeberha in the Eastern Cape, have been charged with alleged contraventions under the Nature Conservation Ordinance 19 of 1974, specifically relating to possession and sale of wildlife products without the necessary permits. The case against the accused — Shaun Barties (41), Christopher Farret (35), and Cheslyn Whitebooi (45) — was brought before the Swellendam Magistrates Court on Friday, 4 July 2025, where it was postponed until 11 July for bail application, with all three suspects remanded into custody.

Hawks and SAPS K9 Unit thwart rhino horn trafficking in Swellendam
Hawks and SAPS K9 Unit thwart rhino horn trafficking in Swellendam

IOL News

time08-07-2025

  • IOL News

Hawks and SAPS K9 Unit thwart rhino horn trafficking in Swellendam

In a significant bust against wildlife crime, the Directorate for Priority Crimes Investigations (Hawks), alongside the SAPS K9 Unit, Overberg, and Stock Theft and Endangered Species officials, executed an undercover operation on Wednesday, 2 July 2025, at Buffeljags River, located on the N2 route outside Swellendam. This operation resulted in the arrest of three suspects, who were found in possession of a substantial quantity of rhino horn, engaging in a transaction to sell the illicit product. During the operation, law enforcement recovered three rhino horns valued at R258,270, wrapping up a meticulous investigation that underscores South Africa's ongoing battle against the illicit wildlife trade. The suspects, all originating from Gqeberha in the Eastern Cape, have been charged with alleged contraventions under the Nature Conservation Ordinance 19 of 1974, specifically relating to possession and sale of wildlife products without the necessary permits. The case against the accused — Shaun Barties (41), Christopher Farret (35), and Cheslyn Whitebooi (45) — was brought before the Swellendam Magistrates Court on Friday, 4 July 2025, where it was postponed until 11 July for bail application, with all three suspects remanded into custody.

MARKET PULSE AM JUNE 26, 2025 [WATCH]
MARKET PULSE AM JUNE 26, 2025 [WATCH]

New Straits Times

time26-06-2025

  • Business
  • New Straits Times

MARKET PULSE AM JUNE 26, 2025 [WATCH]

KUALA LUMPUR: News on the latest moves on the stock and crypto markets. Bursa Malaysia opened slightly higher today, tracking mixed cues from Wall Street's overnight performance amid a cautious market tone. Wall Street ended on a mixed note as market is trying to digest the events in the middle east and if the prevailing ceasefire between Israel and Iran will hold. On the domestic front, there has been a modest inflow of foreign funds. Nonetheless, overall market sentiment remains wary amid ongoing uncertainty in the Middle East. In the crypto market, Bitcoin rose to RM454,973. However, Ethereum fell to RM10,270, while Solana was down at RM610. That's it for Market Pulse.

No winners of major lotto draws as Ultra Lotto jackpot now P151M
No winners of major lotto draws as Ultra Lotto jackpot now P151M

GMA Network

time24-06-2025

  • General
  • GMA Network

No winners of major lotto draws as Ultra Lotto jackpot now P151M

There were no winners of the major lotto jackpot draws by the Philippine Charity Sweepstakes Office (PCSO) on Tuesday, June 24, 2025. No bettor selected the winning combination of 30-20-31-12-03-23 for the Ultra Lotto 6/58 jackpot, which has climbed to P151,270,025.60. It was the same for Superlotto 6/49 and its P91,915,425.20 is still up for grabs after the winning numbers of 40-12-36-15-08-13 were left unplayed. No one also guessed the correct numbers of 24-31-13-22-09-37 for Lotto 6/42 with its prize of P5,940,000. For more lotto results, visit here. —RF, GMA Integrated News

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