Latest news with #827
Barnama
26-05-2025
- Business
- Barnama
CPO Futures End Higher On Stronger Soybean Oil Prices
By Nur Athirah Mohd Shaharuddin KUALA LUMPUR, May 23 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Friday, supported by stronger soybean oil prices, said palm oil trader David Ng. However, he noted that gains were limited by concerns over rising production in the coming weeks, which could increase the country's overall stock level. 'We see support at RM3,750 per tonne and resistance at RM3,900 per tonne,' he told Bernama. At the close, the new spot month June 2025 contract rose RM2 to RM3,824 per tonne, July 2025 increased RM3 to RM3,836 per tonne, and August 2025 went up RM7 to RM3,827 per tonne. September 2025 advanced RM12 to RM3,821 per tonne, October 2025 gained RM21 to RM3,824 per tonne, and November 2025 rose RM22 to RM3,831 per tonne. Trading volume declined to 54,070 lots from 66,842 previously, while open interest fell to 244,075 contracts from 247,462 contracts. The physical CPO price for June South slipped by RM10 to RM3,880 per tonne. -- BERNAMA
Express Tribune
24-02-2025
- Automotive
- Express Tribune
Pak Suzuki announces price hike for Alto variants
Listen to article Pak Suzuki Motor Company has announced a price hike for its car models, with increases reaching as high as Rs120,000, effective from February 25, 2025. The automaker cited upgrades to its Suzuki Alto variants as the reason for the price revision. The Suzuki Alto VXR MT now costs Rs2,827,000, reflecting a rise of Rs120,000. Meanwhile, the Alto VXR AGS and Alto VXL AGS see an increase of Rs95,000, bringing their new prices to Rs2,989,000 and Rs3,140,000, respectively. The price of the Suzuki RAVI pickup has also risen by Rs100,000, now priced at Rs1,956,000. In a statement, the company emphasized its commitment to providing high-quality products, with the upgrades aimed at improving safety and comfort to meet customer expectations. Alongside the price hikes, the Pakistan Automotive Manufacturers Association (PAMA) reported a notable surge in car sales in January 2025, with sales up by 73% month-on-month to 17,010 units. Year-on-year, car sales have increased by 61%, signalling a robust recovery in the country's automotive market.
