AIRLINK 158.99 Increased By ▲ 4.03 (2.6%)
BOP 10.02 Increased By ▲ 0.11 (1.11%)
CNERGY 7.68 Increased By ▲ 0.31 (4.21%)
CPHL 82.90 Decreased By ▼ -0.01 (-0.01%)
FCCL 48.18 Increased By ▲ 0.32 (0.67%)
FFL 14.75 Increased By ▲ 0.07 (0.48%)
FLYNG 49.46 Increased By ▲ 4.50 (10.01%)
HUBC 139.63 Increased By ▲ 1.66 (1.2%)
HUMNL 12.65 Decreased By ▼ -0.22 (-1.71%)
KEL 4.42 Increased By ▲ 0.13 (3.03%)
KOSM 5.32 Increased By ▲ 0.16 (3.1%)
MLCF 76.20 Increased By ▲ 0.89 (1.18%)
OGDC 212.00 Decreased By ▼ -0.67 (-0.32%)
PACE 5.34 Increased By ▲ 0.19 (3.69%)
PAEL 46.20 Increased By ▲ 0.07 (0.15%)
PIAHCLA 16.80 Increased By ▲ 0.52 (3.19%)
PIBTL 8.67 Increased By ▲ 0.10 (1.17%)
POWER 15.05 Decreased By ▼ -0.13 (-0.86%)
PPL 171.45 Increased By ▲ 1.54 (0.91%)
PRL 32.90 Increased By ▲ 1.76 (5.65%)
PTC 22.06 Increased By ▲ 2.01 (10.02%)
SEARL 83.70 Decreased By ▼ -0.07 (-0.08%)
SSGC 36.80 Increased By ▲ 0.73 (2.02%)
SYM 15.50 Increased By ▲ 0.60 (4.03%)
TELE 7.48 Increased By ▲ 0.27 (3.74%)
TPLP 8.51 Increased By ▲ 0.09 (1.07%)
TRG 65.30 Decreased By ▼ -0.90 (-1.36%)
WAVESAPP 9.12 Increased By ▲ 0.17 (1.9%)
WTL 1.27 Increased By ▲ 0.02 (1.6%)
YOUW 3.70 Increased By ▲ 0.10 (2.78%)
AIRLINK 158.99 Increased By ▲ 4.03 (2.6%)
BOP 10.02 Increased By ▲ 0.11 (1.11%)
CNERGY 7.68 Increased By ▲ 0.31 (4.21%)
CPHL 82.90 Decreased By ▼ -0.01 (-0.01%)
FCCL 48.18 Increased By ▲ 0.32 (0.67%)
FFL 14.75 Increased By ▲ 0.07 (0.48%)
FLYNG 49.46 Increased By ▲ 4.50 (10.01%)
HUBC 139.63 Increased By ▲ 1.66 (1.2%)
HUMNL 12.65 Decreased By ▼ -0.22 (-1.71%)
KEL 4.42 Increased By ▲ 0.13 (3.03%)
KOSM 5.32 Increased By ▲ 0.16 (3.1%)
MLCF 76.20 Increased By ▲ 0.89 (1.18%)
OGDC 212.00 Decreased By ▼ -0.67 (-0.32%)
PACE 5.34 Increased By ▲ 0.19 (3.69%)
PAEL 46.20 Increased By ▲ 0.07 (0.15%)
PIAHCLA 16.80 Increased By ▲ 0.52 (3.19%)
PIBTL 8.67 Increased By ▲ 0.10 (1.17%)
POWER 15.05 Decreased By ▼ -0.13 (-0.86%)
PPL 171.45 Increased By ▲ 1.54 (0.91%)
PRL 32.90 Increased By ▲ 1.76 (5.65%)
PTC 22.06 Increased By ▲ 2.01 (10.02%)
SEARL 83.70 Decreased By ▼ -0.07 (-0.08%)
SSGC 36.80 Increased By ▲ 0.73 (2.02%)
SYM 15.50 Increased By ▲ 0.60 (4.03%)
TELE 7.48 Increased By ▲ 0.27 (3.74%)
TPLP 8.51 Increased By ▲ 0.09 (1.07%)
TRG 65.30 Decreased By ▼ -0.90 (-1.36%)
WAVESAPP 9.12 Increased By ▲ 0.17 (1.9%)
WTL 1.27 Increased By ▲ 0.02 (1.6%)
YOUW 3.70 Increased By ▲ 0.10 (2.78%)
BR100 12,779 Increased By 108.6 (0.86%)
BR30 37,783 Increased By 415.2 (1.11%)
KSE100 119,109 Increased By 572.6 (0.48%)
KSE30 36,473 Increased By 179.3 (0.49%)

Palm oil on the European vegetable oils market eased late on Tuesday on the back of a strong dollar after opening firmer on trade talk of a sharp fall in December Malaysian palm oil output. "After palm oil moved up with optimism in Malaysian palm oil futures it eased off the day's highs because of a stronger dollar and bearish sentiment around the Chinese economy," one broker said.
Palm oil was mostly offered between $5 a tonne down and $5 up from Monday after Malaysian palm oil futures closed between 15 ringgit a tonne down and 21 ringgit higher after traders forecast sharp falls in December output. At 1730 GMT CBOT soyoil futures were between 0.36 and 0.46 cents per lb down lower on technical selling and because of weaker energy prices with Brent dropping under $37 a barrel.
Liquid oils - rapeoil, soyoil and sunoil - were mostly offered between two and eight euros per tonne higher, supported by a technical recovery in rapeseed futures and because of a stronger dollar, which underpins products quoted in euros. Coconut oil was offered around $10 a tonne down from Monday as sellers were willing to accept lower bids, while palmkernel oil was quoted flat to $5 a tonne up in line with gains in palm oil futures.

Copyright Reuters, 2016

Comments

Comments are closed.