AIRLINK 159.70 Increased By ▲ 4.74 (3.06%)
BOP 10.04 Increased By ▲ 0.13 (1.31%)
CNERGY 7.80 Increased By ▲ 0.43 (5.83%)
CPHL 83.41 Increased By ▲ 0.50 (0.6%)
FCCL 48.50 Increased By ▲ 0.64 (1.34%)
FFL 15.08 Increased By ▲ 0.40 (2.72%)
FLYNG 49.46 Increased By ▲ 4.50 (10.01%)
HUBC 141.80 Increased By ▲ 3.83 (2.78%)
HUMNL 12.75 Decreased By ▼ -0.12 (-0.93%)
KEL 4.47 Increased By ▲ 0.18 (4.2%)
KOSM 5.33 Increased By ▲ 0.17 (3.29%)
MLCF 76.00 Increased By ▲ 0.69 (0.92%)
OGDC 213.65 Increased By ▲ 0.98 (0.46%)
PACE 5.33 Increased By ▲ 0.18 (3.5%)
PAEL 47.04 Increased By ▲ 0.91 (1.97%)
PIAHCLA 17.13 Increased By ▲ 0.85 (5.22%)
PIBTL 8.86 Increased By ▲ 0.29 (3.38%)
POWER 15.10 Decreased By ▼ -0.08 (-0.53%)
PPL 173.75 Increased By ▲ 3.84 (2.26%)
PRL 33.69 Increased By ▲ 2.55 (8.19%)
PTC 22.06 Increased By ▲ 2.01 (10.02%)
SEARL 83.95 Increased By ▲ 0.18 (0.21%)
SSGC 37.14 Increased By ▲ 1.07 (2.97%)
SYM 15.48 Increased By ▲ 0.58 (3.89%)
TELE 7.55 Increased By ▲ 0.34 (4.72%)
TPLP 8.59 Increased By ▲ 0.17 (2.02%)
TRG 65.00 Decreased By ▼ -1.20 (-1.81%)
WAVESAPP 9.29 Increased By ▲ 0.34 (3.8%)
WTL 1.28 Increased By ▲ 0.03 (2.4%)
YOUW 3.74 Increased By ▲ 0.14 (3.89%)
AIRLINK 159.70 Increased By ▲ 4.74 (3.06%)
BOP 10.04 Increased By ▲ 0.13 (1.31%)
CNERGY 7.80 Increased By ▲ 0.43 (5.83%)
CPHL 83.41 Increased By ▲ 0.50 (0.6%)
FCCL 48.50 Increased By ▲ 0.64 (1.34%)
FFL 15.08 Increased By ▲ 0.40 (2.72%)
FLYNG 49.46 Increased By ▲ 4.50 (10.01%)
HUBC 141.80 Increased By ▲ 3.83 (2.78%)
HUMNL 12.75 Decreased By ▼ -0.12 (-0.93%)
KEL 4.47 Increased By ▲ 0.18 (4.2%)
KOSM 5.33 Increased By ▲ 0.17 (3.29%)
MLCF 76.00 Increased By ▲ 0.69 (0.92%)
OGDC 213.65 Increased By ▲ 0.98 (0.46%)
PACE 5.33 Increased By ▲ 0.18 (3.5%)
PAEL 47.04 Increased By ▲ 0.91 (1.97%)
PIAHCLA 17.13 Increased By ▲ 0.85 (5.22%)
PIBTL 8.86 Increased By ▲ 0.29 (3.38%)
POWER 15.10 Decreased By ▼ -0.08 (-0.53%)
PPL 173.75 Increased By ▲ 3.84 (2.26%)
PRL 33.69 Increased By ▲ 2.55 (8.19%)
PTC 22.06 Increased By ▲ 2.01 (10.02%)
SEARL 83.95 Increased By ▲ 0.18 (0.21%)
SSGC 37.14 Increased By ▲ 1.07 (2.97%)
SYM 15.48 Increased By ▲ 0.58 (3.89%)
TELE 7.55 Increased By ▲ 0.34 (4.72%)
TPLP 8.59 Increased By ▲ 0.17 (2.02%)
TRG 65.00 Decreased By ▼ -1.20 (-1.81%)
WAVESAPP 9.29 Increased By ▲ 0.34 (3.8%)
WTL 1.28 Increased By ▲ 0.03 (2.4%)
YOUW 3.74 Increased By ▲ 0.14 (3.89%)
BR100 12,894 Increased By 223.7 (1.77%)
BR30 38,175 Increased By 807.9 (2.16%)
KSE100 119,962 Increased By 1425.4 (1.2%)
KSE30 36,773 Increased By 479.3 (1.32%)

Palm oil on the European vegetable oils market eased on Tuesday, tracking easier Malaysian palm oil futures, which edged lower because of weakness in global financial markets. Asking prices for palm oil were between unchanged and $7.50 a tonne lower, also in response to a weaker ringgit. Malaysian palm oil futures closed between six and 19 ringgit per tonne down.
"Many had expected palm oil futures to rise as often when speculators step out of equities they put money in commodities," one broker said. At 1730 GMT, CBOT soyaoil futures were between 0.37 and 0.78 cents per lb higher, tracking technical buying in Chicago soyabean futures and because of concerns that rains forecast for the Argentine soyabean belt will not be sufficient to beef up yields. EU rapeoil was quoted five euros per tonne higher, following the stronger trend in gains in CBOT soyaoil futures and supported by strength in rapeseed futures, which tracked gains Chicago soyabeans.
Lauric oils were mostly offered between $15 and $35 a tonne lower, following easier palm oil and pressured by a weaker ringgit. In coconut oil, sellers for nearby material withdrew after April/May shipment traded at $1,230 a tonne, well under initial asking prices.

Copyright Reuters, 2018

Comments

Comments are closed.