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Nov 21, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Markets » Vegetable Oil

Malaysian palm oil falls
Commodities

Malaysian palm oil falls

KUALA LUMPUR: Malaysian palm oil futures extended early losses on Thursday to close 1.4% lower on worsening November...
Published 27 Nov, 2020 03:08am
Malaysian palm oil gains
Commodities

Malaysian palm oil gains

KUALA LUMPUR: Malaysian palm oil futures ended 1% higher on Wednesday despite a slump in November exports, boosted ...
Published 26 Nov, 2020 02:54am
Palm oil ends higher
Commodities

Palm oil ends higher

KUALA LUMPUR: Malaysian palm oil futures reversed early losses to rise 1% on Monday, as concerns over declining...
Published 24 Nov, 2020 03:07am
Palm oil climbs 2pc
Commodities

Palm oil climbs 2pc

KUALA LUMPUR: Malaysian palm oil futures jumped 2% on Wednesday, ending a three-day losing streak, underpinned by...
Published 19 Nov, 2020 02:55am
Palm oil eases on profit-booking ahead of holiday
Commodities

Palm oil eases on profit-booking ahead of holiday

  • The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange closed down 14 ringgit, or 0.46%, to 3,051 ringgit ($732.88) a tonne.
  • Indonesia has set crude palm oil export tax at $3 per tonne for November.
Published 28 Oct, 2020 05:00pm
Malaysian palm oil jumps
Commodities

Malaysian palm oil jumps

SINGAPORE: Malaysian palm oil futures jumped 1.8% on Monday to one-and-a-half-week high, tracking gains in rival ...
Published 27 Oct, 2020 02:59am
Palm oil jumps over 3pc
Commodities

Palm oil jumps over 3pc

KUALA LUMPUR: Malaysian palm oil futures climbed more than 3% on Tuesday, tracking gains in rival soyaoil and ...
Published 07 Oct, 2020 02:54am
Malaysian palm oil falls
Commodities

Malaysian palm oil falls

JAKARTA: Malaysian palm oil fell on Wednesday, sliding for a second day, and was set to end September with a small...
Published 01 Oct, 2020 02:58am
Palm oil falls
Commodities

Palm oil falls

JAKARTA: Malaysian palm oil futures reversed from early gains to close lower on Tuesday as an upcoming week-long...
Published 30 Sep, 2020 02:42am
Malaysian palm oil flat
Commodities

Malaysian palm oil flat

JAKARTA: Malaysian palm oil futures ended unchanged on Monday as gains stemming from supply concerns after Malaysia...
Published 29 Sep, 2020 02:57am
Shipping Intelligence
Vegetable Oil

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (September 24, 2020)....
Published 25 Sep, 2020 02:45am
Palm oil drops
Commodities

Palm oil drops

KUALA LUMPUR: Malaysian palm oil futures plunged 3.6% on Thursday to a near four-week low, as weaker rival oils,...
Published 25 Sep, 2020 02:45am
Shipping Intelligence
Vegetable Oil

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (September 21, 2020)....
Published 22 Sep, 2020 02:39am
Shipping Intelligence
Vegetable Oil

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (September 18, 2020)....
Published 19 Sep, 2020 02:44am
Shipping Intelligence
Vegetable Oil

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (September 17, 2020)....
Published 18 Sep, 2020 02:59am
Shipping Intelligence
Vegetable Oil

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (September 16, 2020)....
Published 17 Sep, 2020 02:30am
Shipping Intelligence
Vegetable Oil

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (September 15, 2020)....
Published 16 Sep, 2020 02:46am
Malaysian palm oil jumps
Commodities

Malaysian palm oil jumps

KUALA LUMPUR: Malaysian palm oil futures extended gains and ended over 1% higher on Tuesday, tracking strength in...
Published 16 Sep, 2020 02:46am
Shipping Intelligence
Vegetable Oil

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (September 14, 2020)....
Published 15 Sep, 2020 02:27am
Palm oil surge 3pc
Commodities

Palm oil surge 3pc

KUALA LUMPUR: Malaysian palm oil futures rallied more than 3% to their highest in over seven months on Monday,...
Published 15 Sep, 2020 02:27am
Shipping Intelligence
Vegetable Oil

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (September 11, 2020)....
Published 12 Sep, 2020 02:43am
Shipping Intelligence
Vegetable Oil

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (September 10, 2020)....
Published 11 Sep, 2020 02:42am
Shipping Intelligence
Vegetable Oil

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (September 9, 2020)....
Published 10 Sep, 2020 02:29am
Palm oil falls 2pc
Commodities

Palm oil falls 2pc

KUALA LUMPUR: Malaysian palm oil futures slipped 2% on Wednesday, retreating from the previous session's sharp ...
Published 10 Sep, 2020 02:29am
Palm oil remains higher
Commodities

Palm oil remains higher

JAKARTA: Malaysian palm oil futures gained for a third straight session on Friday after soyaoils rose and palm ...
Published 29 Aug, 2020 02:49am
Palm oil at 4-week low
Commodities

Palm oil at 4-week low

JAKARTA: Malaysian palm oil futures closed at their lowest in four weeks on Tuesday, dragged down by weak partial...
Updated 26 Aug, 2020 02:50am
Palm oil moves higher
Commodities

Palm oil moves higher

KUALA LUMPUR: Malaysian palm oil futures reversed early losses on Tuesday, tracking rival soyaoil prices that have...
Published 19 Aug, 2020 02:45am
Palm oil ends higher
Commodities

Palm oil ends higher

KUALA LUMPUR: Malaysian palm oil futures rose as much as 3.35% on Thursday, gaining for a second day tracking a ...
Published 14 Aug, 2020 03:15am
US refiners' biofuel bills soar in oil market slump
Energy

US refiners' biofuel bills soar in oil market slump

  • The coronavirus crisis has led to less blending activity generally and as a result the issue of fewer compliance credits.
  • Another Texas-based refiner, CVR Energy Inc, also raised its full-year estimates for RIN costs by 43% to about $100 million. It had spent $43 million last year.
Published 12 Aug, 2020 01:21am
Palm oil rises
Commodities

Palm oil rises

KUALA LUMPUR Malaysian palm oil futures rose as much as 3.2% on Monday, tracking strong gains in Dalian palm and...
Published 04 Aug, 2020 02:47am
Palm oil marginally up
Commodities

Palm oil marginally up

KUALA LUMPUR: Malaysian palm oil futures trimmed early gains after profit-taking on Wednesday, and closed marginally...
Published 23 Jul, 2020 02:47am
Malaysian palm oil eases
Commodities

Malaysian palm oil eases

KUALA LUMPUR: Malaysian palm oil futures erased early gains and ended lower in volatile trade on Tuesday, as traders...
Published 22 Jul, 2020 02:47am
Palm oil closes higher on stronger global equities
Commodities

Palm oil closes higher on stronger global equities

  • The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange closed up 15 ringgit, or 0.62%, at 2,427 ringgit ($569.32) a tonne, after rising as much as 1.45%.
  • Malaysian palm oil inventories at end-June fell 6.3% from a month earlier, while production jumped 14.2%,
Published 13 Jul, 2020 06:50pm
Palm oil reverses early gains as crude oil falls
Commodities

Palm oil reverses early gains as crude oil falls

  • The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange closed down 0.13% to 2,359 ringgit ($550.53) a tonne.
  • Oil fell below $43 a barrel as a resurgence of coronavirus cases raised concerns that fuel demand growth could stall.
Published 03 Jul, 2020 05:21pm
Palm up 1.5pc as crude oil extend gains
Commodities

Palm up 1.5pc as crude oil extend gains

  • The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange closed 1.5% higher at 2,361 ringgit ($551.25).
  • Crude oil prices rose on Thursday as a sharp drop in oil stockpiles, making palm a more attractive option for biodiesel feedstock.
Published 02 Jul, 2020 05:45pm
Palm oil drops 1.4pc
Commodities

Palm oil drops 1.4pc

SINGAPORE: Malaysian palm oil futures fell for a fourth consecutive session on Monday, as cheaper rival oils and a...
Published 30 Jun, 2020 03:10am
Corn stays weak as US weather boosts crop prospects
Commodities

Corn stays weak as US weather boosts crop prospects

  • Benign Midwest weather fuels expectations of big corn crop.
  • Soybeans also ease as coronavirus worries hang over market.
  • Wheat steadies after initial harvest slide.
  • Market awaits weekly export data, looks ahead to acreage report.
Published 25 Jun, 2020 05:12pm
Palm oil bounces back
Commodities

Palm oil bounces back

KUALA LUMPUR: Malaysian palm oil futures bounced back on Tuesday as crude prices rose, but gains were limited by...
Published 24 Jun, 2020 03:13am
Palm oil bounces back on stronger crude
Commodities

Palm oil bounces back on stronger crude

  • The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange settled up 21 ringgit.
  • Crude oil prices rose after a volatile session sparked by confusion over the status of the US-China trade deal.
Published 23 Jun, 2020 06:06pm
Malaysian palm oil falls
Commodities

Malaysian palm oil falls

KUALA LUMPUR: Malaysian palm oil futures slid on Monday as the tropical commodity's global consumption is expected ...
Published 23 Jun, 2020 03:12am
Palm oil up on sentiment from overnight soyaoil rally
Vegetable Oil

Palm oil up on sentiment from overnight soyaoil rally

Malaysian palm oil futures rose on Friday, recovering from two sessions of declines, buoyed by sharp overnight gains in rival US soyaoil. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange closed 0.5% higher a
Published 05 Oct, 2019 12:00am
CPI registers 11.37 percent increase in September
Vegetable Oil

CPI registers 11.37 percent increase in September

The National Consumer Price Index has registered an increase of 11.37 percent from 113.90 points in September 2018 to 126.86 points in September 2019, said Pakistan Bureau of Statistics (PBS). The PBS last month changed the base year from 2007-08 to 2015-
Published 03 Oct, 2019 12:00am
CPI registers 11.37 percent increase in September
Vegetable Oil

CPI registers 11.37 percent increase in September

The National Consumer Price Index has registered an increase of 11.37 percent from 113.90 points in September 2018 to 126.86 points in September 2019, said Pakistan Bureau of Statistics (PBS). The PBS last month changed the base year from 2007-08 to 2015-
Published 03 Oct, 2019 12:00am
Malaysian palm oil recovers recent losses
Vegetable Oil

Malaysian palm oil recovers recent losses

Malaysian palm oil futures rebounded on Tuesday, helped by an increase in soyaoil prices, after falling to their lowest in almost eight weeks in the previous session. The benchmark palm oil contract for the December delivery on the Bursa Malaysia Derivati
Published 02 Oct, 2019 12:00am
Umer Rehan elected KATI president
Vegetable Oil

Umer Rehan elected KATI president

Sheikh Umer Rehan, Muhammad Ikram Rajput and Syed Wajid Hussain have been elected unopposed for the office of the President, Senior Vice-President and Vice-President of Korangi Association of Trade and Industry (KATI), respectively for the year 2019-20.
Published 27 Sep, 2019 12:00am
Palm oil hits over 6-week low
Vegetable Oil

Palm oil hits over 6-week low

Malaysian palm oil futures fell to an over six-week trough on Tuesday evening, recording a fifth straight session of losses on cues from prospects of firm output, slowing demand and weaker related edible oils. The benchmark palm oil contract for the Decem
Published 25 Sep, 2019 12:00am
Palm oil futures fall over 1 percent
Vegetable Oil

Palm oil futures fall over 1 percent

Malaysian palm oil futures fell over 1% on Monday evening, extending losses into a fourth consecutive session on expectations of sluggish export demand and higher production. The benchmark palm oil contract for December delivery on the Bursa Malaysia Deri
Published 24 Sep, 2019 12:00am
Palm oil extends losses
Vegetable Oil

Palm oil extends losses

Malaysian palm oil futures extended losses on Thursday due to a drop in related vegetable oils and weak exports, though a weaker ringgit restricted the downside. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Excha
Published 20 Sep, 2019 12:00am
Palm oil down tracking related oils
Vegetable Oil

Palm oil down tracking related oils

Malaysian palm oil futures slid on Wednesday, retreating from a three-week high achieved in the previous session as the market tracked softer related vegetable oils.
Published 19 Sep, 2019 12:00am
Palm oil jumps over four percent
Vegetable Oil

Palm oil jumps over four percent

Malaysian palm oil futures jumped over 4% on Tuesday, their highest in more than three weeks, as gains in related oils on the Dalian Commodity Exchange and a sliding ringgit powered sentiment. The benchmark palm oil contract on the Bursa Malaysia Derivati
Published 18 Sep, 2019 12:00am
EU rapeseed sowings may recover after poor summer harvest
Vegetable Oil

EU rapeseed sowings may recover after poor summer harvest

Rapeseed sowings in major EU producers could increase after this summer's poor harvest although restrictions on insecticides are causing problems for farmers, experts said on Thursday. Drought in 2018 hindered sowing of rapeseed, the European Union's main
Published 17 Sep, 2019 12:00am
Palm oil slips
Vegetable Oil

Palm oil slips

Malaysian palm oil futures eased on Thursday as a stronger ringgit and weaker related oils on China's Dalian Commodity Exchange weighed on prices. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange was down 0.
Published 13 Sep, 2019 12:00am
World food prices dip again
Vegetable Oil

World food prices dip again

World food prices fell for a third month running in August, pushed down by a sharp drop in the prices of sugar, wheat and maize, the United Nations food agency said on Thursday. The Food and Agriculture Organization (FAO) food price index, which measures
Published 06 Sep, 2019 12:00am
Palm oil edges up
Vegetable Oil

Palm oil edges up

Malaysian palm oil futures rose over 1% on Wednesday before paring some gains, lifted by higher overnight prices of soyaoil on the Chicago Board of Trade (CBOT) and a technical correction. The benchmark palm oil contract for November delivery on the Bursa
Published 05 Sep, 2019 12:00am
Palm oil slides to two-week low
Vegetable Oil

Palm oil slides to two-week low

Malaysian palm oil futures fell over 2% at the close of trade on Tuesday, pressured by weaker export growth and losses in soyaoil on the Chicago Board of Trade. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchan
Published 04 Sep, 2019 12:00am
Canada expects canola harvest to be smallest in four years
Vegetable Oil

Canada expects canola harvest to be smallest in four years

Canadian farmers expect to harvest the smallest canola crop in 4 years due to reduced plantings, according to a government report released on Wednesday amid a diplomatic dispute between Canada and China, the top importer of the crop. The spat, centered on
Published 03 Sep, 2019 12:00am
Ukraine's 2019-20 grain exports rise
Vegetable Oil

Ukraine's 2019-20 grain exports rise

Ukraine's grain exports have risen to almost 7.62 million tonnes so far in the 2019/20 July-June export season, up from 4.72 million tonnes at the same time last year, the agriculture ministry said on Wednesday. The volume includes 4.07 million tonnes of
Published 03 Sep, 2019 12:00am
Palm oil rebounds from one-week low
Vegetable Oil

Palm oil rebounds from one-week low

Malaysian palm oil futures rebounded from a one-week low in the second half of trade on Friday, supported by expectations of better export data scheduled for release on Aug. 31 and Sept. 3 by cargo surveyors.
Published 31 Aug, 2019 12:00am
Palm oil sees strongest gain in a week
Vegetable Oil

Palm oil sees strongest gain in a week

Malaysian palm oil futures charted their strongest daily gains in a week on Wednesday, pulling out of earlier range trading thanks to losses in the ringgit and a recovery in US soyaoil on the Chicago Board of Trade.
Published 29 Aug, 2019 12:00am
Palm oil snaps winning streak
Vegetable Oil

Palm oil snaps winning streak

Malaysian palm oil futures retreated from a more than six-month high hit the previous session on Tuesday, tracking weaker related oils on the US Chicago Board of Trade and China's Dalian Commodity Exchange. The benchmark palm oil contract for November del
Published 28 Aug, 2019 12:00am
Palm oil soars to six-month high
Vegetable Oil

Palm oil soars to six-month high

Malaysian palm oil futures rose on Monday, posting a fifth straight session of gains, as they tracked a rally in rival oils on the Dalian Commodity Exchange. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange
Published 27 Aug, 2019 12:00am
Palm oil hits fresh six-month high
Vegetable Oil

Palm oil hits fresh six-month high

Malaysian palm oil futures climbed to a fresh six-month peak on Friday, charting a fourth straight session of gains on expectations that production will be lower than initially forecast. The benchmark palm oil contract for November delivery on the Bursa M
Published 24 Aug, 2019 12:00am
Palm oil snaps losing streak
Vegetable Oil

Palm oil snaps losing streak

Malaysian palm oil futures rose nearly 2% in the second half of Tuesday's trading session, supported by gains in soyaoil on the US Chicago Board of Trade and stronger export data from cargo surveyors. The benchmark palm oil contract for November delivery
Published 21 Aug, 2019 12:00am
Palm oil falls nearly two percent
Vegetable Oil

Palm oil falls nearly two percent

Malaysian palm oil futures fell nearly 2% on Monday, weighed down by gains in the ringgit and tracking losses in related edible oils. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange was down 1.6% at 2,156 r
Published 20 Aug, 2019 12:00am
Malaysian palm oil edges down
Vegetable Oil

Malaysian palm oil edges down

Malaysian palm oil futures reversed earlier gains to fall at the close of trade on Friday, tracking related edible oils on China's Dalian Commodity Exchange which erased some gains. The benchmark palm oil contract for November delivery on the Bursa Malays
Published 17 Aug, 2019 12:00am
Palm oil declines two percent as recession concerns weigh
Vegetable Oil

Palm oil declines two percent as recession concerns weigh

Malaysian palm oil futures declined 2 percent at the close of trade on Thursday, weighed down by mounting concerns of a US recession and technical selling after seven consecutive days of gains. The benchmark palm oil contract for October delivery on the B
Published 16 Aug, 2019 12:00am
Palm oil extends rally
Vegetable Oil

Palm oil extends rally

Malaysian palm oil futures extended their rally late on Wednesday, hitting their highest in four and a half months, supported by expectations of stronger export data.
Published 15 Aug, 2019 12:00am
Palm oil climbs to over four-month high
Vegetable Oil

Palm oil climbs to over four-month high

Malaysian palm oil futures rose to their highest in more than four months on Tuesday, extending a streak of gains, as data on July stockpiles came in lower than forecast. The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivativ
Published 14 Aug, 2019 12:00am
Palm oil rises to 3-1/2-month high
Vegetable Oil

Palm oil rises to 3-1/2-month high

Malaysian palm oil futures extended gains on Friday evening to their highest in nearly three-and-a-half months, tracking US soyaoil on the Chicago Board of Trade (CBOT) and related oils on China's Dalian Commodity Exchange. The benchmark palm oil contract
Published 10 Aug, 2019 12:00am
Indonesia threatens tariff hike on EU dairy in trade spat
Vegetable Oil

Indonesia threatens tariff hike on EU dairy in trade spat

Indonesia's trade minister Friday threatened to impose higher tariffs on EU dairy imports in response to the bloc's proposed move to hit biodiesel made from palm oil with anti-subsidy duties. The warning could escalate a trade dispute with the European Un
Published 10 Aug, 2019 12:00am
China's July soyabean imports hit nearly 1 year high
Vegetable Oil

China's July soyabean imports hit nearly 1 year high

China's soyabean imports in July rose 8% from a year earlier, to their highest level in almost a year, customs data showed on Thursday, as importers increased their purchases of Brazilian beans on higher crush margins. China took in 8.64 million tonnes of
Published 10 Aug, 2019 12:00am
Palm oil hits fresh 10-week high
Vegetable Oil

Palm oil hits fresh 10-week high

Malaysian palm oil futures hit a fresh 10-week high on Wednesday during the second half of trade, boosted by lingering concerns that dry weather in Indonesia could impact output. The benchmark palm oil contract for October delivery on the Bursa Malaysia D
Published 08 Aug, 2019 12:00am
Palm oil hits fresh 2-month peak
Vegetable Oil

Palm oil hits fresh 2-month peak

Malaysian palm oil futures reversed early losses to close higher on Tuesday, hitting a fresh two-month high on the back of a weaker ringgit and expectations of lower August production.
Published 07 Aug, 2019 12:00am
Palm oil hits 2-month high
Vegetable Oil

Palm oil hits 2-month high

Malaysian palm oil futures rose over 1% on Monday evening, hitting the highest in two months on the back of strength in related edible oils and a weaker ringgit. The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchan
Published 06 Aug, 2019 12:00am
Palm oil charts losing session on weaker related oils
Vegetable Oil

Palm oil charts losing session on weaker related oils

Malaysian palm oil futures fell to a one-week low in Thursday trade, weighed down by losses in related edible oils on China's Dalian Commodity Exchange and weaker US soyaoil on the Chicago Board of Trade (CBOT). The benchmark palm oil contract for October
Published 02 Aug, 2019 12:00am
Malaysian palm oil snaps winning streak
Vegetable Oil

Malaysian palm oil snaps winning streak

Malaysian palm oil futures fell on Monday, easing from a seven-week high, in line with weaker crude oil prices and as traders booked profits. The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange was down 0.3% at
Published 30 Jul, 2019 12:00am
Malaysian palm oil rises to seven-week top
Vegetable Oil

Malaysian palm oil rises to seven-week top

Malaysian palm oil futures rose to their strongest in level in seven weeks in the second half of trade on Friday, tracking gains in US soyaoil on the Chicago Board of Trade (CBOT). The benchmark palm oil contract for October delivery on the Bursa Malaysia
Published 27 Jul, 2019 12:00am
Malaysian palm oil hits near two-month top
Vegetable Oil

Malaysian palm oil hits near two-month top

Malaysian palm oil futures jumped more than 1% on Thursday evening to hit near two-month highs, extending gains on stronger US soyaoil on the Chicago Board of Trade (CBOT) and short covering. The benchmark palm oil contract for October delivery on the Bur
Published 26 Jul, 2019 12:00am
Malaysian palm oil climbs
Vegetable Oil

Malaysian palm oil climbs

Malaysian palm oil futures climbed over 1% on Wednesday evening to their highest in more than a month, tracking gains in related edible oils.
Published 25 Jul, 2019 12:00am
Malaysian palm oil rises to one-month high
Vegetable Oil

Malaysian palm oil rises to one-month high

Malaysian palm oil futures recovered from earlier losses to rise over 1% on Tuesday, supported by strength in related edible oils and expectations that production gains will not be as high as forecast. The benchmark palm oil contract for October delivery
Published 24 Jul, 2019 12:00am
Malaysian palm oil gains
Vegetable Oil

Malaysian palm oil gains

Malaysian palm oil futures rose on Monday, tracking overnight gains in US soyaoil on the Chicago Board of Trade (CBOT) and supported by expectations that Indian edible oil imports could jump to record levels this year. The benchmark palm oil contract for
Published 23 Jul, 2019 12:00am
Palm oil rises more than 1pc
Vegetable Oil

Palm oil rises more than 1pc

Malaysian palm oil futures rose over 1% on Wednesday, supported by data pointing to slower than expected growth in production. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange closed up 1.4% at 2,208 ringgit
Published 22 Jul, 2019 12:00am
Palm oil falls on weaker demand outlook
Vegetable Oil

Palm oil falls on weaker demand outlook

Malaysian palm oil futures ended the trading day in negative territory, pressured by expected slower demand, but remained up on the week. The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange was down 0.6% at 1,97
Published 20 Jul, 2019 12:00am
Malaysian palm oil end slightly lower
Vegetable Oil

Malaysian palm oil end slightly lower

Malaysian palm oil futures recovered from early losses to close only slightly lower on Thursday, helped by improving trends in the broader vegetable oil market. The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchang
Published 19 Jul, 2019 12:00am
Malaysian palm oil gains
Vegetable Oil

Malaysian palm oil gains

Malaysian palm oil futures reversed early losses to end higher on Wednesday evening, supported by a weaker ringgit and tracking gains in crude oil and soyaoil on the Chicago Board of Trade (CBOT). The benchmark palm oil contract for October delivery on th
Published 18 Jul, 2019 12:00am
Malaysia to challenge EU palm oil curbs at WTO
Vegetable Oil

Malaysia to challenge EU palm oil curbs at WTO

Malaysia will lodge a complaint with the World Trade Organization over the European Union's plan to phase out the use of palm oil in biofuels, a minister said Tuesday. The Southeast Asian country is the world's second biggest palm oil producer after Indon
Published 17 Jul, 2019 12:00am
Malaysian palm oil ends lower
Vegetable Oil

Malaysian palm oil ends lower

Malaysian palm oil futures ended lower at the close of trade on Tuesday, tracking weaker related edible oils on the Chicago Board of Trade (CBOT) and China's Dalian Commodity Exchange. The benchmark palm oil contract for October delivery on the Bursa Mala
Published 17 Jul, 2019 12:00am
Palm oil hits over one-week high
Vegetable Oil

Palm oil hits over one-week high

Malaysian palm oil futures climbed on Monday to their highest in more than a week, tracking strength in US grains on the Chicago Board of Trade (CBOT) and related edible oils on China's Dalian Commodity Exchange. The benchmark palm oil contract for Septem
Published 16 Jul, 2019 12:00am
Malaysian palm oil recovers
Vegetable Oil

Malaysian palm oil recovers

Malaysian palm oil futures ended slightly higher on Friday, after trading lower for most of the session. Prices were earlier weighed down by a stronger ringgit, and weaker related edible oils on the US Chicago Board of Trade (CBOT) and China's Dalian Comm
Published 13 Jul, 2019 12:00am
Malaysian palm oil springs back
Vegetable Oil

Malaysian palm oil springs back

Malaysian palm oil futures gained at the close of trade on Thursday, reversing losses made earlier in the session, as firmer US soyaoil prices lent support. "Expectations for a US Department of Agriculture report tonight may be supportive, as analysts sug
Published 12 Jul, 2019 12:00am
Malaysian palm oil declines
Vegetable Oil

Malaysian palm oil declines

Malaysian palm oil futures fell on Wednesday evening weighed down by higher than forecast inventory levels in June according to a data release from the Malaysian Palm Oil Board (MPOB). The benchmark palm oil contract for September delivery on the Bursa Ma
Published 11 Jul, 2019 12:00am
Palm oil eases
Vegetable Oil

Palm oil eases

Malaysian palm oil futures edged lower at the close of trade on Tuesday as a fall in soyaoil prices and expectations of rising July output weighed. The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange was last
Published 10 Jul, 2019 12:00am
Palm oil edges down for second day
Vegetable Oil

Palm oil edges down for second day

Malaysian palm oil futures fell for a second consecutive session on Thursday evening due to a firmer ringgit and concerns over the longer term outlook for production and exports. A stronger ringgit, palm's currency of trade, usually makes the edible oil m
Published 05 Jul, 2019 12:00am
Malaysian palm oil down
Vegetable Oil

Malaysian palm oil down

Malaysian palm oil futures charted a decline on Wednesday evening after two sessions of gains, falling over 1% tracking overnight weakness in crude oil and Chicago Board of Trade (CBOT) soyaoil. The benchmark palm oil contract for September delivery on th
Published 04 Jul, 2019 12:00am
Palm oil extends losses to hit seven-month low
Vegetable Oil

Palm oil extends losses to hit seven-month low

Malaysian palm oil futures extended its falling streak on Friday, heading to seven-month lows as sluggish demand and expectations of higher production in coming months weighed on the vegetable oil market. The benchmark palm oil contract on the Bursa Malay
Published 29 Jun, 2019 12:00am
Malaysian palm oil down
Vegetable Oil

Malaysian palm oil down

Malaysian palm oil futures fell on Thursday as the ringgit rose amid sliding US Treasury yields, dragging down sentiment for the vegetable oil. The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange was down 1.2%
Published 21 Jun, 2019 12:00am
Malaysian palm oil benchmark steadies
Vegetable Oil

Malaysian palm oil benchmark steadies

Malaysia's benchmark palm oil contract closed unchanged on Friday, highlighting still sluggish demand as gains earlier in the day on Indonesia's plans to increase bio content in biodiesel evaporated. The benchmark palm oil contract for August delivery on
Published 15 Jun, 2019 12:00am
Ukraine's grain exports rise
Vegetable Oil

Ukraine's grain exports rise

Ukraine's grain exports have risen to 46.1 million tonnes so far in the 2018/19 season compared with 36.4 million tonnes at the same point last season, the agriculture ministry said on Wednesday. Ukraine harvested a record 70 million tonnes of grain last
Published 31 May, 2019 12:00am
Palm oil drops nearly 2 percent on technical selling
Vegetable Oil

Palm oil drops nearly 2 percent on technical selling

Malaysian palm oil futures closed nearly 2% down on Tuesday, retreating from a three-week high hit in early trade as technical selling and concern over higher than expected production weighed on prices. The benchmark palm oil contract for August delivery
Published 22 May, 2019 12:00am
Palm oil drops nearly 2 percent on technical selling
Vegetable Oil

Palm oil drops nearly 2 percent on technical selling

Malaysian palm oil futures closed nearly 2% down on Tuesday, retreating from a three-week high hit in early trade as technical selling and concern over higher than expected production weighed on prices. The benchmark palm oil contract for August delivery
Published 22 May, 2019 12:00am
World food prices climb, cereal output seen rising
Vegetable Oil

World food prices climb, cereal output seen rising

World food prices rose some 1.5 percent in April, with a jump in dairy and meat prices helping offset a fall in cereal quotations, the United Nations food agency said on Thursday. The Food and Agriculture Organization (FAO) also issued its first forecast
Published 10 May, 2019 12:00am
Palm oil near one-month low
Vegetable Oil

Palm oil near one-month low

Malaysian palm oil futures fell more than 2 percent during their second half of trade on Friday to their lowest in nearly a month, weighed down by weaker related edible oils. Expectations of only a slight drop in April inventory levels also contributed to
Published 27 Apr, 2019 12:00am
Palm oil slides on overnight soyaoil losses
Vegetable Oil

Palm oil slides on overnight soyaoil losses

Malaysian palm oil futures charted a third session of loses in four on Thursday evening, tracking weakness in overnight US soyaoil prices and on forecasts of slower-than-expected declines in output. The benchmark palm oil contract for July delivery on the
Published 26 Apr, 2019 12:00am
Palm oil reverses losses
Vegetable Oil

Palm oil reverses losses

Malaysian palm oil futures recouped earlier losses to close flat at the end of the trading day on Wednesday, helped by gains in the US soyaoil and on prospects of improving export demand. The benchmark palm oil contract for July delivery on the Bursa Mala
Published 25 Apr, 2019 12:00am
Palm oil hits one-week low
Vegetable Oil

Palm oil hits one-week low

Malaysian palm oil futures fell to their lowest in a week on Tuesday, their second straight day of losses as concerns persisted over high inventory levels in the world's second largest producer. The benchmark palm oil contract for July delivery on the Bur
Published 24 Apr, 2019 12:00am
Palm oil futures drop on profit-taking
Vegetable Oil

Palm oil futures drop on profit-taking

Malaysian palm oil futures shed the previous session's gains to edge lower on Monday evening as traders locked in gains and sold on technical data reflecting a bearish outlook. The benchmark palm oil contract for July delivery on the Bursa Malaysia Deriva
Published 23 Apr, 2019 12:00am
Palm oil charts weekly gain on stronger US soyaoil
Vegetable Oil

Palm oil charts weekly gain on stronger US soyaoil

Malaysian palm oil futures rose on Friday, scoring a third day of gains in four, tracking strength in US soyaoil on the Chicago Board of Trade. Palm also recorded a weekly gain, up 1.3 percent, supported by declines in the ringgit earlier this week.
Published 20 Apr, 2019 12:00am
Palm oil declines on weaker soyaoil
Vegetable Oil

Palm oil declines on weaker soyaoil

Malaysian palm oil futures dropped on Thursday, snapping two sessions of gains as they tracked weaker overnight soyaoil on the US Chicago Board of Trade and drew profit taking.
Published 19 Apr, 2019 12:00am
Palm oil climbs again on weaker ringgit
Vegetable Oil

Palm oil climbs again on weaker ringgit

Malaysian palm oil futures rose for a second straight session, and marked their strongest daily gain in two weeks, on Wednesday on the back of a weaker ringgit. The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange c
Published 18 Apr, 2019 12:00am
Palm oil reverses losses
Vegetable Oil

Palm oil reverses losses

Malaysian palm oil futures hit a one-week high during trade on Tuesday, reversing losses made earlier in the day and supported by a weaker ringgit and expectations of weaker than forecast production. The benchmark palm oil contract for July delivery on th
Published 17 Apr, 2019 12:00am
Palm oil slips to two-week low
Vegetable Oil

Palm oil slips to two-week low

Malaysian palm oil futures fell to their lowest levels in two weeks, dropping for a third session in four as stockpiles remained high and exports came in weaker than forecast.
Published 16 Apr, 2019 12:00am
Palm oil buoyed by softer ringgit
Vegetable Oil

Palm oil buoyed by softer ringgit

Malaysian palm oil futures rose on Friday as weakness in the ringgit helped it to reverse some losses after hitting a one-week low in the previous session. The ringgit, which has been weakening since April 3, fell to its lowest since Jan. 25. A weaker rin
Published 13 Apr, 2019 12:00am
Palm oil hits over one-week low
Vegetable Oil

Palm oil hits over one-week low

Malaysian palm oil futures edged down to their lowest in more than a week on Thursday evening, weighed down by expectations of rising production. The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange was down 0.7 per
Published 12 Apr, 2019 12:00am
Palm oil falls more than 2 percent
Vegetable Oil

Palm oil falls more than 2 percent

Malaysian palm oil futures fell more than 2 percent to a one-week low in evening trade on Wednesday as an official data release from the Malaysian Palm Oil Board (MPOB) showed that March end-stocks and output were higher than forecast.
Published 11 Apr, 2019 12:00am
Palm oil edges up on bullish output forecasts
Vegetable Oil

Palm oil edges up on bullish output forecasts

Malaysian palm oil futures charted a sixth day of gains in seven on Tuesday evening as the market cheered a bullish outlook on March production and inventory levels. Traders expect Malaysian Palm Oil Board on Wednesday to show declines in March end-stocks
Published 10 Apr, 2019 12:00am