Vegetable Oil - Markets - Business Recorder

Commodities

Palm oil climbs over 3 percent

KUALA LUMPUR: Malaysian palm oil futures rose over 3 percent on Friday, reversing early losses to end up 1.5% this...

Published 28 Nov, 2020 03:04am

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

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

Commodities

Palm gains as stronger crude, rival oils off weigh demand slump

The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange closed up 1.11pc at 3,285 ringgit ($804.16) a tonne.

Published 25 Nov, 2020 04:26pm

Commodities

Malaysian palm oil slides

KUALA LUMPUR: Malaysian palm oil futures fell 2% on Tuesday to hit a two-week low as traders anticipate November...

Published 25 Nov, 2020 02:56am

Commodities

Palm falls on lean November exports, weaker rival soy

The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange slid 55 ringgit, or 1.65pc, to 3,271 ringgit ($799.56) a tonne by the midday break.

Published 24 Nov, 2020 04:48pm

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

Commodities

Palm ends higher on lower production concerns

The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange rose 42 ringgit, or 1.28pc, to 3,330 ringgit ($814.58) a tonne.

Published 23 Nov, 2020 05:02pm

Commodities

Palm logs near 3pc weekly loss, ends four-week climb as Nov exports tumble

Palm oil is affected by price movements in related oils as they compete for a share in the global vegetable oils market.

Published 20 Nov, 2020 04:31pm

Commodities

CBOT soyabean futures hit four-year high

CHICAGO: Chicago Board of Trade soyabean futures climbed for a fourth straight session on Wednesday and hit the...

Published 20 Nov, 2020 03:04am

Commodities

Palm retreats from 8-year high on fears of weak exports

Palm falls after hitting highest since May 3, 2012.
Nov. 1-20 exports expected to decline.
Low palm oil inventory may carry forward to mid-2021.

Published 19 Nov, 2020 06:01pm

Commodities

US MIDDAY: Soyabeans hit fresh 4-year peak

CHICAGO: US soyabean futures rose to a new four-year peak on Wednesday, led by sharply higher soyaoil and as robust...

Published 19 Nov, 2020 02:55am

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

Commodities

India's vegetable oil imports drop 13pc in 2019-20

India imported 13.5 million tonnes of vegetable oils in the 2019-20 oil year.
In 2019-20, India's palm oil imports fell 23.3% to 7.22 million tonnes,

Published 13 Nov, 2020 06:13pm

Commodities

Palm oil hovers at over 8-year high

KUALA LUMPUR: Malaysian palm oil futures on Tuesday rose to their best level in 8-1/2 years as a sharp decline in...

Updated 11 Nov, 2020 03:17am

Commodities

Palm oil hovers at over 8-year high on lower Oct inventories, output

The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange settled 0.9% higher at 3,256 ringgit ($790.68) a tonne,
export shipments from Malaysia during Nov. 1-10 fell between 17% and 19%, cargo surveyors said.

Published 10 Nov, 2020 05:42pm

Commodities

China's Oct soybean imports soar to 8.7mn tonne on rising Brazilian, US cargoes

The world's top soybean importer brought in 8.69 million tonnes of the oilseed in October, up from 6.18 million tonnes in the same month of the previous year.
"The rest majority are still Brazilian beans, which (crushers) booked very cheap earlier," Xie said.

Published 07 Nov, 2020 06:40pm

Commodities

Palm retreats from 8-year high but logs 5pc weekly rise

Palm oil rises 5.6% for the week.
Indonesia new levy structure to set next price direction
Palm prices $10 below CBOT soyoil prices.

Published 06 Nov, 2020 05:48pm

Commodities

Palm oil jumps 3 percent to 8-year high

KUALA LUMPUR: Malaysian palm oil futures climbed more than 3% to an eight-year high on Thursday, extending gains to ...

Updated 06 Nov, 2020 03:22am

Commodities

Canadian canola futures rise

WINNIPEG: ICE Canadian canola futures rose on Tuesday, lifted by spillover strength in soyaoil, a rival vegetable ...

Published 05 Nov, 2020 02:53am

Commodities

Palm oil climbs to near 10-month high on tight supply outlook

Palm hits highest since Jan. 13.
La Nina, northeast monsoon to curb output in Malaysia.
Industry expecting a slump in Oct. end-stocks.

Published 04 Nov, 2020 07:06pm

Vegetable Oil

Trade body urges India not to reduce import tax on edible oils

Edible oil prices in India, the world's biggest importer of vegetable oils, have jumped recently, tracking a rally on foreign markets and after the local soybean crop was damaged by excessive rainfall.

Published 28 Oct, 2020 07:59pm

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

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

Commodities

Palm oil flat, logs 2 percent weekly rise

KUALA LUMPUR: Malaysian palm oil futures ended flat on Friday, but logged a 2.5% weekly rise as wet weather...

Published 24 Oct, 2020 02:41am

Commodities

Palm oil flat, logs 2pc weekly rise on supply worries

Palm ends three day climb.
Wet weather, virus lockdown hamper output.
Oct. exports signals higher demand from India, China.

Published 23 Oct, 2020 05:39pm

Commodities

Palm oil falls most in near one month

KUALA LUMPUR: Malaysian palm oil futures slumped more than 3% on Monday, their biggest fall in nearly a month, as...

Published 20 Oct, 2020 02:42am

Commodities

Palm oil clocks 1.4 percent weekly fall

KUALA LUMPUR: Malaysian palm oil futures steadied on Friday, buoyed by supply concerns, but logged a weekly loss of...

Published 17 Oct, 2020 03:08am

Commodities

Palm oil clocks 1.4pc weekly fall as exports decline

Soybean farmers in Argentina are hoarding crops due to foreign exchange uncertainty and Ukraine's sunseed harvest has been hit by poor weather.

Published 16 Oct, 2020 03:36pm

Commodities

Palm falls over 2pc on lower Oct exports, weaker crude

Oil prices fell as the new restrictions in the bloc increased uncertainty over the outlook for economic growth and a recovery in fuel demand.

Published 15 Oct, 2020 05:41pm

Commodities

Palm oil ends 7-day rally

KUALA LUMPUR: Malaysian palm oil futures fell on Wednesday after seven consecutive day of gains, as low biodiesel...

Published 15 Oct, 2020 03:10am

Commodities

Palm ends seven-day rally on weak biodiesel consumption, lower export estimates

The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange closed 15 ringgit, or 0.50pc, lower at 2,988 ringgit ($720.17) a tonne, after rising 0.5pc.

Published 14 Oct, 2020 06:01pm

Commodities

Palm climbs for seventh day as Indonesia warns of La Nina hit

The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange settled up 9 ringgit, or 0.3pc, at 3,003 ringgit ($725.36) a tonne.

Updated 13 Oct, 2020 05:31pm

Commodities

Palm oil gains for sixth day

KUALA LUMPUR: Malaysian palm oil futures ended 3% higher on Monday, extending gains to a sixth session as rival...

Published 13 Oct, 2020 02:45am

Commodities

Palm oil jumps more than 3pc on stronger Dalian oils, higher exports

Palm oil is affected by price movements in related oils as they compete for a share in the global vegetable oils market.

Published 12 Oct, 2020 04:48pm

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

Commodities

Palm oil slips over 2 percent

JAKARTA: Malaysian palm oil futures fell nearly 3% on Friday as prices of crude oil fell after US President Trump...

Published 03 Oct, 2020 02:45am

Commodities

Palm falls over 2pc on cheaper crude after Trump tests positive for COVID-19

The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange closed 2.8pc lower to 2,715 ringgit ($652.33) a tonne.

Updated 02 Oct, 2020 05:57pm

Commodities

Malaysian palm oil futures up

SINGAPORE: Malaysian palm oil futures rose 2.8% on Thursday on bargain buying and overnight rally in soya prices on...

Published 02 Oct, 2020 02:30am

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

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

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

Commodities

Palm oil ends flat; plans of fresh Malaysia curbs help prices

The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange closed at 2,822 ringgit ($676.25) per tonne, unchanged from Friday's closing.

Published 28 Sep, 2020 04:37pm

Vegetable Oil

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port handled 175,688 tonnes of cargo comprising 143,147 tonnes of import cargo and 32,541 ...

Published 26 Sep, 2020 02:40am

Commodities

Palm oil rebounds as flooding in Indonesia stoke supply fears

Dalian's most-active soyoil contract fell 0.63pc, while its palm oil contract slipped 1.17pc. Soyoil prices on the Chicago Board of Trade were down 0.28pc.

Published 25 Sep, 2020 05:01pm

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

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

Commodities

Palm oil falls over 3pc

KUALA LUMPUR: Malaysian palm oil futures fell more than 3% on Wednesday, tracking weaker rival oils while...

Published 24 Sep, 2020 02:47am

Commodities

Ukraine's 2020 soybeans crop to fall by 19pc

The association last week revised down its forecast for Ukraine's 2020, sunflower seed output to 14-15 million tonnes from the previous estimate of 15 million because of poor weather.

Published 22 Sep, 2020 04:07pm

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

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

Commodities

Palm oil logs highest weekly gain in five years

KUALA LUMPUR: Malaysian palm oil futures rose over 3% on Friday, logging their biggest weekly jump in five years,...

Published 19 Sep, 2020 02:44am

Commodities

Soy up 9-12 cents, wheat up 3-4 cents, corn steady-up 2 cents

Concerns about dry conditions limiting global production underpin wheat market.
Gains in wheat and soybeans support corn futures, which have risen 2.4% this week and hit their highest since March 10 overnight.

Published 18 Sep, 2020 06:08pm

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

Commodities

Soybeans extend run to two-year peak as exports to China flow

Soybeans at highest since June 2018 on brisk Chinese demand.
Corn at six-month peak, Chinese crop losses in focus.

Published 17 Sep, 2020 06:20pm

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

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

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

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

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

Commodities

Palm oil surge 3pc on gains in rival oils, hopes of better exports

Palm hits highest level since Jan. 24.
Spread between palm and soy oil and sun oil widening –broker.
Sept. 1-15 exports likely up 10-12%.

Published 14 Sep, 2020 05:03pm

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

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

Commodities

Palm slips on concerns over rising output, lower-than-expected exports

The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange closed down 2 ringgit.
Crude palm oil output rose 3.07% to a two-month high of 1.86 million tonnes, MPOB said.

Published 10 Sep, 2020 06:00pm

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

Commodities

Egypt sets up commodities exchange for wheat, oils, sugar and rice

CAIRO: Egypt on Wednesday announced the formation of a commodities exchange which will initially trade wheat, oils,...

Published 10 Sep, 2020 02:29am

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

Commodities

Palm oil snaps 2-day losing streak

KUALA LUMPUR: Malaysian palm oil futures ended higher on Tuesday, snapping a two-day losing streak and climbing as...

Published 09 Sep, 2020 02:38am

Commodities

China August soyabean imports fall from July as Brazilian cargoes slow

SHANGHAI: China's soyabean imports dipped in August from the previous month, customs data showed on Monday, amid...

Published 08 Sep, 2020 03:07am

Commodities

Malaysian palm oil ends lower

KUALA LUMPUR: Malaysian palm oil futures ended a volatile session more than 1% lower on Monday, dragged down by...

Published 08 Sep, 2020 03:07am

Commodities

Palm oil rises to over 7-month high

KUALA LUMPUR: Malaysian palm oil futures closed at an over seven-month high on Thursday, their sixth straight ...

Published 04 Sep, 2020 02:57am

Commodities

World food price index rises for 3rd month running in August

ROME: World food prices rose for a third month running in August, led by coarse grains, vegetable oils and sugar, ...

Published 04 Sep, 2020 02:57am

Commodities

Palm climbs for 5th day as weaker ringgit boosts

Palm oil rose 3.2% in intraday trade on Tuesday to touch its highest level in nearly seven months.
"The market is more focused on August production situation than the drop in exports," he added.

Published 02 Sep, 2020 05:40pm

Commodities

Palm oil touches near seven-month high

KUALA LUMPUR: Malaysian palm oil futures climbed as much as 3.2% on Tuesday, touching its highest in nearly seven...

Published 02 Sep, 2020 02:42am

Commodities

Palm oil touches near seven-month high tracking stronger soyoil

The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange closed up 44 ringgit.
Palm oil logged a 2.3% monthly rise on Friday, its second straight monthly gain.

Published 01 Sep, 2020 06:09pm

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

Commodities

Malaysian palm oil climbs

JAKARTA: Malaysian palm oil futures climbed for a second straight session on Thursday as rival oils rallied, ...

Published 28 Aug, 2020 02:02am

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

Commodities

Palm ends at 4-week low on soft August export data, firmer ringgit

A stronger ringgit makes palm more expensive for holders of other currencies.

Published 25 Aug, 2020 08:13pm

Commodities

Palm oil falls over 2 percent

KUALA LUMPUR: Malaysian palm oil futures ended more than 2% lower on Friday, pressured by gloomy partial August...

Updated 23 Aug, 2020 10:32am

Commodities

Palm oil climbs to highest in over a week

KUALA LUMPUR: Malaysian palm oil futures closed at their highest in more than a week on Wednesday, up for a third...

Published 20 Aug, 2020 02:57am

Commodities

Indonesia mulls palm oil levies increase to support biodiesel plans

Indonesia collects levies from palm oil exports to fund the cost difference between fuel made from palm oil and fossil diesel fuel as incentives for producers.

Published 19 Aug, 2020 03:53pm

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

Commodities

Malaysian palm oil moves up

KUALA LUMPUR: Malaysian palm oil futures rose more than 1% on Monday, following higher prices of rival soyaoil on ...

Published 18 Aug, 2020 03:13am

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

Commodities

Palm ends higher on strength of rival oils, lower Indonesia output

The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange closed up 30 ringgit, or 1.12pc, at 2,718 ringgit ($649.00) a tonne.

Published 13 Aug, 2020 05:12pm

Commodities

Palm oil reverses early losses

KUALA LUMPUR: Malaysian palm oil futures reversed early losses on Wednesday, snapping a three-day losing streak,...

Published 13 Aug, 2020 02:31am

Commodities

Palm reverses early losses on lower Indonesia production

The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange closed up 40 ringgit, or 1.51pc, at 2,683 ringgit ($640.33) a tonne.

Published 12 Aug, 2020 04:14pm

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

Vegetable Oil

Bhutan in virus lockdown for the first time

As of midday, the health ministry had traced 210 people suspected to have come in contact with her, the prime minister's office said.

Published 11 Aug, 2020 04:16pm

Commodities

Malaysian palm ends nearly 2pc lower

KUALA LUMPUR: Malaysian palm oil futures fell nearly 2% on Monday, down for a second straight session, pressured by...

Published 11 Aug, 2020 03:08am

Commodities

Palm ends nearly 2pc lower as exports, rival oils fall

Malaysia's palm oil exports for August 1-10 fell between 4.8pc and 6.2pc from July, cargo surveyors said.

Published 10 Aug, 2020 04:08pm

Commodities

'Like gold': Canadian canola prices spike as shippers find back door to China

WINNIPEG: Canadian canola prices have soared to the highest in nearly two years, despite a diplomatic dispute ...

Published 10 Aug, 2020 02:51am

Commodities

World food price index rises in July, extending rebound

PARIS: World food prices rose in July led by vegetable oils, dairy products and sugar, extending a rebound from the...

Published 07 Aug, 2020 02:45am

Commodities

Palm oil ends nearly 2pc lower

KUALA LUMPUR: Malaysian palm oil futures ended nearly 2% lower on Wednesday, snapping a four-day winning streak...

Published 06 Aug, 2020 02:56am

Commodities

Palm oil futures track Dalian palm, soyoil higher

Palm rose as much as 3.2pc in the previous session after cargo surveyors reported that July exports rose 5.8pc-6.8pc on-month.

Published 04 Aug, 2020 04:41pm

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

Commodities

Palm oil tracks rise in rival oils

JAKARTA: Malaysian palm oil futures snapped a two-day losing streak to rise over 1% on Wednesday as costlier rival...

Published 30 Jul, 2020 02:57am

Commodities

Palm oil extends falls on cheaper rivals, profit-taking

The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange declined 2.4pc to 2,608 ringgit ($613.65) a tonne when markets closed.

Published 28 Jul, 2020 03:57pm

Commodities

Canadian canola futures fall

WINNIPEG: ICE Canadian canola futures slipped on Wednesday for a second straight day, pressured by declining soyaoil...

Published 24 Jul, 2020 02:59am

Commodities

Palm oil tracks soyoil fall, wet weather stokes supply concerns

Palm oil for October delivery on the Bursa Malaysia Derivatives Exchange fell 7 ringgit, or 0.26pc, to 2,649 ringgit ($623.59) a tonne by the midday break.

Published 23 Jul, 2020 05:43pm

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

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

Commodities

Palm oil bounces back, hovers near 5-month high on supply concerns

Palm rose nearly 1.8pc and closed at its highest since Feb. 13 in the previous session.

Published 21 Jul, 2020 05:59pm

Commodities

Palm gains; posts highest weekly jump in over 3 years on supply worries

The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange settled 3.7% higher at 2,614 ringgit ($613.33) per tonne.
"Weather factors have been supporting the market since a few days ago," a Singapore-based trader said.

Published 17 Jul, 2020 08:00pm

Commodities

India's soyabean output set to jump at least 15pc

MUMBAI: India's soyabean production is set to jump by at least 15% in 2020 from a year earlier as farmers are...

Published 17 Jul, 2020 02:53am

Commodities

Malaysian palm oil snaps 4-day win streak

KUALA LUMPUR: Malaysian palm oil futures snapped a four-day winning streak on Thursday due to profit taking and...

Published 17 Jul, 2020 02:53am

Commodities

Palm snaps 4-day win streak on profit taking, worries of lower demand from India

"The equities market is coming down and sales to India has been bad," a Kuala Lumpur-based trader said.
Also weighing on the commodity, global equities fell due to deteriorating US-China relations.

Published 16 Jul, 2020 05:49pm

Commodities

CBOT soyabean futures up

CHICAGO: Chicago Board of Trade soyabean futures closed higher on Tuesday in rangebound trade, buoyed by on ...

Updated 16 Jul, 2020 03:07am

Commodities

Palm hits four-month high on hopes of better July 1-15 exports

Export pace from Malaysia during July 1-15 is expected to improve with the market pegging a 9-10% monthly fall.
The contract climbed to an intraday high of 3.09% and touched its highest level since March 5.

Published 14 Jul, 2020 05:25pm

Commodities

Malaysian palm oil falls

KUALA LUMPUR: Malaysian palm oil futures fell on Monday, tracking losses in crude and rival soyaoil, while and as...

Updated 14 Jul, 2020 03:50am

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

Commodities

Palm ends higher as June inventories fall; clocks 2pc weekly gain

The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange closed up 0.36%, to 2,412 ringgit ($566.14) a tonne.
Production was surprisingly higher than market expectations of 7% to 12% increase.

Published 10 Jul, 2020 05:46pm

Commodities

Palm reverses early gains on estimates of lower July 1-10 exports

The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange closed down 3 ringgit, or 0.12%, at 2,404 ringgit ($564.32) a tonne.
Palm had risen 2% to close at a two-week high in the previous session.

Published 09 Jul, 2020 05:54pm

Commodities

Malaysian palm oil at two-week high

KUALA LUMPUR: Malaysian palm oil futures gained 2% on Wednesday as soyaoil prices strengthened, with improved ...

Published 09 Jul, 2020 02:43am

Commodities

Malaysian palm oil ends lower

KUALA LUMPUR: Malaysian palm oil futures fell on Tuesday, dragged by estimates of a jump in June production and...

Published 08 Jul, 2020 02:55am

Commodities

Palm ends lower on weaker crude prices, higher-than-expected output

The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange settled down 32 ringgit, or 1.34%, at 2,359 ringgit a tonne.
Lower crude oil makes palm a less attractive option for biodiesel feedstock.

Published 07 Jul, 2020 06:05pm

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

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

Commodities

Palm oil extends losing streak

KUALA LUMPUR: Malaysian palm oil futures reversed early gains on Tuesday, falling for the fifth consecutive day on...

Published 01 Jul, 2020 03:09am

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

Commodities

Corn firms from six-week low as market awaits US crop data

Corn helped by steady financial markets, caution before USDA data.
Expectations of bumper US harvest expected to keep a lid on prices.
Wheat also gains after harvest slide and as Algeria calls tender.

Published 29 Jun, 2020 06:01pm

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

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

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

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

Commodities

Palm oil falls on likely drop in global consumption, higher production

The Southern Peninsular Palm Oil Millers Association, meanwhile, has estimated June 1-20 production in some parts of Malaysia to have jumped 18.8%.
The Malaysian Palm Oil Council in the same seminar projected that oil prices would average 2,337 ringgi

Published 22 Jun, 2020 04:19pm

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

Vegetable Oil

World food prices stable in September

World food prices were stable in September with a fall in sugar prices offset by climbs for vegetable oils and meat, the United Nations food agency said on Thursday.

Published 04 Oct, 2019 12:00am

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

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

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

Vegetable Oil

Malaysian palm up over 1 percent

Malaysian palm oil futures rose more than 1% in afternoon trading on Thursday after bullish forecasts at an industry conference in India.

Published 27 Sep, 2019 12:00am

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Vegetable Oil

Palm oil charts second day of losses

Malaysian palm oil futures edged down on Friday, holding steady amid bearish trade sentiment after US President Donald Trump's fresh tariff threat against China.

Published 03 Aug, 2019 12:00am

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

Vegetable Oil

Palm oil charts first monthly gain since January

Malaysian palm oil futures charted their first monthly gain since January at the close of trade on Wednesday, ending around a seven-week high on support from export data released by cargo surveyors.

Published 01 Aug, 2019 12:00am

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Vegetable Oil

Total starts production at French biofuel refinery

Total on Wednesday said it had begun producing biofuel at a refinery in southern France, a project that has sparked an outcry from environmentalists and farmers over its plans to import palm oil.

Published 08 Jul, 2019 12:00am

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

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

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

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

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

Vegetable Oil

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (May 31, 2019).

Published 01 Jun, 2019 12:00am

Vegetable Oil

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (May 31, 2019).

Published 01 Jun, 2019 12:00am

Vegetable Oil

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (May 30, 2019).

Published 31 May, 2019 12:00am

Vegetable Oil

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (May 30, 2019).

Published 31 May, 2019 12:00am

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

Vegetable Oil

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (May 29, 2019).

Published 30 May, 2019 12:00am

Vegetable Oil

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (May 29, 2019).

Published 30 May, 2019 12:00am

Vegetable Oil

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (May 28, 2019).

Published 29 May, 2019 12:00am

Vegetable Oil

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (May 28, 2019).

Published 29 May, 2019 12:00am

Vegetable Oil

Indonesia's April palm oil output likely to rise

Indonesia's palm output in April likely rose from a month earlier, while exports edged lower, according to a Reuters survey of industry participants and observers.

Published 28 May, 2019 12:00am

Vegetable Oil

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (May 27, 2019).

Published 28 May, 2019 12:00am

Vegetable Oil

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (May 27, 2019).

Published 28 May, 2019 12:00am

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

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

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

Vegetable Oil

CPI-based inflation recorded at 8.8 percent in April on YoY basis

The Consumer Price Index (CPI) based inflation was recorded at 8.8 percent in April 2019 on year-on-year basis as compared with 9.4 percent in March 2019 and 3.7 percent in same month of 2018. According to data released by Pakistan Bureau of Statistic (PB

Published 03 May, 2019 12:00am

Vegetable Oil

CPI-based inflation recorded at 8.8 percent in April on YoY basis

The Consumer Price Index (CPI) based inflation was recorded at 8.8 percent in April 2019 on year-on-year basis as compared with 9.4 percent in March 2019 and 3.7 percent in same month of 2018. According to data released by Pakistan Bureau of Statistic (PB

Published 03 May, 2019 12:00am

Vegetable Oil

CPI-based inflation recorded at 8.8 percent in April on YoY basis

The Consumer Price Index (CPI) based inflation was recorded at 8.8 percent in April 2019 on year-on-year basis as compared with 9.4 percent in March 2019 and 3.7 percent in same month of 2018. According to data released by Pakistan Bureau of Statistic (PB

Published 03 May, 2019 12:00am

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

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

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

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

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

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

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

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

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

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

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

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

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

Vegetable Oil

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (April 09, 2019).

Published 10 Apr, 2019 12:00am

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

Vegetable Oil

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (April 09, 2019).

Published 10 Apr, 2019 12:00am

Vegetable Oil

Palm oil falls over one percent

Malaysian palm oil futures retreated from a six-week top on Monday evening, falling over 1 percent to snap five sessions of gains, tracking weaker soyabean oil prices on the US Chicago Board of Trade and in a technical correction.

Published 09 Apr, 2019 12:00am

Vegetable Oil

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (April 08, 2019).

Published 09 Apr, 2019 12:00am

Vegetable Oil

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (April 08, 2019).

Published 09 Apr, 2019 12:00am

Vegetable Oil

Second phase of CPFTA acceptable but not at the cost of local industries: FPCCI

President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Engr Daroo Khan Achakzai has said that Pakistan may enter into second phase of China-Pakistan Free Trade Agreement (CPFTA) with China but not at cost of closing our local indust

Published 06 Apr, 2019 12:00am

Vegetable Oil

Palm oil rises to six-week high

Malaysian palm oil futures surged to their highest in six weeks on Friday evening, charting a fifth straight session of gains, on expectations of dwindling stockpiles and improved exports. The benchmark palm oil contract for June delivery on the Bursa Mal

Published 06 Apr, 2019 12:00am

Vegetable Oil

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (April 05, 2019).

Published 06 Apr, 2019 12:00am

Vegetable Oil

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (April 05, 2019).

Published 06 Apr, 2019 12:00am

Vegetable Oil

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (April 04, 2019).

Published 05 Apr, 2019 12:00am

Vegetable Oil

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (April 04, 2019).

Published 05 Apr, 2019 12:00am

Vegetable Oil

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (April 03, 2019).

Published 04 Apr, 2019 12:00am

Vegetable Oil

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (April 03, 2019).

Published 04 Apr, 2019 12:00am

Vegetable Oil

Palm oil hits two-week high

Malaysian palm oil futures rose to a two-week high during trade on Wednesday, posting a third straight day of gains, on expectations of easing stockpiles and tracking strength in soyaoil on the US Chicago Board of Trade (CBOT). The benchmark palm oil cont

Published 04 Apr, 2019 12:00am

Vegetable Oil

Is our loose milk safe?

Good nutrition and access to an adequate and balanced diet is essential not only for child's growth and development, but also for adults for protection from both infectious and non-communicable diseases (NCDs). Milk is traditionally considered as a comple

Published 03 Apr, 2019 12:00am

Vegetable Oil

Palm oil jumps nearly 2 percent

Malaysian palm oil futures surged nearly 2 percent on Tuesday evening, tracking gains in related edible oils and on prospects of reduced stockpiles because of higher exports. The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivati

Published 03 Apr, 2019 12:00am

Vegetable Oil

Palm oil edges up on stronger exports

Malaysian palm oil futures rose on Monday as cargo surveyor data showed stronger March exports, although gains were capped by concerns about higher production. The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange cl

Published 02 Apr, 2019 12:00am

Vegetable Oil

Palm oil edges lower, down nearly 3 percent on the week

Malaysian palm oil futures edged down at the close of trade on Friday, recording a fifth session of losses in six and tracking weakness in China's Dalian Commodity Exchange, traders said. The benchmark palm oil contract for June delivery on the Bursa Mala

Published 30 Mar, 2019 12:00am

Vegetable Oil

Palm falls to one-week low

Malaysian palm oil futures fell to a one-week low on Wednesday as market sentiment remained bearish over high inventory levels, before reversing its losses at the close of trade on short covering. The benchmark palm oil contract for June delivery on the B

Published 28 Mar, 2019 12:00am

Vegetable Oil

Palm oil falls further

Malaysian palm oil futures fell for a third consecutive session on Tuesday on expectations of higher output in March. The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange was down 0.4 percent at 2,132 ringgit ($523.

Published 27 Mar, 2019 12:00am

Vegetable Oil

Palm oil follows other edible oils to hit three-day low

Malaysian palm oil futures fell to their lowest in three days on Monday, tracking weaker related edible oils.

Published 26 Mar, 2019 12:00am

Vegetable Oil

SUFI GROUP: Continuous era of success

Established in 1992, Hamza Vegetable Oil Refinery & Ghee Mills, with aspiration to achieve every goal. Its significant progress in the production of Sufi Banaspati along with Sufi Sunflower Cooking Oil, Sufi Soyabean Cooking Oil and later Sufi Canola Cook

Published 23 Mar, 2019 12:00am

Vegetable Oil

Palm oil extends gains

Malaysian palm oil futures hit a more than two week high on Thursday as easing concerns about high output and expectations of better export demand buoyed investor sentiment. The benchmark third-month palm oil contract on the Bursa Malaysia Derivatives Exc

Published 22 Mar, 2019 12:00am

Vegetable Oil

Malaysian palm oil rises

Malaysian palm oil futures rose on Tuesday after hitting a three-month low last week, but high stockpiles of the vegetable oil will likely continue to put pressure on prices. The benchmark palm oil contract on the Bursa Malaysia Derivatives Exchange rose

Published 20 Mar, 2019 12:00am

Vegetable Oil

Malaysian palm pares back early gains

Malaysian palm oil futures dipped again on Tuesday, losing earlier gains made on rising crude oil prices.

Published 13 Mar, 2019 12:00am

Vegetable Oil

Rising stockpiles weigh on Malaysian palm market

Malaysian palm oil futures edged lower on Monday after government data showed a higher than expected build up in stocks of the edible oil. The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange was down 0.14 percent at

Published 12 Mar, 2019 12:00am

Vegetable Oil

Palm oil reverses gains, falls for third day

Malaysian palm oil futures reversed early gains to close lower on Friday, charting a third straight day of losses on weaker demand outlook. The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange was down 0.4 percent at

Published 09 Mar, 2019 12:00am

Vegetable Oil

Palm oil reverses gains, falls for third day

Malaysian palm oil futures reversed early gains to close lower on Friday, charting a third straight day of losses on weaker demand outlook. The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange was down 0.4 percent at

Published 09 Mar, 2019 12:00am

Vegetable Oil

Palm oil falls 1 percent

Malaysian palm oil futures fell over 1 percent on Thursday, charting a second straight session of declines, on weaker related edible oils and bearish market outlook on palm prices and inventory levels. The benchmark palm oil contract for May delivery on t

Published 08 Mar, 2019 12:00am

Vegetable Oil

Palm oil rises on bullish market outlook

Malaysian palm oil futures inched higher on Tuesday, with traders expecting more upbeat outlooks from participants at an industry conference this week. The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange closed up 0

Published 06 Mar, 2019 12:00am

Vegetable Oil

China's rapeseed meal futures jump 4 percent

China's rapeseed meal futures on Friday jumped more than 4 percent on worries that supplies would tighten as cargoes from major supplier Canada were said to be receiving higher scrutiny at ports. The most active rapeseed meal futures on Zhengzhou Commodit

Published 05 Mar, 2019 12:00am

Vegetable Oil

Palm oil tumbles on higher output forecast

Malaysian palm oil futures fell on Monday, retreating from their highest level in a week following a forecast of ballooning production for 2018-2019 compared with the preceding period.

Published 05 Mar, 2019 12:00am

Vegetable Oil

Palm oil jumps three percent

Malaysian palm oil futures gained more than 3 percent at the close of trade on Friday, snapping five previous losing sessions, supported by short covering and forecasts of falling February production versus the previous month. Strength in related edible o

Published 02 Mar, 2019 12:00am

Vegetable Oil

Malaysian palm oil falls

Malaysian palm oil futures recorded a fifth straight day of losses on Thursday, hitting their lowest in two months, as exports weakened and inventories remained high. The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Excha

Published 01 Mar, 2019 12:00am

Vegetable Oil

Palm oil hits lowest levels since year began

Malaysian palm oil futures declined for a fourth day on Wednesday, falling to their weakest levels since the start of the year on expectations of weaker demand, a stronger ringgit currency and weaker related edible oils. Gains in the ringgit, palm's curre

Published 28 Feb, 2019 12:00am

Vegetable Oil

Malaysian palm oil falls 2 percent

Malaysian palm oil futures fell to a one-month low late on Monday, charting a second consecutive session of declines weighed down by expectations of weaker demand and stronger than expected output levels in the coming weeks. Traders also said the market w

Published 26 Feb, 2019 12:00am

Vegetable Oil

Palm oil declines on weaker related oils, output concerns

Malaysian palm oil futures reversed early gains on Friday to close in negative territory, tracking declines in soyaoil on the US Chicago Board of Trade. The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange was down 0

Published 23 Feb, 2019 12:00am

Vegetable Oil

Palm oil recovers from 1-month low

Malaysian palm oil futures recovered from a one-month low on Thursday, tracking strength in US soyaoil and snapping two sessions of declines. The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange closed 0.9 percent hi

Published 22 Feb, 2019 12:00am

Vegetable Oil

Ukraine grain exports rise to 31.3 million tonnes

Ukraine's grain exports have risen to 31.3 million tonnes so far in the 2018/19 season from 25.8 million tonnes at the same point last season, the agriculture ministry said on Wednesday. Ukraine has said it harvested a record 70 million tonnes of grain la

Published 21 Feb, 2019 12:00am

Vegetable Oil

Palm oil falls to one-month low

Malaysian palm oil futures fell to a one-month low on Wednesday with traders expecting a slower than forecast decline in February output. The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange was down 0.7 percent at 2

Published 21 Feb, 2019 12:00am

Vegetable Oil

Palm oil reverses gains to fall 1 percent

Malaysian palm oil futures reversed earlier gains to fall over 1 percent in evening trade on Tuesday, as output declines remained slower than in previous years and stocks in key buying markets stayed high. Palm had earlier gained as much as 1.1 percent, h

Published 20 Feb, 2019 12:00am

Vegetable Oil

China's January soyabean imports fall 13 percent

China's soyabean imports fell 13 percent in January from the same month a year earlier, customs data showed on Thursday, as a hefty duty imposed on shipments from the United States, its second-largesst supplier, curbed purchases China brought in 7.38 mill

Published 19 Feb, 2019 12:00am

Vegetable Oil

Palm oil futures move higher

Malaysian palm oil futures edged higher during Monday trade, charting a second session of gains in three days, bolstered by strength in related edible oils and expected weaker output. The benchmark palm oil contract for May delivery on the Bursa Malaysia

Published 19 Feb, 2019 12:00am

Vegetable Oil

Palm oil declines over one percent

Malaysian palm oil futures fell over 1 percent on Friday, recording a fifth session of declines in six, tracking weakness in soyaoil on the US Chicago Board of Trade (CBOT). The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivati

Published 16 Feb, 2019 12:00am

Vegetable Oil

Palm oil snaps four days of losses

Malaysian palm oil futures jumped more than 1 percent in the second half of trade on Thursday, ending the day higher on expectations of slowing February output in line with seasonal trend and improving exports.

Published 15 Feb, 2019 12:00am

Vegetable Oil

Palm oil lower for fourth day

Malaysian palm oil futures closed lower on Wednesday for a fourth consecutive session on back of weaker US soyaoil, reversing gains notched up earlier in the day. The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchang

Published 14 Feb, 2019 12:00am

Vegetable Oil

Palm oil declines for third straight day

Malaysian palm oil futures slipped on Tuesday, posting a third day of declines amid slowing export demand. The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange fell 0.5 percent to 2,254 ringgit ($552.86) a tonne at

Published 13 Feb, 2019 12:00am

Vegetable Oil

Palm oil declines for third straight day

Malaysian palm oil futures slipped on Tuesday, posting a third day of declines amid slowing export demand. The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange fell 0.5 percent to 2,254 ringgit ($552.86) a tonne at

Published 13 Feb, 2019 12:00am

Vegetable Oil

Malaysian palm falls over 1 percent

Malaysian palm oil futures fell over 1 percent to their lowest in nearly three weeks on Monday as traders turned bearish due to a weaker outlook for exports. The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange fel

Published 12 Feb, 2019 12:00am

Vegetable Oil

Palm oil retreats from seven-month highs

Malaysian palm oil futures fell more than 1 percent on Friday, retreating from the previous session's seven-month high, hindered by a stronger ringgit and losses in US soyaoil on the Chicago Board of Trade.

Published 09 Feb, 2019 12:00am

Vegetable Oil

Malaysian palm oil falls

Malaysian palm oil futures fell on Thursday, after data from a cargo surveyor showed exports grew more slowly than expected in January. The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange dropped 0.2 percent to 2,

Published 01 Feb, 2019 12:00am

Vegetable Oil

Palm oil climbs on expectation of better exports

Malaysian palm oil futures rose on Wednesday, recovering from their largest fall in two weeks in the previous session, as expectations of better export data lifted market sentiment. The benchmark palm oil contract for April delivery on the Bursa Malaysia

Published 31 Jan, 2019 12:00am

Vegetable Oil

Malaysian palm oil retreats

Malaysian palm oil futures fell over 1 percent on Tuesday, retreating from seven-month highs hit the previous session on weakness in Chicago soyaoil. The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange was down 1.

Published 30 Jan, 2019 12:00am

Vegetable Oil

Palm oil makes biggest gains in a week

Malaysian palm oil futures opened at their highest in nearly seven months on Monday, notching up a sixth session of gains in seven, supported by strength in related edible oils. The benchmark palm oil contract for April delivery on the Bursa Malaysia Deri

Published 29 Jan, 2019 12:00am

Vegetable Oil

Vegetable oil prices to rise $50-$100 per tonne by June

Prices of vegetable oils including palm oil are set to rise by $50-$100 per tonne by June, according to a forecast by industry analyst James Fry. "Prices of crude palm oil and other oils depend on the outlook for palm stocks. Stocks will fall till mid-yea

Published 27 Jan, 2019 12:00am

Vegetable Oil

Palm eases from near seven-month peak on stronger ringgit

Malaysian palm oil futures on Friday rose to its highest in nearly seven months before giving up gains as a stronger ringgit weighed on the market.

Published 26 Jan, 2019 12:00am

Vegetable Oil

Palm hits near five-month high on lower production outlook

Malaysian palm oil futures hit their highest in nearly five months on Thursday on expectations of falling production. The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange was up 0.6 percent at 2,297 ringgit ($554.9

Published 25 Jan, 2019 12:00am

Vegetable Oil

Malaysian palm oil hits over four-month high

Malaysian palm oil futures extended gains to a more than four-month high on Tuesday evening, supported by bullish price forecasts at an industry conference over the weekend and strength in US soyaoil. The benchmark palm oil contract for April delivery on

Published 23 Jan, 2019 12:00am

Vegetable Oil

Malaysian palm oil jumps to near three-month top

Malaysian palm oil futures jumped to a near three-month high on Friday, charting a second day of gains, buoyed by strong crude oil prices and technical buying. The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange w

Published 19 Jan, 2019 12:00am

Vegetable Oil

Palm oil climbs to one-week high

Malaysian palm oil futures reversed losses in its second half of trade on Thursday, rising to a one-week peak as sentiment turned bullish on higher price forecasts from an industry conference. The benchmark palm oil contract for April delivery on the Burs

Published 18 Jan, 2019 12:00am

Vegetable Oil

Malaysian palm oil falls

Malaysian palm oil futures edged down on Wednesday, though remained range-bound, tracking weakness in soyaoil overnight on the US Chicago Board of Trade (CBOT) and crude oil prices. The benchmark palm oil contract for April delivery on the Bursa Malaysia

Published 17 Jan, 2019 12:00am

Vegetable Oil

Palm oil rebounds on stronger crude oil

Malaysian palm oil futures rose on Tuesday evening for their biggest daily advance in a week, rebounding from Monday's near two-week low, tracking gains in crude oil prices. Soyaoil's rise on the Chicago Board of Trade (CBOT) also supported prices, a trad

Published 16 Jan, 2019 12:00am

Vegetable Oil

Palm oil in sharpest fall in two weeks

Malaysian palm oil futures declined at their sharpest daily rate in two weeks by the end of trade on Thursday, snapping two sessions of gains, on bearish official data on December inventories, production and exports. The benchmark palm oil contract for Ma

Published 11 Jan, 2019 12:00am

Vegetable Oil

Palm oil hits over two-month high

Malaysian palm oil futures rose to an over two-month high on Wednesday evening, charting a second straight day of gains, as traders forecast declining production in the coming months and improving export data. The benchmark palm oil contract for March del

Published 10 Jan, 2019 12:00am

Vegetable Oil

Palm oil up as output rises more slowly than expected

Malaysian palm oil futures rose nearly 2 percent on Tuesday, hitting their highest in nearly three weeks, as production rose more slowly than expected.

Published 09 Jan, 2019 12:00am

Vegetable Oil

Malaysian palm oil slips

Malaysian palm oil futures fell on Monday, a second drop in four sessions, as traders remained cautious over official data due to be released by the industry regulator this week. The benchmark palm oil contract for March delivery on the Bursa Malaysia Der

Published 08 Jan, 2019 12:00am

Vegetable Oil

Palm oil rebounds on stronger crude oil

Malaysian palm oil futures recouped earlier losses to rise 1 percent on Friday, tracking strength in crude oil prices. Palm had been down at the midday break as concerns over rising inventory levels weighed on the market.

Published 05 Jan, 2019 12:00am

Vegetable Oil

Palm oil falls from 2-week high

Malaysian palm oil futures fell from a two week high in evening trade on Thursday, charting a first session of losses in five, on the back of profit taking activities. The market was earlier up on a weaker ringgit, but a sharp decline in crude oil prices

Published 04 Jan, 2019 12:00am

Vegetable Oil

Malaysian palm oil jumps over 2 percent

Malaysian palm oil futures rose to their highest in nearly two weeks on the first trading day of 2019, after world's largest edible oil importer India announced import tax cuts, amid expectations of a fall in production. The benchmark palm oil contract fo

Published 03 Jan, 2019 12:00am

Vegetable Oil

India cuts tax on palm oil imports; Malaysia to gain most

India has cut import taxes on crude and refined palm oil from Southeast Asian (ASEAN) countries after a request from suppliers, a government notification said. The reduction will lead to higher imports of palm oil by the world's biggest edible oil buyer i

Published 02 Jan, 2019 12:00am

Vegetable Oil

Ukrainian grain sales seen at 23.1 million tonnes so far

The volume of Ukrainian grain already exported and prepared for export has reached 23.1 million tonnes so far in the 2018/2019 season, against 21 million by the same point in the previous season, Ukraine's state service for food safety said on Friday. Ukr

Published 01 Jan, 2019 12:00am

Vegetable Oil

Ukraine's grain exports rise

Ukrainian grain exports have reached 21.7 million tonnes so far in the 2018/2019 season, compared with 19.9 million by the same point in the previous season, the agriculture ministry said on Wednesday. Ukraine has said it harvested a record 70.1 million t

Published 29 Dec, 2018 12:00am

Vegetable Oil

Indonesia's November palm oil output, exports fall

Indonesia's palm oil production and exports in November are expected to fall from the previous month while biodiesel usage continues to support domestic demand, according to the results of a Reuters survey. Palm oil output fell slightly to 3.98 million to

Published 27 Dec, 2018 12:00am

Vegetable Oil

Palm extends falls on rising production

Malaysian palm oil futures closed lower for a third straight session on Monday on bearish sentiment over rising production, and tracking overnight losses in US soyoil and crude oil prices. The benchmark palm oil contract for March delivery on the Bursa Ma

Published 25 Dec, 2018 12:00am

Vegetable Oil

Palm oil drops over one percent on weakness in US soyaoil

Malaysian palm oil futures fell more than 1 percent on Friday, charting a second day of losses, weighed down by weaker overnight soyaoil on the US Chicago Board of Trade (CBOT) and profit booking. The benchmark palm oil contract for March delivery on the

Published 22 Dec, 2018 12:00am

Vegetable Oil

Palm oil edges down

Malaysian palm oil futures dropped from an eight-week high on Thursday, falling as much as 1.4 percent in the second half of trade, weighed down by weaker soyaoil on the US Chicago Board of Trade (CBOT) and profit taking. The benchmark palm oil contract f

Published 21 Dec, 2018 12:00am

Vegetable Oil

Malaysian palm oil hits eight-week high

Malaysian palm oil futures rose more than 2 percent to an eight-week high on Wednesday evening, tracking gains in US soyaoil on the Chicago Board of Trade and palm olein on China's Dalian Commodity Exchange. The benchmark palm oil contract for March deliv

Published 20 Dec, 2018 12:00am

Vegetable Oil

Palm jumps, tracks stronger US soyaoil

Malaysian palm oil futures rose more than 1 percent on Tuesday and hit its highest level in six weeks, tracking gains in US soyaoil in Chicago and supported by prospects for an easing of production. The benchmark palm oil contract for March delivery on th

Published 19 Dec, 2018 12:00am

Vegetable Oil

Palm oil falls over 1 percent

Malaysian palm oil futures fell over 1 percent on Monday before paring some losses, as weakness in overnight soyaoil on the US Chicago Board of Trade (CBOT) and data showing declining exports weighed on sentiment. The benchmark palm oil contract for March

Published 18 Dec, 2018 12:00am

Vegetable Oil

Palm oil prices to rebound next year

Malaysian palm oil futures are expected to rebound next year after an extended slide through 2018 if an El Nino weather pattern predicted by experts reduces production, industry analyst Dorab Mistry said on Wednesday. Japan's national weather bureau said

Published 16 Dec, 2018 12:00am

Vegetable Oil

Palm oil gains as output expected to decline

Malaysian palm oil futures rose more than 1 percent on Friday to a three-week peak, supported by expectations of slowing output in Malaysia and easing stock levels in Indonesia. The benchmark palm oil contract for February delivery on the Bursa Malaysia D

Published 15 Dec, 2018 12:00am

Vegetable Oil

Malaysian palm oil futures rise

Malaysian palm oil futures rose on Thursday, helped by steady crude oil prices and a broad improvement in global market sentiment. The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange was up 0.7 percent at 2,046

Published 14 Dec, 2018 12:00am

Vegetable Oil

Palm oil futures end higher

Malaysian palm oil futures ended higher on Wednesday, buoyed by gains in soyaoil on the US Chicago Board of Trade after President Donald Trump said China was back in the market buying US beans. Trump said on Tuesday that China was buying a "tremendous amo

Published 13 Dec, 2018 12:00am

Vegetable Oil

Malaysian palm oil drops

Malaysian palm oil futures fell more than 1 percent on Tuesday evening, erasing most of the previous session's sharp gains, as falls in crude oil prices and expectations of higher inventories of the vegetable oil in December weighed on the market. The ben

Published 12 Dec, 2018 12:00am

Vegetable Oil

China's November soyabean imports plunge 38 percent

China imported 5.38 million tonnes of soyabeans in November, down 38 percent from a year ago and the lowest monthly number in two years, customs data showed on Saturday, after buyers avoided US soyabeans amid a tariff war with the United States. The world

Published 11 Dec, 2018 12:00am

Vegetable Oil

Palm oil rebounds to one-week high

Malaysian palm oil futures reversed earlier losses to close over 2 percent higher on Monday, as official data showed falling output for the first time in five months. Data from industry regulator the Malaysian Palm Oil Board (MPOB) showed stocks last mont

Published 11 Dec, 2018 12:00am

Vegetable Oil

Malaysian palm oil dips

Malaysian palm oil futures were down at the midday break on Friday, set to chart a second week of losses, weighed down by weakness in related edible oils and crude oil. The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivative

Published 08 Dec, 2018 12:00am

Vegetable Oil

Malaysian palm oil recovers

Malaysian palm oil futures recovered from a one-week low hit earlier on Thursday as traders forecast slowing output amid some short-covering. The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange rose 0.5 percent

Published 07 Dec, 2018 12:00am

Vegetable Oil

World food prices fall to lowest in over two years

World food prices declined in November to their lowest level in more than two years, led by declines in vegetable oils, dairy and cereal, the United Nations food agency said on Thursday. The Food and Agriculture Organization's (FAO) food price index, whic

Published 07 Dec, 2018 12:00am

Vegetable Oil

Palm oil rebounds on correction

Malaysian palm oil futures reversed earlier losses to gain at the end of the trading day, supported by a correction and on strength in crude oil prices. The market had earlier been range trading, and was slightly down at the midday break ahead of a poll a

Published 05 Dec, 2018 12:00am

Vegetable Oil

Malaysian palm oil slips nearly 2 percent

Malaysian palm oil futures fell nearly 2 percent at the close of trade on Monday after reaching a more than one-week peak, hit by concerns over high stockpiles and expectations that Indonesia would remove its palm oil export levy.

Published 04 Dec, 2018 12:00am

Vegetable Oil

Import duty on twenty items: PBC hails Indonesian decision

Pakistan Business Council, a business advocacy body, on Friday said that Indonesia has agreed to abolish import duty on twenty items from Pakistan, due to successful lobbying by the federal government. The PBC noted that hitherto, the duty on these items

Published 01 Dec, 2018 12:00am

Vegetable Oil

Palm oil rises for third straight day

Malaysian palm oil futures closed higher for the third day in a row on Friday evening, supported by gains in related edible oils and ahead of US-China trade talks at the G20 meeting on Saturday. The benchmark palm oil contract for February delivery on the

Published 01 Dec, 2018 12:00am

Vegetable Oil

Palm oil edges higher

Malaysian palm oil futures touched a three-day high on Thursday on expectations that production gains will taper off at the end of the year. The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange was up 0.7 percen

Published 30 Nov, 2018 12:00am

Vegetable Oil

Malaysian palm up from three-year low

Palm oil futures in Malaysia recovered from a more than three-year low on Wednesday, helped by a weaker ringgit but soft demand and high inventory levels kept a lid on prices. Palm touched its lowest since August 2015 on Tuesday, falling 4.4 percent over

Published 29 Nov, 2018 12:00am

Vegetable Oil

Palm oil hits 39-month low

Malaysian palm oil futures fell for a third day on Tuesday as a change in export levies by the world's top exporter Indonesia and weak demand weighed on the market. Palm oil extended Monday's 3.5 percent drop, the sharpest since Feb. 16 last year, after I

Published 28 Nov, 2018 12:00am

Vegetable Oil

Indonesia's October palm oil output falls

Indonesia's palm oil production and exports fell in October from the previous month following the peak of the harvest season, while domestic consumption rose on demand for biodiesel, according to the median results of a Reuters survey. Palm oil output fel

Published 27 Nov, 2018 12:00am

Vegetable Oil

Palm oil prices to rebound next year

Malaysian palm oil futures are expected to rebound next year after an extended slide through 2018 if an El Nino weather pattern predicted by experts reduces production, industry analyst Dorab Mistry said on Wednesday.

Published 18 Nov, 2018 12:00am

Vegetable Oil

Ukraine grain exports rise

Ukrainian grain exports have already exceeded last season's level and reached 16 million tonnes thanks to large corn sales, Ukraine's state service for food safety said on Thursday. Ukraine has said it planned to harvest 64 million tonnes of grain this ye

Published 17 Nov, 2018 12:00am

Vegetable Oil

Malaysian palm oil recovers from three-year low

Malaysian palm oil futures snapped a seven-day losing streak on Thursday to rebound from their lowest level in more than three-years as gains in rival soyaoil sparked off bargain buying. The benchmark palm oil contract for January delivery on the Bursa Ma

Published 16 Nov, 2018 12:00am

Vegetable Oil

Malaysian palm oil falls

Malaysian palm oil futures fell below the 2,000 ringgit level for the first time in three years on Wednesday, weighed down by losses in related edible oils on China's Dalian Commodity Exchange and lower than forecast year-end inventory levels.

Published 15 Nov, 2018 12:00am

Vegetable Oil

Palm falls over 1 percent on high stocks, weaker crude oil

Malaysian palm oil futures fell over 1 percent on Tuesday evening to trade around three-year lows, tracking weakness in crude oil and on existing concerns over high palm stocks. The benchmark palm oil contract for January delivery on the Bursa Malaysia De

Published 14 Nov, 2018 12:00am

Vegetable Oil

Malaysian palm oil pares some losses

Malaysian palm oil futures pared some losses on Monday during the second half of trade, as official data showed lower-than- forecast inventory levels, but still ended lower after falling as much as 1 percent. The benchmark palm oil contract for January de

Published 13 Nov, 2018 12:00am

Vegetable Oil

China's October soyabean imports jump 18 percent

China's soyabean imports jumped by nearly a fifth in October from a year earlier, customs data showed on Thursday, with buyers stocking up on Brazilian beans amid worries over tight supply in the fourth quarter due to the Sino-US trade war.

Published 13 Nov, 2018 12:00am

Vegetable Oil

Palm oil hits lowest in over three years

Malaysian palm oil futures dropped over 2 percent to their lowest in more than three years on Friday, tracking weakness in soyaoil and as concerns of a slowdown in exports weighed. The benchmark palm oil contract for January delivery on the Bursa Malaysia

Published 10 Nov, 2018 12:00am

Vegetable Oil

Palm oil falls over 1 percent, tracking soyaoil declines

Malaysian palm oil futures fell more than 1 percent to a fresh three-year low on Thursday, tracking weaker soyaoil on the US Chicago Board of Trade and on worries that rising production would add to inventories. The benchmark palm oil contract for January

Published 09 Nov, 2018 12:00am

Vegetable Oil

Palm oil trades at three-year low

Malaysian palm oil futures dropped to a three-year low on Wednesday in its fifth day of declines in six, on expectations of rising inventory levels and tracking weakness in related edible oils. The benchmark palm oil contract for January delivery on the B

Published 08 Nov, 2018 12:00am

Vegetable Oil

Activities at Karachi and Qasim Ports

The Karachi Port handled 145,870 tonnes of cargo comprising 99,633 tonnes of import cargo and 46,237 tonnes of export cargo including 9,725 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday. The total import cargos of

Published 08 Nov, 2018 12:00am

Vegetable Oil

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (November 07, 2018).

Published 08 Nov, 2018 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 24	248.38

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 24 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 24 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 24 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 24 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 24 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 24 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 24 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 24 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 24 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00