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Markets » Vegetable Oil

Malaysian palm oil falls
Commodities

Malaysian palm oil falls

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

Malaysian palm oil gains

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

Palm oil ends higher

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

Palm oil climbs 2pc

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

Palm oil eases on profit-booking ahead of holiday

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

Malaysian palm oil jumps

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

Palm oil jumps over 3pc

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

Malaysian palm oil falls

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

Palm oil falls

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

Malaysian palm oil flat

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

Shipping Intelligence

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

Palm oil drops

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

Shipping Intelligence

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

Shipping Intelligence

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

Shipping Intelligence

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

Shipping Intelligence

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

Shipping Intelligence

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

Malaysian palm oil jumps

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

Shipping Intelligence

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

Palm oil surge 3pc

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

Shipping Intelligence

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

Shipping Intelligence

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

Shipping Intelligence

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

Palm oil falls 2pc

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

Palm oil remains higher

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

Palm oil at 4-week low

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

Palm oil moves higher

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

Palm oil ends higher

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

US refiners' biofuel bills soar in oil market slump

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

Palm oil rises

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

Palm oil marginally up

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

Malaysian palm oil eases

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

Palm oil closes higher on stronger global equities

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

Palm oil reverses early gains as crude oil falls

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

Palm up 1.5pc as crude oil extend gains

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

Palm oil drops 1.4pc

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

Corn stays weak as US weather boosts crop prospects

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

Palm oil bounces back

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

Palm oil bounces back on stronger crude

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

Malaysian palm oil falls

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

Palm oil up on sentiment from overnight soyaoil rally

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

CPI registers 11.37 percent increase in September

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

CPI registers 11.37 percent increase in September

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

Malaysian palm oil recovers recent losses

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

Umer Rehan elected KATI president

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

Palm oil hits over 6-week low

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

Palm oil futures fall over 1 percent

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

Palm oil extends losses

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

Palm oil down tracking related oils

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

Palm oil jumps over four percent

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

EU rapeseed sowings may recover after poor summer harvest

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

Palm oil slips

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

World food prices dip again

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

Palm oil edges up

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

Palm oil slides to two-week low

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

Canada expects canola harvest to be smallest in four years

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

Ukraine's 2019-20 grain exports rise

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

Palm oil rebounds from one-week low

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

Palm oil sees strongest gain in a week

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

Palm oil snaps winning streak

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

Palm oil soars to six-month high

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

Palm oil hits fresh six-month high

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

Palm oil snaps losing streak

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

Palm oil falls nearly two percent

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

Malaysian palm oil edges down

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

Palm oil declines two percent as recession concerns weigh

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

Palm oil extends rally

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

Palm oil climbs to over four-month high

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

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

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

Indonesia threatens tariff hike on EU dairy in trade spat

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

China's July soyabean imports hit nearly 1 year high

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

Palm oil hits fresh 10-week high

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

Palm oil hits fresh 2-month peak

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

Palm oil hits 2-month high

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

Palm oil charts losing session on weaker related oils

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

Malaysian palm oil snaps winning streak

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

Malaysian palm oil rises to seven-week top

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

Malaysian palm oil hits near two-month top

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

Malaysian palm oil climbs

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

Malaysian palm oil rises to one-month high

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

Malaysian palm oil gains

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

Palm oil rises more than 1pc

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

Palm oil falls on weaker demand outlook

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

Malaysian palm oil end slightly lower

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

Malaysian palm oil gains

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

Malaysia to challenge EU palm oil curbs at WTO

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

Malaysian palm oil ends lower

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

Palm oil hits over one-week high

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

Malaysian palm oil recovers

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

Malaysian palm oil springs back

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

Malaysian palm oil declines

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

Palm oil eases

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

Palm oil edges down for second day

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

Malaysian palm oil down

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

Palm oil extends losses to hit seven-month low

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

Malaysian palm oil down

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

Malaysian palm oil benchmark steadies

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

Ukraine's grain exports rise

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

Palm oil drops nearly 2 percent on technical selling

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

Palm oil drops nearly 2 percent on technical selling

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

World food prices climb, cereal output seen rising

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

Palm oil near one-month low

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

Palm oil slides on overnight soyaoil losses

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

Palm oil reverses losses

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

Palm oil hits one-week low

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

Palm oil futures drop on profit-taking

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

Palm oil charts weekly gain on stronger US soyaoil

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

Palm oil declines on weaker soyaoil

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

Palm oil climbs again on weaker ringgit

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

Palm oil reverses losses

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

Palm oil slips to two-week low

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

Palm oil buoyed by softer ringgit

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

Palm oil hits over one-week low

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

Palm oil falls more than 2 percent

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

Palm oil edges up on bullish output forecasts

Malaysian palm oil futures charted a sixth day of gains in seven on Tuesday evening as the market cheered a bullish outlook on March production and inventory levels. Traders expect Malaysian Palm Oil Board on Wednesday to show declines in March end-stocks
Published 10 Apr, 2019 12:00am
Palm oil falls over one percent
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
Palm oil rises to six-week high
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
Palm oil hits two-week high
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
Is our loose milk safe?
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
Palm oil jumps nearly 2 percent
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
Palm oil edges up on stronger exports
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
Palm oil edges lower, down nearly 3 percent on the week
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
Palm falls to one-week low
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
Palm oil falls further
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
SUFI GROUP: Continuous era of success
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
Palm oil extends gains
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
Malaysian palm oil rises
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
Rising stockpiles weigh on Malaysian palm market
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
Palm oil reverses gains, falls for third day
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
Palm oil reverses gains, falls for third day
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
Palm oil falls 1 percent
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
Palm oil rises on bullish market outlook
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
China's rapeseed meal futures jump 4 percent
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
Palm oil jumps three percent
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
Malaysian palm oil falls
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
Palm oil hits lowest levels since year began
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
Malaysian palm oil falls 2 percent
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
Palm oil declines on weaker related oils, output concerns
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
Palm oil recovers from 1-month low
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
Ukraine grain exports rise to 31.3 million tonnes
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
Palm oil falls to one-month low
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
Palm oil reverses gains to fall 1 percent
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
China's January soyabean imports fall 13 percent
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
Palm oil futures move higher
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
Palm oil declines over one percent
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
Palm oil snaps four days of losses
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
Palm oil lower for fourth day
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
Palm oil declines for third straight day
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
Palm oil declines for third straight day
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
Malaysian palm falls over 1 percent
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
Palm oil retreats from seven-month highs
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
Malaysian palm oil falls
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
Palm oil climbs on expectation of better exports
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
Malaysian palm oil retreats
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
Palm oil makes biggest gains in a week
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 prices to rise $50-$100 per tonne by June
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
Palm hits near five-month high on lower production outlook
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
Malaysian palm oil hits over four-month high
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
Malaysian palm oil jumps to near three-month top
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
Palm oil climbs to one-week high
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
Malaysian palm oil falls
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
Palm oil rebounds on stronger crude oil
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
Palm oil in sharpest fall in two weeks
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
Palm oil hits over two-month high
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
Malaysian palm oil slips
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
Palm oil rebounds on stronger crude oil
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
Palm oil falls from 2-week high
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
Malaysian palm oil jumps over 2 percent
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
India cuts tax on palm oil imports; Malaysia to gain most
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
Ukrainian grain sales seen at 23.1 million tonnes so far
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
Ukraine's grain exports rise
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
Indonesia's November palm oil output, exports fall
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
Palm extends falls on rising production
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
Palm oil drops over one percent on weakness in US soyaoil
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
Palm oil edges down
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
Malaysian palm oil hits eight-week high
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
Palm jumps, tracks stronger US soyaoil
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
Palm oil falls over 1 percent
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
Palm oil prices to rebound next year
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
Palm oil gains as output expected to decline
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
Malaysian palm oil futures rise
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
Palm oil futures end higher
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
Malaysian palm oil drops
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
China's November soyabean imports plunge 38 percent
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
Palm oil rebounds to one-week high
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
Malaysian palm oil dips
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
Malaysian palm oil recovers
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
World food prices fall to lowest in over two years
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
Palm oil rebounds on correction
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
Malaysian palm oil slips nearly 2 percent
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
Import duty on twenty items: PBC hails Indonesian decision
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
Palm oil rises for third straight day
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
Palm oil edges higher
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
Malaysian palm up from three-year low
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
Palm oil hits 39-month low
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
Indonesia's October palm oil output falls
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
Palm oil prices to rebound next year
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
Ukraine grain exports rise
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
Malaysian palm oil recovers from three-year low
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
Malaysian palm oil falls
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
Palm falls over 1 percent on high stocks, weaker crude oil
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
Malaysian palm oil pares some losses
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
China's October soyabean imports jump 18 percent
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
Palm oil hits lowest in over three years
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
Palm oil falls over 1 percent, tracking soyaoil declines
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
Palm oil trades at three-year low
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
Activities at Karachi and Qasim Ports
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
Palm oil posts sharpest fall in a month
Vegetable Oil

Palm oil posts sharpest fall in a month

Malaysian palm oil futures fell more than 1 percent on Monday, pressured by expected higher inventories in October and tracking weakness in crude oil prices. Palm oil stocks at the end of October are forecast to rise to their highest in three years at nea
Published 06 Nov, 2018 12:00am
Palm oil rises from three-year low
Vegetable Oil

Palm oil rises from three-year low

Malaysian palm oil futures rose from a three-year low on Friday evening, snapping three days of declines thanks to bullish price outlooks and gains in related edible oils. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivati
Published 03 Nov, 2018 12:00am
Palm oil hits over three-year low
Vegetable Oil

Palm oil hits over three-year low

Malaysian palm oil futures hit their lowest in more than three years on Thursday, edging down at the end of the trading day for a third straight session of losses, tracking weakness in related edible oils. The benchmark palm oil contract for January deliv
Published 02 Nov, 2018 12:00am
Palm oil edges down on slower exports
Vegetable Oil

Palm oil edges down on slower exports

Malaysian palm oil futures edged down on Wednesday evening in a second day of falls, tracking weaker related edible oils and on the back of weaker export data from cargo surveyors. The benchmark palm oil contract for January delivery on the Bursa Malaysia
Published 01 Nov, 2018 12:00am
Palm oil rebound reverses on weak demand prospects
Vegetable Oil

Palm oil rebound reverses on weak demand prospects

Malaysian palm oil futures fell on Tuesday on weak demand and lower US soyabean prices, failing to sustain Monday's 1.8 percent gain, which had broken a run of four consecutive losses. The benchmark palm oil contract for January delivery on the Bursa Mala
Published 31 Oct, 2018 12:00am
Malaysian palm oil gains as much as two percent
Vegetable Oil

Malaysian palm oil gains as much as two percent

Malaysian palm oil futures rose as much as 2 percent on Monday, snapping four previous sessions of declines, on the back of a weaker ringgit and a technical correction. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives
Published 30 Oct, 2018 12:00am
Palm oil marks fourth day of falls
Vegetable Oil

Palm oil marks fourth day of falls

Malaysian palm oil futures tumbled on Friday, marking a fourth straight session of falls and second weekly drop in three, shadowing weakness in crude oil prices. Weaker crude oil prices, headed for a third weekly decline, weighed on the palm oil market. B
Published 27 Oct, 2018 12:00am
Palm oil charts third day of losses
Vegetable Oil

Palm oil charts third day of losses

Malaysian palm oil futures fell over 1 percent on Thursday to their lowest level in two weeks, tracking weakness in related edible oils and on forecasts of rising production. Weaker crude oil prices also weighed on the market. Crude oil prices fell by aro
Published 26 Oct, 2018 12:00am
Sitara Chemicals Industries Limited
Vegetable Oil

Sitara Chemicals Industries Limited

Incorporated in 1981, Sitara Chemical Industries Limited (PSX: SITC) began operations in 1985. Its core business involves producing caustic soda, initially at the rate of 30 tons per day, which has since been enhanced to over 600 tons. Over time, its caus
Published 25 Oct, 2018 12:00am
Sitara Chemicals Industries Limited
Vegetable Oil

Sitara Chemicals Industries Limited

Incorporated in 1981, Sitara Chemical Industries Limited (PSX: SITC) began operations in 1985. Its core business involves producing caustic soda, initially at the rate of 30 tons per day, which has since been enhanced to over 600 tons. Over time, its caus
Published 25 Oct, 2018 12:00am
Palm oil edges lower
Vegetable Oil

Palm oil edges lower

Malaysian palm oil futures hit their highest in three days on Tuesday before falling in the evening on declines in global markets and expectations of rising October production. The benchmark palm oil contract for January delivery on the Bursa Malaysia Der
Published 24 Oct, 2018 12:00am
Malaysian palm oil snaps earlier losses
Vegetable Oil

Malaysian palm oil snaps earlier losses

Malaysian palm oil futures edged up on Monday, snapping two previous sessions of declines, supported by gains in US soyaoil and a weaker ringgit, palm's trading currency. A weaker ringgit tends to support palm oil by making it cheaper for holders of forei
Published 23 Oct, 2018 12:00am
Indonesia's September palm oil output, exports rise
Vegetable Oil

Indonesia's September palm oil output, exports rise

Output of palm oil from Indonesia, the world's top producer of the vegetable oil, rose in September buoyed by peak harvest season, while demand from top buyers boosted exports, according to the median results of a Reuters survey. Palm oil output rose to 4
Published 23 Oct, 2018 12:00am
Palm oil edges down
Vegetable Oil

Palm oil edges down

Malaysian palm oil futures declined on Friday, their second straight day of losses, tracking weaker related edible oils such as US soyaoil on the Chicago Board of Trade and palm olein on China's Dalian Commodity Exchange. The benchmark palm oil contract f
Published 20 Oct, 2018 12:00am
Malaysian palm oil tracks weakness in related oils
Vegetable Oil

Malaysian palm oil tracks weakness in related oils

Malaysian palm oil futures fell on Thursday, snapping two days of gains, as it tracked weaker crude oil prices and a drop in US soyaoil in Chicago. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange closed down
Published 19 Oct, 2018 12:00am
Palm oil hits five-week top
Vegetable Oil

Palm oil hits five-week top

Malaysian palm oil futures notched up a second day of gains on Wednesday, climbing to a five-week high, buoyed by firm soyaoil on the Chicago Board of Trade and expectations of lean production growth in October. The benchmark palm oil contract for January
Published 18 Oct, 2018 12:00am
India's September palm oil, soyoil imports fall
Vegetable Oil

India's September palm oil, soyoil imports fall

India's palm oil imports dropped 1.4 percent to 918,675 tonnes in September from a year earlier as higher duties and a depreciating rupee made imports more expensive, a leading trade body said on Tuesday. Soyoil imports dropped 4.4 percent to 341,402 tonn
Published 18 Oct, 2018 12:00am
Malaysian palm oil falls
Vegetable Oil

Malaysian palm oil falls

Malaysian palm oil futures fell from a one-week high to close lower on Monday, as export data showing weaker shipments. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange was 0.2 percent lower at 2,188 ringgit
Published 16 Oct, 2018 12:00am
Malaysian palm oil jumps
Vegetable Oil

Malaysian palm oil jumps

Malaysian palm oil futures rose 1 percent on Friday evening, its sharpest daily gain in a week, after two sessions of declines, tracking gains in soyaoil on the US Chicago Board of Trade (CBOT). The 1 percent rise in the benchmark palm oil contract for De
Published 13 Oct, 2018 12:00am
Palm oil falls, tracking global sell-off in stocks
Vegetable Oil

Palm oil falls, tracking global sell-off in stocks

Malaysian palm oil futures closed 1 percent lower on Thursday, after touching its lowest level in more than a week, tracking losses in global stocks and commodities markets. European stocks slumped to a more than 18-month low on Thursday after Wall Stree
Published 12 Oct, 2018 12:00am
Malaysian palm oil hits one-week low
Vegetable Oil

Malaysian palm oil hits one-week low

Malaysian palm oil futures fell to a one-week low in the later trading session on Wednesday, as sentiment was dampened by data showing weak October exports and rising September stockpiles. The benchmark palm oil contract for December delivery on the Bursa
Published 11 Oct, 2018 12:00am
Malaysian palm oil edges up
Vegetable Oil

Malaysian palm oil edges up

Malaysian palm oil futures edged up on Tuesday evening on support from stronger overnight gains in soyaoil on the US Chicago Board of Trade. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange was up 0.8 percen
Published 10 Oct, 2018 12:00am
Malaysian palm oil falls
Vegetable Oil

Malaysian palm oil falls

Malaysian palm oil futures fell more than 1 percent on Monday, charting a second straight session of losses as they tracked declines in crude oil and soyaoil prices on the US Chicago Board of Trade. The benchmark palm oil contract for December delivery on
Published 09 Oct, 2018 12:00am
Malaysian palm oil snaps winning streak
Vegetable Oil

Malaysian palm oil snaps winning streak

Malaysian palm oil futures closed lower on Friday, as rising production dented sentiment and ended three sessions of gains. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange closed down 0.4 percent at 2,221 r
Published 06 Oct, 2018 12:00am
Malaysian palm oil charts third day of gains
Vegetable Oil

Malaysian palm oil charts third day of gains

Malaysian palm oil futures rose more than 1 percent on Thursday evening, charting a third straight session of gains, as they tracked overnight strength in US soyaoil and drew support from a weaker ringgit. The benchmark palm oil contract for December deli
Published 05 Oct, 2018 12:00am
Malaysian palm oil mostly sideways
Vegetable Oil

Malaysian palm oil mostly sideways

Malaysian palm oil futures were up slightly on Tuesday as the market traded mostly sideways, looking for new catalysts. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange was up 0.14 percent at 2,160 ringgit (
Published 03 Oct, 2018 12:00am
Malaysian palm oil falls on rising stockpiles
Vegetable Oil

Malaysian palm oil falls on rising stockpiles

Malaysian palm oil futures dropped on Monday as caution over rising stockpiles outweighed positive September export numbers. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange was down 0.8 percent at 2,157 rin
Published 02 Oct, 2018 12:00am
Malaysian palm oil edges up
Vegetable Oil

Malaysian palm oil edges up

Malaysian palm oil futures recovered from earlier losses on Friday evening, edging up to end the trading day higher, as the market rose on a supportive price outlook by an industry analyst. The benchmark palm oil contract for December delivery on the Burs
Published 29 Sep, 2018 12:00am
Malaysian palm falls
Vegetable Oil

Malaysian palm falls

Malaysian palm oil futures fell over 1 percent on Thursday after three consecutive sessions of gains, on expectations of rising inventory levels and technical selling. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives
Published 28 Sep, 2018 12:00am
Malaysian palm oil gains
Vegetable Oil

Malaysian palm oil gains

Malaysian palm oil futures rose for a third consecutive session on Wednesday, but the rally may lose steam due to concerns about rising stockpiles, traders said. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Excha
Published 27 Sep, 2018 12:00am
Palm oil edges up on European vegoils market
Vegetable Oil

Palm oil edges up on European vegoils market

Palm oil on the European vegetable oils market edged higher on Tuesday due to a weak dollar and following gains in Malaysian palm oil futures on the back of stronger energy markets. Asking prices for palm oil were mostly between unchanged and $5 a tonne h
Published 27 Sep, 2018 12:00am
Palm oil firmer on European vegoils market
Vegetable Oil

Palm oil firmer on European vegoils market

Palm oil on the European vegetable oils market was firmer on Monday following gains in Malaysian palm oil futures, as a rally in energy markets triggered bargain buying and short covering after recent losses on the back of an improved output outlook.
Published 26 Sep, 2018 12:00am
Malaysian palm oil jumps over 1 percent
Vegetable Oil

Malaysian palm oil jumps over 1 percent

Malaysian palm oil futures gained more than 1 percent in the second half of trading on Monday, snapping five straight sessions of declines, tracking strength in crude oil and US Chicago Board of Trade (CBOT) soyaoil. The benchmark palm oil contract for De
Published 25 Sep, 2018 12:00am
Palm oil edges lower on European vegoils market
Vegetable Oil

Palm oil edges lower on European vegoils market

Palm oil on the European vegetable oils market edged lower on Thursday on expectations for increasing production and higher ending stocks in October, which pressured Malaysian palm oil futures. Asking prices for palm oil were between unchanged and $5 a to
Published 25 Sep, 2018 12:00am
Palm oil easier on European vegoils market
Vegetable Oil

Palm oil easier on European vegoils market

Palm oil on the European vegetable oils market was lower on Thursday, following the weaker trend in Malaysian palm oil futures, which eased on expectations of increased production and growing palm oil stocks in both Malaysia and Indonesia.
Published 23 Sep, 2018 12:00am
Indonesia halts new palm oil plantation development
Vegetable Oil

Indonesia halts new palm oil plantation development

Indonesia's president has signed a moratorium on all new palm oil plantation development, an official said Thursday, in a move hailed by environmentalists. The moratorium effectively halts any new land being made available for plantations in the world's t
Published 21 Sep, 2018 12:00am
Malaysian palm oil hits three-year low
Vegetable Oil

Malaysian palm oil hits three-year low

Malaysian palm oil futures fell to a three-year low on Thursday, weighed down by expectations of rising production and end-stocks in producer nations Indonesia and Malaysia. The benchmark palm oil contract for December delivery on the Bursa Malaysia Deriv
Published 21 Sep, 2018 12:00am
Palm oil falls to two-month low
Vegetable Oil

Palm oil falls to two-month low

Malaysian palm oil futures hit their lowest in nearly two months on Wednesday, tracking declines in related edible oils and as traders expect higher stockpiles in producer nations. The benchmark palm oil contract for December delivery on the Bursa Malaysi
Published 20 Sep, 2018 12:00am
Malaysian palm oil slides over 2 percent
Vegetable Oil

Malaysian palm oil slides over 2 percent

Malaysian palm oil futures fell more than 2 percent on Tuesday evening to a one-month low on expectations of rising production. Futures were also under pressure due to the Chinese-US trade dispute and weakness in related edible oils, traders said. The ben
Published 19 Sep, 2018 12:00am
Palm oil eases on European vegoils market
Vegetable Oil

Palm oil eases on European vegoils market

Palm oil on the European vegetable oils market eased on Friday, tracking lower Malaysian palm oil futures, which fell on the back of concerns about increasing stocks for Malaysian palm oil. Asking prices for palm oil were mostly between $2.50 and $5 a ton
Published 18 Sep, 2018 12:00am
Palm oil falls to two-week low
Vegetable Oil

Palm oil falls to two-week low

Malaysian palm oil futures fell to a two week low on Friday over concerns of rising stocks, a stronger ringgit and weaker related edible oils. A stronger ringgit usually makes palm oil more expensive for holders of foreign currencies. The ringgit, palm's
Published 15 Sep, 2018 12:00am
Palm oil snaps losing streak on technical correction
Vegetable Oil

Palm oil snaps losing streak on technical correction

Malaysian palm oil futures edged higher on Thursday evening to snap four sessions of declines on a technical correction and support from a strong demand outlook. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Excha
Published 14 Sep, 2018 12:00am
Malaysian palm oil futures dip
Vegetable Oil

Malaysian palm oil futures dip

Malaysian palm oil futures fell more than 1 percent in its fourth straight session of losses on Wednesday evening, tracking weakness in soyaoil and bearish data for August released by the Malaysian Palm Oil Board (MPOB). Palm oil stockpiles in August rose
Published 13 Sep, 2018 12:00am
Palm oil edges lower on European vegoils market
Vegetable Oil

Palm oil edges lower on European vegoils market

Palm oil on the European vegetable oils market edged lower in thin trade on Monday in the absence of direction from the Malaysian palm oil futures market, which is closed on Monday and Tuesday because of public holidays. Asking prices for palm oil were mo
Published 13 Sep, 2018 12:00am
Palm oil lower on European vegoils market
Vegetable Oil

Palm oil lower on European vegoils market

Palm oil on the European vegetable oils market was mostly lower on Friday following Malaysian palm oil futures which eased on forecasts for higher production figures and higher closing stocks in August. Asking prices for palm oil were between $2.50 a tonn
Published 11 Sep, 2018 12:00am
Palm oil eases on European vegoils market
Vegetable Oil

Palm oil eases on European vegoils market

Palm oil on the European vegetable oils market was lower on Thursday, tracking Malaysian palm oil futures that eased on an expected rise in output and ending stocks in August. A dip in energy markets, which could dent demand for vegetable oils by biodiese
Published 09 Sep, 2018 12:00am
Palm oil declines for third day
Vegetable Oil

Palm oil declines for third day

Malaysian palm oil futures charted a third consecutive session of losses on Friday evening, tracking weaker edible oils and on expectation that production will rise in the coming weeks, traders said. The benchmark palm oil contract for November delivery o
Published 08 Sep, 2018 12:00am
World food prices stable in August
Vegetable Oil

World food prices stable in August

World food prices were largely stable in August from the month before, with a rise in wheat prices offset by declines in sugar, vegetable oils and dairy indices, the United Nations food agency said on Thursday.
Published 07 Sep, 2018 12:00am
Palm oil slides
Vegetable Oil

Palm oil slides

Malaysian palm oil futures fell for a second straight session on Thursday in its sharpest daily decline in a week on bearish production and inventory forecasts for August, while weakness in related edible oils also weighed. Palm oil end-stocks in August a
Published 07 Sep, 2018 12:00am
Palm oil rises on European vegoils market
Vegetable Oil

Palm oil rises on European vegoils market

Palm oil on the European vegetable oils market was stronger on Tuesday, tracking gains in Malaysian palm oil futures on the back of a weaker ringgit, which could boost Malaysian palm oil exports. Asking prices for palm oil were between $2.50 and $10 a ton
Published 06 Sep, 2018 12:00am
Malaysian palm oil jumps to two-month top
Vegetable Oil

Malaysian palm oil jumps to two-month top

Malaysian palm oil futures rose to a two-month high on Tuesday evening, charting a third straight session of gains, as the Malaysian ringgit and the Indonesian rupiah weakened and related edible oils moved higher. A weaker ringgit, palm oil's traded curre
Published 05 Sep, 2018 12:00am
Palm oil little changed on European vegoils market
Vegetable Oil

Palm oil little changed on European vegoils market

Palm oil was offered in a tight range on the European vegetable oils market on Monday as slightly firmer Malaysian palm oil futures were offset by a stronger dollar and weaker ringgit. Asking prices for palm oil were mostly between unchanged and $2.50 a t
Published 05 Sep, 2018 12:00am
Palm oil rises on weaker ringgit, improved demand
Vegetable Oil

Palm oil rises on weaker ringgit, improved demand

Malaysian palm oil futures rose on Monday in a second session of gains, supported by a weaker ringgit and better demand prospects. A weakening of palm oil's traded currency usually makes it cheaper for holders of other currencies. The ringgit fell 0.5 per
Published 04 Sep, 2018 12:00am
Palm oil steady on European vegoils market
Vegetable Oil

Palm oil steady on European vegoils market

Palm oil on the European vegetable oils market was little changed on Friday due to lack of direction from the Malaysian palm oil futures market, which was closed for a public holiday. Asking prices for palm oil were between unchanged and $2.50 a tonne dow
Published 04 Sep, 2018 12:00am
Palm oil firmer on European vegoils market
Vegetable Oil

Palm oil firmer on European vegoils market

Palm oil on the European vegetable oils market was firmer on Thursday, tracking gains in Malaysian palm oil futures on the back of a weaker ringgit and because of expectations for improved exports during August. Asking prices for palm oil were between $2.
Published 02 Sep, 2018 12:00am
Palm oil rangebound on European vegoils market
Vegetable Oil

Palm oil rangebound on European vegoils market

Palm oil on the European vegetable oils market was offered in a tight range on Wednesday, mostly tracking easier Malaysian palm oil futures. Asking prices for palm oil were between $2.50 a tonne up and $2.50 down from Tuesday after Malaysian palm oil futu
Published 01 Sep, 2018 12:00am
Palm oil moves higher
Vegetable Oil

Palm oil moves higher

Malaysian palm oil futures inched higher on Thursday evening on a weaker ringgit and expectations that export figures due early next week will show monthly gains. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exch
Published 31 Aug, 2018 12:00am
Palm oil futures slip
Vegetable Oil

Palm oil futures slip

Malaysian palm oil futures slipped on Wednesday evening on the back of bearish price and production outlooks, especially in top producer Indonesia. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange was down 0
Published 30 Aug, 2018 12:00am
Palm oil firmer on European vegoils market
Vegetable Oil

Palm oil firmer on European vegoils market

Palm oil on the European vegetable oils market was firmer on Tuesday, underpinned by stronger Malaysian palm oil futures, a bullish price outlook and a weaker dollar. Asking prices for palm oil were between unchanged and $5 a tonne up from Monday as the w
Published 30 Aug, 2018 12:00am
Palm oil little changed on European vegoils market
Vegetable Oil

Palm oil little changed on European vegoils market

Palm oil on the European vegetable oils market was offered in a tight range in slow trade on Monday as weaker Malaysian palm oil futures were offset by technical strength in CBOT soyaoil and due to a weaker dollar. Asking prices for palm oil were between
Published 29 Aug, 2018 12:00am
Malaysian palm oil rises
Vegetable Oil

Malaysian palm oil rises

Malaysian palm oil futures rose more than 1 percent to a one-week high on Tuesday evening, supported by a bullish price outlook by an analyst at an industry conference in Kuala Lumpur. Overnight gains in US soyaoil on the Chicago Board of Trade (CBOT) als
Published 29 Aug, 2018 12:00am
Palm oil hits over one-week low
Vegetable Oil

Palm oil hits over one-week low

Malaysian palm oil futures slipped to a more than one-week low on Monday evening, tracking weakness in related edible oils and as the ringgit strengthened. The ringgit, palm oil's currency of trade, gained 0.2 percent against the dollar to 4.0980, making
Published 28 Aug, 2018 12:00am
Palm oil rises on European vegoils market
Vegetable Oil

Palm oil rises on European vegoils market

Palm oil on the European vegetable oils market edged higher on Friday, supported by a weak dollar and by CBOT soyaoil that strengthened in a technical correction after prices had been dented by a rise production forecasts. Vegetable oil prices were also u
Published 28 Aug, 2018 12:00am
Palm oil eases on European vegoils market
Vegetable Oil

Palm oil eases on European vegoils market

Palm oil on the European vegetable oils market eased further on Thursday as weakness in CBOT soyaoil and forecasts for increasing production weighed on prices. Asking prices for palm oil were between unchanged and $7.50 a tonne down from Wednesday after M
Published 26 Aug, 2018 12:00am
Malaysian palm oil futures up
Vegetable Oil

Malaysian palm oil futures up

Malaysian palm oil futures ended Friday marginally higher, averting a third straight session of declines, supported by a technical correction and strength in US soyaoil prices. The benchmark palm oil contract for November delivery on the Bursa Malaysia De
Published 25 Aug, 2018 12:00am
Palm oil down on European vegoils market
Vegetable Oil

Palm oil down on European vegoils market

Palm oil on the European vegetable oils market edged lower on Wednesday following weakness in CBOT soyaoil futures. Trade was slow because of the absence of Malaysian palm oil futures due to a public holiday. Asking prices for palm oil were between unchan
Published 25 Aug, 2018 12:00am
PBC chief proposes reforms for economic revival
Vegetable Oil

PBC chief proposes reforms for economic revival

Pakistan Business Council (PBC) has suggested accelerating the digitization of Pakistan, especially of the government processes, to ease doing business. In a letter, PBC's CEO Ehsan A Malik congratulated Asad Umar on his appointment as Finance Minister an
Published 25 Aug, 2018 12:00am
Palm oil edges down
Vegetable Oil

Palm oil edges down

Malaysian palm oil futures edged lower on Tuesday evening after three straight sessions of gains, pressured by a stronger ringgit and weaker related edible oils. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Excha
Published 22 Aug, 2018 12:00am
India's palm oil imports to hit six-year low
Vegetable Oil

India's palm oil imports to hit six-year low

India's palm oil imports are likely to fall 15 percent in 2017/18 from the year before to their lowest in six years, hit by a hike in import taxes, a weaker rupee and tighter credit for would-be buyers, a senior industry official told Reuters.
Published 21 Aug, 2018 12:00am
Palm oil firmer on European vegoils market
Vegetable Oil

Palm oil firmer on European vegoils market

Palm oil on the European vegetable oils market firmed on Friday, tracking stronger Malaysian palm oil futures which found support from overnight gains in CBOT soyaoil futures. Asking prices for palm oil were mostly between $2.50 and $5 a tonne higher afte
Published 21 Aug, 2018 12:00am
Palm oil charts third session of gains
Vegetable Oil

Palm oil charts third session of gains

Malaysian palm oil futures rose for a third straight session on Monday, touching a one-week high on support from US soyaoil although a stronger ringgit weighed on the market. The benchmark palm oil contract for November delivery on the Bursa Malaysia Deri
Published 21 Aug, 2018 12:00am
Palm oil edges higher on European vegoils market
Vegetable Oil

Palm oil edges higher on European vegoils market

Palm oil on the European vegetable oils market edged higher on Thursday, tracking gains in Malaysian palm oil futures, which benefited from short covering, and CBOT soyaoil futures. Asking prices for palm oil were mostly between unchanged and $2.50 a tonn
Published 19 Aug, 2018 12:00am
Palm oil jumps to one-week peak
Vegetable Oil

Palm oil jumps to one-week peak

Malaysian palm oil futures rose by more than 1 percent on Friday, tracking strength in related edible oils on the US Chicago Board of Trade and China's Dalian Commodity Exchange. The benchmark palm oil contract for November delivery on the Bursa Malaysia
Published 18 Aug, 2018 12:00am
Palm oil down on European vegoils market
Vegetable Oil

Palm oil down on European vegoils market

Palm oil on the European vegetable oils market eased on Wednesday following a dip in Malaysian palm oil futures on the back of weak Malaysian exports and due to lower CBOT soyaoil futures. Asking prices for palm oil were between $7.50 and $15 a tonne lowe
Published 18 Aug, 2018 12:00am
Eid special Qeema delicacies
Vegetable Oil

Eid special Qeema delicacies

Eid feast is incomplete without minced meat. Meat in mince form can be used to make variety of dishes. On the occasion of Eid, women prepare several dishes with mined meat or qeema and treat their family members, relatives, and friends. According to a res
Published 18 Aug, 2018 12:00am
Palm oil edges up on European vegoils market
Vegetable Oil

Palm oil edges up on European vegoils market

Palm oil on the European vegetable oils market edged up on Tuesday, tracking slightly firmer Malaysian palm oil futures, which were supported by a weaker ringgit and bargain buying. Asking prices for palm oil were between unchanged and $2.50 a tonne highe
Published 17 Aug, 2018 12:00am
Short covering lifts palm oil
Vegetable Oil

Short covering lifts palm oil

Malaysian palm oil futures reversed early losses to end higher on Thursday due to short covering, though traders said market sentiment was still bearish on trade and currency concerns. The benchmark palm oil contract for November delivery on the Bursa Mal
Published 17 Aug, 2018 12:00am
Palm oil dips
Vegetable Oil

Palm oil dips

Malaysian palm oil futures edged lower in first-half trade on Wednesday, tracking losses in US soyaoil and on weak export demand. Also, weighing on sentiment was weakness in the Indian rupee, which has made imports expensive for local buyers in the South
Published 16 Aug, 2018 12:00am
Palm oil rebounds
Vegetable Oil

Palm oil rebounds

Malaysian palm oil futures rebounded from losses earlier in the day to chart a first day of gains in four sessions, lifted by a weaker ringgit and some short covering, traders said. The benchmark palm oil contract for October delivery on the Bursa Malaysi
Published 15 Aug, 2018 12:00am
Palm oil registers sharpest drop in a month
Vegetable Oil

Palm oil registers sharpest drop in a month

Malaysian palm oil futures registered its sharpest daily decline in a month on Monday evening, falling for a third straight day on weakness in soyaoil on the Chicago Board of Trade. The benchmark palm oil contract for October delivery on the Bursa Malaysi
Published 14 Aug, 2018 12:00am
Palm oil down on European vegoils market
Vegetable Oil

Palm oil down on European vegoils market

Palm oil on the European vegetable oils market edged lower on Thursday following the weaker trend in Malaysian palm oil futures on the back of weaker overnight CBOT soyaoil futures and due to profit taking following recent gains.
Published 12 Aug, 2018 12:00am
Palm oil firmer on European vegoils market
Vegetable Oil

Palm oil firmer on European vegoils market

Palm oil on the European vegetable oils market remained firm on Wednesday, tracking higher Malaysian palm oil futures on the back of expectations that by September Malaysia's crude palm oil export duty could be cut to zero.
Published 11 Aug, 2018 12:00am
Palm oil declines
Vegetable Oil

Palm oil declines

Malaysian palm oil futures were down on Friday evening after official data release showed a rise in production, though losses were capped as the gain in stockpiles was below market expectations. Industry regulator the Malaysian Palm Oil Board (MPOB) repor
Published 11 Aug, 2018 12:00am
Malaysian palm oil snaps winning streak
Vegetable Oil

Malaysian palm oil snaps winning streak

Malaysian palm oil futures ended down on Thursday, snapping a four-session winning streak, on losses overnight in soyaoil on the Chicago Board of Trade (CBOT) and as traders turned cautious ahead of a slew of data releases. Official July data for Malaysia
Published 10 Aug, 2018 12:00am
Palm oil firmer on European vegoils market
Vegetable Oil

Palm oil firmer on European vegoils market

Palm oil on the European vegetable oils market firmed on Tuesday, tracking stronger Malaysian palm oil futures on the back of a weaker ringgit and strength in CBOT soyaoil futures because of lower than expected weekly crop ratings for US soyabeans.
Published 09 Aug, 2018 12:00am
Palm oil jumps 1 percent
Vegetable Oil

Palm oil jumps 1 percent

Malaysian palm oil futures rose 1 percent by close of trade on Wednesday, reversing losses from earlier in the day to chart a fourth straight day of gains on expectations that Malaysia's crude palm oil export duty for September could be a zero rate. The b
Published 09 Aug, 2018 12:00am