AIRLINK 188.76 Increased By ▲ 1.95 (1.04%)
BOP 13.23 Increased By ▲ 1.06 (8.71%)
CNERGY 7.26 Increased By ▲ 0.15 (2.11%)
FCCL 38.71 Increased By ▲ 1.63 (4.4%)
FFL 14.84 Increased By ▲ 0.15 (1.02%)
FLYNG 25.88 Increased By ▲ 0.29 (1.13%)
HUBC 134.41 Increased By ▲ 2.68 (2.03%)
HUMNL 13.33 Increased By ▲ 0.08 (0.6%)
KEL 4.23 Increased By ▲ 0.02 (0.48%)
KOSM 5.85 Decreased By ▼ -0.12 (-2.01%)
MLCF 46.89 Increased By ▲ 1.24 (2.72%)
OGDC 205.74 Increased By ▲ 6.30 (3.16%)
PACE 6.08 Increased By ▲ 0.04 (0.66%)
PAEL 39.08 Increased By ▲ 1.49 (3.96%)
PIAHCLA 16.85 Decreased By ▼ -0.17 (-1%)
PIBTL 7.84 Increased By ▲ 0.08 (1.03%)
POWER 10.71 Decreased By ▼ -0.05 (-0.46%)
PPL 174.61 Increased By ▲ 4.07 (2.39%)
PRL 33.68 Increased By ▲ 0.77 (2.34%)
PTC 23.08 Decreased By ▼ -0.23 (-0.99%)
SEARL 98.52 Increased By ▲ 2.90 (3.03%)
SILK 1.12 Increased By ▲ 0.05 (4.67%)
SSGC 31.48 Increased By ▲ 1.26 (4.17%)
SYM 17.66 Increased By ▲ 0.18 (1.03%)
TELE 8.06 Increased By ▲ 0.04 (0.5%)
TPLP 12.20 Increased By ▲ 0.47 (4.01%)
TRG 60.30 Decreased By ▼ -1.96 (-3.15%)
WAVESAPP 11.82 Increased By ▲ 0.03 (0.25%)
WTL 1.50 Increased By ▲ 0.03 (2.04%)
YOUW 3.86 Decreased By ▼ -0.01 (-0.26%)
AIRLINK 188.76 Increased By ▲ 1.95 (1.04%)
BOP 13.23 Increased By ▲ 1.06 (8.71%)
CNERGY 7.26 Increased By ▲ 0.15 (2.11%)
FCCL 38.71 Increased By ▲ 1.63 (4.4%)
FFL 14.84 Increased By ▲ 0.15 (1.02%)
FLYNG 25.88 Increased By ▲ 0.29 (1.13%)
HUBC 134.41 Increased By ▲ 2.68 (2.03%)
HUMNL 13.33 Increased By ▲ 0.08 (0.6%)
KEL 4.23 Increased By ▲ 0.02 (0.48%)
KOSM 5.85 Decreased By ▼ -0.12 (-2.01%)
MLCF 46.89 Increased By ▲ 1.24 (2.72%)
OGDC 205.74 Increased By ▲ 6.30 (3.16%)
PACE 6.08 Increased By ▲ 0.04 (0.66%)
PAEL 39.08 Increased By ▲ 1.49 (3.96%)
PIAHCLA 16.85 Decreased By ▼ -0.17 (-1%)
PIBTL 7.84 Increased By ▲ 0.08 (1.03%)
POWER 10.71 Decreased By ▼ -0.05 (-0.46%)
PPL 174.61 Increased By ▲ 4.07 (2.39%)
PRL 33.68 Increased By ▲ 0.77 (2.34%)
PTC 23.08 Decreased By ▼ -0.23 (-0.99%)
SEARL 98.52 Increased By ▲ 2.90 (3.03%)
SILK 1.12 Increased By ▲ 0.05 (4.67%)
SSGC 31.48 Increased By ▲ 1.26 (4.17%)
SYM 17.66 Increased By ▲ 0.18 (1.03%)
TELE 8.06 Increased By ▲ 0.04 (0.5%)
TPLP 12.20 Increased By ▲ 0.47 (4.01%)
TRG 60.30 Decreased By ▼ -1.96 (-3.15%)
WAVESAPP 11.82 Increased By ▲ 0.03 (0.25%)
WTL 1.50 Increased By ▲ 0.03 (2.04%)
YOUW 3.86 Decreased By ▼ -0.01 (-0.26%)
BR100 11,918 Increased By 154.3 (1.31%)
BR30 35,318 Increased By 768.2 (2.22%)
KSE100 113,088 Increased By 1345 (1.2%)
KSE30 35,309 Increased By 502.3 (1.44%)

KUALA LUMPUR: Malaysian palm oil futures ticked up on Tuesday, tracking a rise in Dalian palm and a jump in export shipments over the Nov. 1-15 period.

The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange gained 20 ringgit, or 0.42%, to 4,786 ringgit ($1,149.24) a tonne by the midday break.

Exports of Malaysian palm oil products in the first half of November rose between 10% and 29% month-on-month, according to data from three cargo surveyors on Monday.

The large disparity between the cargo surveyors’ data is unusual and the market would prefer to look at Nov. 1-20 export data, as well as upcoming production data for guidance, said Anilkumar Bagani, research head at Mumbai-based vegetable oils broker Sunvin Group.

India’s palm oil imports in 2020/21 rose 15.2% from a year ago to 8.32 million tonnes, while soyoil imports fell 15% to 2.87 million tonnes, the Solvent Extractors’ Association of India (SEA) said on Tuesday.

Dalian’s most-active soyoil contract fell 0.7%, while its palm oil contract rose 0.2%. Soyoil prices on the Chicago Board of Trade were up 1%.

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

Comments

Comments are closed.