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benchmark palm oil

Malaysian palm oil rises

KUALA LUMPUR: Malaysian palm oil futures rose on Friday and were on course for a third straight annual gain, with...

Published 02 Jan, 2022 05:05am

Markets

Palm oil ends lower on weaker rivals

KUALA LUMPUR: Malaysian palm oil futures ended lower on Monday, dragged by weakening rival oils, but prices were...

Published 14 Dec, 2021 06:40am

Markets

Palm ends over 2pc higher

KUALA LUMPUR: Malaysian palm oil futures closed more than 2% higher on Monday, paring losses from the previous...

Published 07 Dec, 2021 06:29am

Markets

Palm tracks gains in rivals to rise for second day

SINGAPORE: Malaysian palm oil futures extended gains for a second day on Thursday, as the ringgit weakened and they...

Published 26 Nov, 2021 05:15am

Markets

Palm snaps two-day climb

KUALA LUMPUR: Malaysian palm oil futures eased on Tuesday, ending two straight sessions of gains on slow export...

Published 25 Aug, 2021 04:43am

Markets

Palm oil ticks up on soyoil strength, low inventory forecast

March end-stocks seen only 1.3% higher.
April crude palm oil prices seen at 3,500-4,000 rgt/t. -analyst
End-2021 stocks likely to fall for third year – MPOC.

Published 05 Apr, 2021 05:44pm

Markets

Palm oil supply and demand prospects halt two-week price decline

The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange slipped by 2 ringgit, or 0.05%, to 3,739 ringgit ($903.58) a tonne after rising as much as 1% earlier in the day. For the week, it was up 1.3%.
"Overall, the market is anticipating April exports to be a tad better versus March. With tight end-stocks and better than expected exports, prices are expected to remain firmer," he added.

Published 02 Apr, 2021 07:10pm

Markets

Palm drops to five-week low on weak rival oils, sluggish demand

The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange dropped 4.6% to 3,574 ringgit ($861.41) a tonne at closing time, the lowest closing level since Feb. 22.
Palm oil tracked rival soyoil down as soy was pressured by an upbeat planting outlook in the U.S, a palm oil trader in Kuala Lumpur said.

Published 30 Mar, 2021 05:59pm

Markets

Palm edges up on technicals, lower-than-expected production data

Palm reverses to end Monday higher.
Technical rebound after heavy selldown week prior – trader.
Lower-than-expected production data also lent support – broker.

Published 29 Mar, 2021 06:11pm

Markets

Palm oil falls more than 1pc on cheaper crude oil, soyoil

Breather for palm oil after weeks of volatile moves -analyst
Market sluggish after analysts say bullish factors priced in

Published 25 Mar, 2021 05:32pm

Markets

Palm oil jumps 3pc as March export data improves

Palm oil ends two days of sharp losses.
March 1-20 exports gain between 5% and 7% -cargo surveyors.
Surge in India's COVID-19 cases raise demand concerns –broker.

Updated 22 Mar, 2021 06:29pm

Markets

Palm posts longest winning streak since 2002, gains for 11th day

Production expected to rise in Indonesia, Malaysia – trader.
Malaysia keeps April export duty at 8%, raises reference price.
Rally in agricultural prices seen temporary – economist.

Published 17 Mar, 2021 05:27pm

Markets

Palm oil gains for third day on expectations of weak January supply

The contract fell 3.3% last week.

Published 08 Feb, 2021 11:12am

Markets

Malaysia palm reverses gains to catch up with cheaper rivals

Meanwhile, Indonesia set crude palm oil reference prices higher for February, increasing both export tax and levies.

Published 29 Jan, 2021 11:00am

Markets

Palm oil snaps 5-day losing streak on fears of lower output

Palm ends five-day decline.
Contract logs lowest closing since Dec. 3.
Demand low, supply tight –broker.

Published 18 Jan, 2021 06:02pm

Markets

Palm oil climbs for fourth week on hopes of December supply squeeze

Palm logs 6% weekly rise, up for fourth straight week.
Market awaiting fresh data for catalyst -analyst.

Published 08 Jan, 2021 05:49pm

Markets

Palm oil climbs 3pc, holds near 10-year high as soyoil surges on supply worries

Palm extends rally for sixth day.
Low inventory, floods to support Jan palm prices –analyst.
High palm prices may hurt export demand.

Published 06 Jan, 2021 04:50pm

Markets

Palm oil holds near 10-year high on tight supply outlook, stronger Dalian

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

Published 06 Jan, 2021 12:55pm

Markets

Palm oil eases from near 10-month highs tracking weaker Dalian oils

The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange slid 31 ringgit, or 0.83%, to 3,693 ringgit ($921.41) a tonne during early trade.

Published 05 Jan, 2021 09:54am

Markets

Palm tracks soyoil fall ahead of talks to end Argentine labour strike

The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange fell 12 ringgit, or 0.34%, to 3,530 ringgit ($871.60) a tonne during early trade.

Published 29 Dec, 2020 09:19am

Markets

Palm snaps three-session winning streak as Dalian oils fall

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

Published 28 Dec, 2020 11:44am

Markets

Palm edges up, tracking rival oils as Argentine exports slow

The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange rose 34 ringgit, or 1%, to 3,569 ringgit ($879.28) a tonne.
CBOT soyoil climbed 1.3%, while soy and palm oils on the Dalian Commodity Exchange rose 3.5% and 5.2%, respectively.

Published 24 Dec, 2020 05:59pm

Markets

Palm oil rises for third day; Malaysian export tax eyed

The market expects output in December to remain squeezed as rainy weather brought on by La Nina is expected to persist until the first quarter of next year.

Published 14 Dec, 2020 10:29am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 30	278.97
USD PKR Interbank Buying / Jan 30	278.77
USD to Japanese Yen / Jan 30	154.56
USD to Swiss Franc / Jan 30	0.91
Pound Sterling to USD / Jan 30	1.24
Euro to USD / Jan 30	1.04

Stock	Volume
S&P 500 / Jan 29	6,039.31
Nasdaq / Jan 29	19,632.32
Hang Seng / Jan 29	20,225.11
FTSE 100 / Jan 29	8,557.81
Dow Jones / Jan 29	44,713.52
Germany DAX 30 / Jan 29	21,637.53
France CAC40 / Jan 29	7,872.48
India Sensex / Jan 30	76,776.38

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 29	18,285
Gold 10 Grams PKR / Jan 29	247,513
Petrol/Litre / Jan 30	256.13
Crude Oil USD/Barrel / Jan 30	72.66
Gold Spot USD/Ounce / Jan 30	2,759.76
Diesel/Litre / Jan 30	260.95

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 30 Chenab Limited(CHBL)	9.08 ▲ 1 (12.38%)
Beco Steel Ltd / Jan 30 Beco Steel Limited(BECO)	8.75 ▲ 0.83 (10.48%)
Redco Textile / Jan 30 Redco Textiles Limited(REDCO)	21.97 ▲ 2 (10.02%)
MithchellsFruit / Jan 30 Mitchells Fruit Farms Limited(MFFL)	274.36 ▲ 24.94 (10%)
Supernet Ltd. / Jan 30 Supernet Limited (GEM)(GEMSPNL)	21.78 ▲ 1.98 (10%)
Leather Up Ltd. / Jan 30 Leather Up Limited(LEUL)	48.85 ▲ 4.44 (10%)
Loads Limited / Jan 30 Loads Limited(LOADS)	18.92 ▲ 1.72 (10%)
J.K.Spinning / Jan 30 J.K. Spinning Mills Limited(JKSM)	63.80 ▲ 5.8 (10%)
Sanghar Sugar / Jan 30 Sanghar Sugar Mills Limited(SANSM)	33.76 ▲ 3.07 (10%)

Stock	Price
Tariq Corp.Pref. / Jan 30 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.91 ▼ -0.97 (-12.31%)
Premier Sugar / Jan 30 The Premier Sugar Mills(PMRS)	359.58 ▼ -39.95 (-10%)
National Silk / Jan 30 The National Silk & Rayon Mills Limited(NSRM)	45.35 ▼ -5.04 (-10%)
Pak Gen.Ins. / Jan 30 The Pakistan General Insurance Co. Ltd.(PKGI)	7.65 ▼ -0.84 (-9.89%)
Bela Auto / Jan 30 Bela Automotives Limited(BELA)	153.01 ▼ -16.59 (-9.78%)
Trust Sec.& Brok. / Jan 30 Trust Securities & Brokerage Limited(TSBL)	13.52 ▼ -1.22 (-8.28%)
First Fid. Leasing / Jan 30 First Fidelity Leasing Modaraba(FFLM)	2.11 ▼ -0.19 (-8.26%)
Gulshan Sp. / Jan 30 Gulshan Spinning Mills Limited(GSPM)	3.72 ▼ -0.31 (-7.69%)
Tandlianwala Sugar / Jan 30 Tandlianwala Sugar Mills Limited(TSML)	66 ▼ -4.99 (-7.03%)

Stock	Volume
Cnergyico PK / Jan 30 Cnergyico PK Limited(CNERGY)	31,197,761 ▲ 0.06
K-Electric Ltd. / Jan 30 K-Electric Limited(KEL)	29,670,310 ▼ -0.01
Citi Pharma Ltd / Jan 30 Citi Pharma Ltd.(CPHL)	25,413,292 ▲ 0.83
Dewan Motors / Jan 30 Dewan Farooque Motors Limited(DFML)	24,726,221 ▼ -1.96
WorldCall Telecom / Jan 30 Worldcall Telecom Limited(WTL)	20,794,723 ▲ 0.01
Bank Makramah / Jan 30 Bank Makramah Limited(BML)	20,592,162 ▲ 0.3
Sui South Gas / Jan 30 Sui Southern Gas Company Limited(SSGC)	15,998,837 ▲ 0.66
Fauji Cement / Jan 30 Fauji Cement Company Limited(FCCL)	13,308,955 ▼ -0.1
Fauji Foods Ltd / Jan 30 Fauji Foods Limited(FFL)	12,818,739 ▲ 0.02

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