Trends - benchmark palm oil - Business Recorder

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 / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

Markets →

Budget 2024-25: income tax calculator for FY25

benchmark palm oil

Most Popular