Trends - CBOT soybean oil - Business Recorder

CBOT soybean oil

Soybeans falls for 4th session on US planting prospects, corn flat

Soybean drops on expectations of higher US planting.
Corn flat, wheat down after 2 days of gains.

Published 30 Mar, 2021 07:12pm

Markets

CBOT corn may break support at $5.47-1/2

The reversal signals a continuation of the fall from the March 19 high of $5.59.

Published 24 Mar, 2021 11:45am

Markets

CBOT corn may test resistance at $5.56-1/4

A break below $5.43 could be followed by a drop towards $5.25-1/4.

Published 16 Mar, 2021 11:11am

Markets

Soybeans down 6-9 cents; corn down 3-5 cents; wheat up 0-1 cents

CBOT wheat hovered near even overnight after a 1.5% drop Thursday, pressured by beneficial rains expected across the US Southern Plains.
China is scooping up supplies of US white wheat to feed livestock, pushing export forecasts for the grain usually used to make sponge cakes and noodles to a 27-year-high.

Published 12 Mar, 2021 09:14pm

Markets

CBOT soybeans neutral in $14.04-1/2 to $14.20-1/2 range

Signals on the daily chart are a bit bearish as well, as the contract is zigzagging up in a rising channel, which suggests a further drop into $13.76-3/4 to $13.95 range.

Published 12 Mar, 2021 10:51am

Markets

Palm hits 7-week high tracking soyoil; weak Feb exports weigh

Dalian's most-active soyoil contract rose 3.1%, while its palm oil contract climbed 2.1%. Soyoil prices on the CBOT were up 0.9%.

Published 01 Mar, 2021 12:44pm

Markets

Corn down 5-10 cents, wheat down 7-9, soybeans down 3-5

The US Department of Agriculture reported export sales of US old-crop wheat at 167,800 tonnes, a marketing year low that fell below a range of trade expectations, while new-crop sales totaled 14,800 tonnes.
Corn futures slid to session lows after the USDA's weekly export sales data fell below trade expectations.

Published 25 Feb, 2021 09:00pm

Markets

CBOT soybeans may revisit Feb. 9 high of $14.09-1/2

On the daily chart, there is a similar resistance at $13.97. The sideways move over the past two days could be due to an accumulation of the bullish momentum.

Published 18 Feb, 2021 11:17am

Markets

CBOT corn may hover above $5.23-1/2

On the daily chart, the current fall is presumed to be against the uptrend from $4.14-1/2.

Published 11 Feb, 2021 10:04am

Markets

CBOT wheat may test support at $6.36-1/4

Until the contract gets out of a range of $6.29 to $6.53-1/2, the trending signal may remain mixed.

Published 08 Feb, 2021 01:16pm

Markets

CBOT soybeans may drop to $13.57-3/4

A downwards wave C could be progressing, which is capable of traveling far below $12.98. A break above $13.80-1/2 could lead to a gain to $13.94-3/4.

Published 08 Feb, 2021 10:28am

Markets

CBOT soybeans may retest resistance at $13.83

A break below $13.50-1/2 will not only cause a fall to $13.30-1/2, but also signals an extension of the downtrend from $14.35-3/4.

Published 02 Feb, 2021 12:10pm

Markets

CBOT wheat may test resistance at $6.72-3/4

On the daily chart, wheat is retesting a resistance at $6.68-1/2, the 23.6% retracement of the uptrend from $5.89-3/4 to $6.93.

Published 01 Feb, 2021 10:59am

Markets

CBOT soybeans may revisit Jan. 14 high of $14.35-3/4

This break is regarded as a convincing signal that the downtrend will be completely reversed. A drop to $13.78 could suggest the break was false, and the target has to be temporarily aborted.

Published 27 Jan, 2021 02:55pm

Markets

CBOT wheat may test resistance at $6.76-3/4

A break below $6.66-1/2, now a support, may cause a fall to $6.58-1/2. On the daily chart, the correction from $6.93 ended around $6.29, the 61.8% retracement.

Published 27 Jan, 2021 01:12pm

Markets

CBOT wheat may bounce into $6.38 to $6.40-3/4 range

The contract may bounce towards $6.41-1/4.

Published 25 Jan, 2021 12:46pm

Markets

CBOT soybeans may fall to $13.27-3/4

A retracement analysis on the uptrend from $11.43 to $14.35-3/4 reveals a similar target of $13.23-3/4, the 38.2% level.

Published 22 Jan, 2021 12:35pm

Markets

Soybeans set for first weekly loss in six on LatAm rains

Corn also benefited from export sales, as the USDA reported private sales of 336,500 tonnes of the US corn to unknown destinations for shipment in the 2020/21 season.

Published 22 Jan, 2021 11:47am

Markets

CBOT soybeans to test resistance at $12.69-1/4

8 The contract is riding on a wave 3 that is travelling towards the range of $12.69-1/4 to $12.77-3/4, formed by its 338.2% and 361.8% projection levels.

Published 24 Dec, 2020 10:00am

Markets

CBOT soybeans may test resistance at $12.34

Support is at $12.25-3/4, a break below which could cause a fall to $12.15-3/4.

Published 21 Dec, 2020 09:46am

Markets

Palm snaps three-day rally on weaker soyoil; exports rise

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

Published 15 Dec, 2020 12:01pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 30	277.85
USD PKR Interbank Buying / Oct 30	277.65
USD to Japanese Yen / Oct 30	153.03
USD to Swiss Franc / Oct 30	0.87
Pound Sterling to USD / Oct 30	1.29
Euro to USD / Oct 30	1.08

Stock	Volume
S&P 500 / Oct 30	5,813.67
India Sensex / Oct 30	79,850.58
Tokyo Nikkei / Oct 30	39,116.79
Nasdaq / Oct 30	18,607.93
Hang Seng / Oct 30	20,489.06
FTSE 100 / Oct 30	8,159.63
Dow Jones / Oct 30	42,141.54
Germany DAX 30 / Oct 30	19,257.34

Item	Value
Crude Oil USD/Barrel / Oct 30	68.95
Karachi Cotton PKR/37.32 KG / Oct 30	18,085
Gold 10 Grams PKR / Oct 30	246,403.40
Gold Spot USD/Ounce / Oct 30	2,786.14
Cotton US¢/pound / Oct 30	69.88
Petrol/Litre / Oct 31	247.03

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 31 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 31 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 31 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 31 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 31 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 31 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 31 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 31 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 31 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 31 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 31 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 31 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 31 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 31 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 31 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 31 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 31 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 31 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 31 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 31 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 31 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 31 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 31 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 31 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 31 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 31 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 31 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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CBOT soybean oil

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