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Malaysian palm

Palm oil hits record high

Palm oil hits record high

JAKARTA: Malaysian palm oil futures extended gains to a third session on Thursday, as top producer Indonesia imposed...
Published 28 Jan, 2022 04:44am
Palm gains for second day
Markets

Palm gains for second day

JAKARTA: Malaysian palm oil futures booked their second consecutive daily gains on Wednesday, underpinned by...
Published 23 Dec, 2021 04:23am
Palm oil jumps 2pc
Markets

Palm oil jumps 2pc

KUALA LUMPUR: Malaysian palm oil futures climbed 2% on Tuesday, snapping a three-day decline, as stronger rival...
Published 14 Apr, 2021 03:21am
Palm oil slumps 5pc on fears of plunge in January exports
Markets

Palm oil slumps 5pc on fears of plunge in January exports

  • Palm oil's biggest daily drop in eight months was mainly due to apprehensions of Malaysia's exports falling 40% during Jan. 1 to 15 on-month.
  • Both India and China are in resting mode after buying heavily in November and December prior to higher export duties and levies coming in place.
Published 14 Jan, 2021 05:57pm
Palm oil falls over 2pc as export drop stokes demand worries
Markets

Palm oil falls over 2pc as export drop stokes demand worries

  • The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange closed down 95 ringgit to 3,702 ringgit a tonne.
  • Palm marked its second straight day of losses and biggest intraday percentage decline since Nov. 16.
Published 12 Jan, 2021 05:41pm
Palm oil may rise to 3,757 ringgit
Markets

Palm oil may rise to 3,757 ringgit

  • On the daily chart, the contract is poised to test a resistance at 3,698 ringgit, the 86.4% projection level of an upward wave C from 2,691 ringgit.
Published 04 Jan, 2021 10:12am