Trends - palm oil industry - Business Recorder

palm oil industry

Why Malaysia is considering banning palm oil exports to EU

KUALA LUMPUR: Malaysia, the world’s second-largest palm oil producer, on Thursday said it might stop palm exports...

Published 15 Jan, 2023 04:01am

Markets

Palm oil posts weekly decline of nearly 8% as Indonesia boosts exports

JAKARTA: Malaysian palm oil futures posted a second consecutive weekly loss of about 8% on Friday, weighed by rising...

Published 17 Jun, 2022 05:12pm

Markets

Palm hits four-month lows on concerns over higher output, Indonesian exports

KUALA LUMPUR: Malaysian palm oil futures hit their four-month closing lows on Thursday, pulled lower by higher...

Published 16 Jun, 2022 04:22pm

Markets

Palm close at near two-week high on fears of lower end-May stocks

KUALA LUMPUR: Malaysian palm oil futures rose on Tuesday to its highest closing in nearly two-weeks, with concerns...

Published 07 Jun, 2022 04:18pm

Markets

Palm oil ends higher on worries over slower output recovery in Malaysia

KUALA LUMPUR: Malaysian palm oil futures reversed early losses to tick up on Wednesday, as hopes of a recovery in...

Published 01 Jun, 2022 05:00pm

Markets

Palm ends three-day rally as India allows duty-free imports of competing oils

KUALA LUMPUR: Malaysian palm oil futures fell on Wednesday, ending a three-session rally, pressured by demand...

Published 25 May, 2022 05:41pm

Markets

Palm surge over 3% amid uncertainties over Indonesia’s export policies

KUALA LUMPUR: Malaysian palm oil futures jumped on Tuesday to hit a near two-week, lifted by signs of buying from...

Published 24 May, 2022 04:19pm

Markets

Palm jumps 2% as traders seek detail on Indonesian sales rules

KUALA LUMPUR: Malaysian palm oil futures rose on Monday, buoyed by expected weak output in May, while traders...

Published 23 May, 2022 04:35pm

Markets

Palm slips, set to fall further as Indonesia plans to lift export ban

KUALA LUMPUR: Malaysian palm oil futures ended lower on Thursday and is expected to fall further after Indonesia...

Published 19 May, 2022 05:22pm

Markets

Palm inches up on export hopes, but logs second weekly decline

KUALA LUMPUR: Malaysian palm oil futures firmed on Friday ahead of a long weekend, supported by hopes for strong May...

Published 13 May, 2022 05:51pm

Markets

Palm falls over 2% as concerns over China demand weigh

KUALA LUMPUR: Malaysian palm oil futures closed lower on Thursday, as traders awaited clarity on Indonesia’s export...

Published 12 May, 2022 04:55pm

Markets

Palm ends lower after soaring on tougher Indonesia export ban

KUALA LUMPUR: Malaysian palm oil futures fell 1% on Thursday after skyrocketing in the previous session, as...

Published 28 Apr, 2022 04:42pm

Markets

Palm logs weekly loss, Indonesia’s export ban to spur prices next week

KUALA LUMPUR: Malaysian palm oil futures clocked their first weekly fall in three on weak exports and expectations...

Published 22 Apr, 2022 05:50pm

Markets

Palm gives up early gains as weak exports, rising production weigh

KUALA LUMPUR: Malaysian palm futures gave up early gains to close unchanged on Thursday, weighed down by estimates...

Published 21 Apr, 2022 05:12pm

Markets

Palm logs biggest weekly gain in more than 6 months

KUALA LUMPUR: Malaysian palm oil futures closed at a one-month high on Friday, and posted their biggest weekly jump...

Published 15 Apr, 2022 05:01pm

Markets

Palm ends at two-week high as end-March inventories shrink

KUALA LUMPUR: Malaysian palm oil futures closed at a near two-week high on Monday, extending last week’s gains on...

Published 11 Apr, 2022 06:50pm

Markets

Palm logs 3% weekly rise but higher Nov stocks weigh

KUALA LUMPUR: Malaysian palm oil futures ticked up on Friday and logged a weekly gain, as bargain buying lifted the...

Published 10 Dec, 2021 05:06pm

Markets

Palm oil snaps two-day climb tracking soyoil lower, Omicron worries weigh

KUALA LUMPUR: Malaysian palm oil futures slipped after two sessions of gains on Wednesday, after rival soyoil fell...

Published 08 Dec, 2021 04:50pm

Markets

Palm jumps nearly 4% on expectations of tight supply

KUALA LUMPUR: Malaysian palm oil futures rallied for a second consecutive session to hit a two-week closing high on...

Published 07 Dec, 2021 04:49pm

Markets

Palm oil firms, Omicron jitters keep prices near 8-week low

KUALA LUMPUR: Malaysian palm oil futures gained on Wednesday on forecast of weak output, but prices lingered near an...

Published 02 Dec, 2021 03:57am

Markets

Palm oil firms, Omicron jitters keep prices near 8-week low

KUALA LUMPUR: Malaysian palm oil futures gained on Wednesday on forecast of weak output, but prices lingered near an...

Published 01 Dec, 2021 05:04pm

Markets

Palm oil slumps to 8-week low

KUALA LUMPUR: Malaysian palm oil futures plunged to their lowest level in eight weeks on Tuesday despite robust...

Published 01 Dec, 2021 03:52am

Markets

Palm slumps to 8-week low as edible oils slide on Omicron worries

KUALA LUMPUR: Malaysian palm oil futures plunged to their lowest level in eight weeks on Tuesday despite robust...

Published 30 Nov, 2021 05:31pm

Markets

Palm rebounds on weaker ringgit, costlier US soyoil

SINGAPORE: Malaysian palm oil futures rebounded on Wednesday, having been in retreat for three sessions, tracking...

Updated 24 Nov, 2021 05:18pm

Markets

Palm falls on 2022 edible oils output forecast

JAKARTA: Malaysian palm oil futures declined for a third straight session on Tuesday following a forecast for...

Published 23 Nov, 2021 04:47pm

Markets

Palm extends losses on weaker rivals, crude oil

SINGAPORE: Malaysian palm oil futures fell for a second straight session on Monday, tracking weakness in rival oils...

Published 22 Nov, 2021 04:18pm

Markets

Palm posts second weekly gain even after easing on profit taking

JAKARTA: Malaysian palm oil futures traded lower on Friday as investors locked in profits, but posted a second...

Published 19 Nov, 2021 05:30pm

Markets

Palm hits 2-week closing high on firmer rival oils, tight supplies view

KUALA LUMPUR: Malaysian palm oil futures ended at a two-week peak on Thursday as an upbeat outlook for exports and...

Published 18 Nov, 2021 04:10pm

Markets

Palm climbs 2% on weaker ringgit, slowing output

KUALA LUMPUR: Malaysian palm oil futures extended early gains on Wednesday, after the ringgit weakened, and as...

Updated 17 Nov, 2021 05:08pm

Markets

Palm oil firms

KUALA LUMPUR: Malaysian palm oil futures ticked up on Tuesday, tracking a rise in Dalian palm and a jump in export...

Published 17 Nov, 2021 04:22am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 27	278.47
USD PKR Interbank Buying / Dec 27	278.22
USD to Japanese Yen / Dec 27	157.88
USD to Swiss Franc / Dec 27	0.90
Pound Sterling to USD / Dec 27	1.25
Euro to USD / Dec 27	1.04

Stock	Volume
S&P 500 / Dec 26	6,037.59
Nasdaq / Dec 26	20,020.36
Dow Jones / Dec 26	43,325.80
India Sensex / Dec 27	78,791.05
Tokyo Nikkei / Dec 27	40,281.16
Hang Seng / Dec 27	20,096.01
FTSE 100 / Dec 27	8,137.45
Germany DAX 30 / Dec 27	19,830.60

Item	Value
Gold 10 Grams PKR / Dec 26	234,911.70
Crude Oil USD/Barrel / Dec 27	69.54
Karachi Cotton PKR/37.32 KG / Dec 27	17,785
Gold Spot USD/Ounce / Dec 27	2,634.16
Cotton US¢/pound / Dec 27	68.72
Petrol/Litre / Dec 28	252.10

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 27 First Capital Equities Limited(FCEL)	6.10 ▲ 1.00 (19.61%)
Chenab Ltd (Pref) / Dec 27 Chenab Limited (Pref)(CLCPS)	4.50 ▲ 0.60 (15.38%)
Sec. Inv. Bank / Dec 27 Security Investment Bank Limited(SIBL)	7.99 ▲ 1.00 (14.31%)
786 Invest Ltd / Dec 27 786 Investments Limited(786)	8.15 ▲ 1.00 (13.99%)
Chenab Ltd / Dec 27 Chenab Limited(CHBL)	9.61 ▲ 1.00 (11.61%)
Next Capital / Dec 27 Next Capital Limited(NEXT)	10.90 ▲ 1.00 (10.10%)
Image Pakistan / Dec 27 Image Pakistan Limited(IMAGE)	20.31 ▲ 1.85 (10.02%)
Baba Farid Sugar / Dec 27 Baba Farid Sugar Mills Limited(BAFS)	53.08 ▲ 4.83 (10.01%)
Biafo Ind. / Dec 27 Biafo Industries Limited(BIFO)	208.88 ▲ 18.99 (10.00%)

Stock	Price
Burj Clean Energy Modaraba / Dec 27 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.10 ▼ -1.00 (-10.99%)
Blue-Ex Ltd / Dec 27 Blue-Ex Limited (GEM)(GEMBLUEX)	40.15 ▼ -4.46 (-10.00%)
Al-Khair Gadoon / Dec 27 Al-Khair Gadoon Limited(AKGL)	41.71 ▼ -4.63 (-9.99%)
Leiner Pak Gelat / Dec 27 Leiner Pak Gelatine Limited(LPGL)	131 ▼ -14.19 (-9.77%)
Jauharabad Sug / Dec 27 Jauharabad Sugar Mills Limited(JSML)	21 ▼ -2.10 (-9.09%)
Aruj Industries / Dec 27 Aruj Industries Limited(ARUJ)	8.62 ▼ -0.86 (-9.07%)
First Imrooz Mod. / Dec 27 First Imrooz Modaraba(FIMM)	200.20 ▼ -19.80 (-9.00%)
MithchellsFruit / Dec 27 Mitchells Fruit Farms Limited(MFFL)	243 ▼ -23.05 (-8.66%)
Grays Leasing / Dec 27 Grays Leasing Limited(GRYL)	5.71 ▼ -0.48 (-7.75%)

Stock	Volume
Fauji Foods Ltd / Dec 27 Fauji Foods Limited(FFL)	104,369,036 ▲ 0.78
WorldCall Telecom / Dec 27 Worldcall Telecom Limited(WTL)	72,731,608 ▲ 0.00
TRG Pak Ltd / Dec 27 TRG Pakistan Limited(TRG)	46,907,628 ▲ 1.54
Cnergyico PK / Dec 27 Cnergyico PK Limited(CNERGY)	40,110,243 ▲ 0.30
Hascol Petrol / Dec 27 Hascol Petroleum Limited(HASCOL)	34,416,789 ▲ 0.06
B.O.Punjab / Dec 27 The Bank of Punjab(BOP)	30,318,392 ▲ 0.04
Ghani Chem. Ind. / Dec 27 Ghani Chemical Industries Limited(GCIL)	26,183,062 ▲ 0.50
Sui South Gas / Dec 27 Sui Southern Gas Company Limited(SSGC)	25,823,481 ▲ 3.11
Silk Bank Ltd / Dec 27 Silkbank Limited(SILK)	25,520,925 ▼ -0.08

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