Malaysian palm oil futures rose for a third day in strong trading on Tuesday after a jump in crude oil prices overnight and gains in competing vegetable oil markets. A stronger ringgit had little impact. By Tuesday's close, the benchmark November palm oil
Palm and coconut oil prices on the European vegetable oil market were generally lower on Monday, in a market which was quiet due to Malaysian trading being closed for the National Day holiday. Many products were unquoted in Europe for most of the day.
ICE Canadian canola rose on Friday, supported by rising soyaoil prices and buying by crushers and exporters, but finished with a third straight weekly loss. Light technical selling, tied to the November contract trading below the 50-day moving average, li
Most products on the European vegetable oils market rallied on Thursday, tracking sharply higher equities and energy markets as concerns eased about the Chinese economy after a rally in Chinese stocks. "Outside markets pushed prices up, but there was no g
Malaysian palm oil futures ended higher on Friday, posting their first weekly gain after eight consecutive weekly declines, on the back of other commodity markets and a weaker ringgit. The benchmark palm oil contract for November on the Bursa Malaysia Der
Malaysian palm oil futures traded higher on Thursday after six sessions of losses, tracking global equity and commodities markets and as the recent selloff brought down palm prices to an attractive level for buyers. The benchmark palm oil contract for Nov
Malaysian palm oil futures declined for a sixth session on Wednesday, as weakness in external markets sapped appetite for the edible oil while a weak ringgit offered little support. The benchmark palm oil contract for November on the Bursa Malaysia Deriva
European vegetable oil prices slid on Monday, as anxiety over a slowdown in the Chinese economy triggered a sharp sell-off across commodity markets. Asking prices for rapeseed oil were cut by up to 28 euros. The September/October position last traded at 6
Malaysian palm oil futures continued their decline for a fifth straight day to hit their lowest in nearly six-and-a-half years on Tuesday, as traders focused more on weakness in competing markets than data showing stronger exports this month. By Tuesday's
Palm oil on the European vegetable oils market eased further on Friday, reflecting worries over Chinese economic growth and further weakness in soyaoil due to beneficial US Midwest weather. "Palm oil came down with all the other segments of the European c
Malaysian palm oil futures extended earlier losses to fall more than 4 percent on Monday as the tropical oil tracked other global markets lower on concerns about the Chinese economy. At the close, the benchmark palm oil contract for November on the Bursa
Canada is on track to produce less wheat and slightly less canola than traders had estimated after a dry spring and summer curbed production, according to Statistics Canada's first crop output report of the year. Statscan on Friday pegged the all-wheat cr
Rapeoil on the European vegetable oils market fell on Wednesday due to weak demand and ample supply. Rapeoil was offered between three and five euros per tonne down from Tuesday, following the trend in CBOT soyaoil and rapeseed futures, which dipped on th