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Jun 12, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Palm Oil

China regulator says crude oil, palm oil options to start trading in June

China regulator says crude oil, palm oil options to start trading in June

  • Crude oil options will begin trading on June 21, and palm oil options on June 18, the Securities Regulatory Commission (CSRC) said.
  • The Chinese contracts open to foreign participation include crude oil, TSR 20 rubber, low-sulphur fuel oil, iron ore and purified terephthalic acid.
Published 28 May, 2021 06:15pm
Palm oil falls 2.7pc on weaker rivals, production outlook
Markets

Palm oil falls 2.7pc on weaker rivals, production outlook

  • The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange fell 2.7% to close at 3,917 ringgit ($946.59). It erased some of the 3.4% gain posted on Tuesday.
  • The Bursa Malaysia was closed on Wednesday for the Vesak Day holiday.
Updated 27 May, 2021 06:26pm
Palm oil snaps four-day losing streak, jumps 3.47pc
Markets

Palm oil snaps four-day losing streak, jumps 3.47pc

  • The benchmark palm oil contract for August delivery climbed 3.47% to close at 4,025 ringgit ($972.22).
  • CBOT soyoil prices rose 1.43% on Tuesday, while prices for Dalian's soyoil and palm oil contract advanced 1.42% and 1.43%, respectively.
Updated 25 May, 2021 05:09pm
Palm oil falls over 2pc
Markets

Palm oil falls over 2pc

SINGAPORE: Malaysian palm oil futures fell for a fourth consecutive session on Monday, as they tracked losses in...
Published 25 May, 2021 04:40am
Palm oil futures slump
Markets

Palm oil futures slump

KUALA LUMPUR: Malaysian palm oil futures slumped more than 4% to a two-week low on Thursday as rival soyaoil fell,...
Published 21 May, 2021 05:04am
Palm oil slips 3.5pc
Markets

Palm oil slips 3.5pc

KUALA LUMPUR: Malaysian palm oil futures dropped 3.5% on Wednesday after the second-largest producer raised its...
Published 20 May, 2021 04:26am
India's April palm oil imports surge 82pc y/y, trade body says
Markets

India's April palm oil imports surge 82pc y/y, trade body says

  • The country imported 701,795 tonnes of palm oil last month, while soyoil imports fell by 21% to 144,020 tonnes, the Solvent Extractors' Association of India (SEA) said in a statement.
  • Sunflower oil imports dropped 18% to 184,097 tonnes in April after prices more than doubled in a year, it added.
Published 12 May, 2021 05:45pm
Malaysian palm oil falls
Markets

Malaysian palm oil falls

KUALA LUMPUR: Malaysian palm oil futures declined more than 1% on Monday, after palm posted its best week in two...
Published 11 May, 2021 04:39am
Palm oil jumps 5pc
Markets

Palm oil jumps 5pc

SINGAPORE: Malaysian palm oil futures jumped 5% on Friday, climbing to their highest level since 2008 and recording...
Published 08 May, 2021 03:30am
Palm closes little changed, concerns over coronavirus weigh
Markets

Palm closes little changed, concerns over coronavirus weigh

  • The benchmark palm oil contract on the Bursa Malaysia Derivatives Exchange last traded down 2 ringgit, or 0.05%, to 4,040 ringgit ($981.77) a tonne.
  • Top importer India on Wednesday reported 382,315 new coronavirus cases, health ministry data showed.
Updated 05 May, 2021 05:34pm
Palm oil down
Markets

Palm oil down

KUALA LUMPUR: Malaysian palm oil futures ended lower on Tuesday after a volatile day of trade, trimming some of the...
Published 05 May, 2021 04:01am
Palm ends lower on higher Indonesian output forecast for 2021
Markets

Palm ends lower on higher Indonesian output forecast for 2021

  • The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange ended down 19 ringgit, or 0.47%, at 4,042 ringgit ($981.07) a tonne, after rising 5% on Monday.
  • Indonesia's crude palm oil output is estimated at 48.4 million tonnes while crude palm kernel oil (CPKO) is expected to be at 7.29 million tonnes this year, IOPRI said.
Published 04 May, 2021 04:55pm
Palm oil down for second day
Markets

Palm oil down for second day

JAKARTA: Malaysian palm oil futures fell for a second straight session on Friday, logging in a total loss of 4.8%,...
Published 01 May, 2021 03:28am