Trends - Palm Oil - Business Recorder

Palm Oil

Palm oil up for second day

KUALA LUMPUR: Malaysian palm oil futures on Thursday rose for a second straight session on the back of strength in...

Published 05 Mar, 2021 05:17am

Markets

Palm oil ends three-day loss

KUALA LUMPUR: Malaysian palm oil futures reversed early losses on Wednesday, snapping a three-day decline tracking...

Published 04 Mar, 2021 04:58am

Opinion

C/A: things have changed since Nov

There has been a state of euphoria about the external balance of payments of the country till recently. This has ...

Published 02 Mar, 2021 05:50am

Pakistan

More wheat production expected during current year: Hammad Ahzar

Hammad Azhar said that previous year sugarcane crop was not good but this year would be better.

Published 02 Mar, 2021 12:18am

Markets

Malaysia’s FGV posts higher Q4 profit, eyes ‘eventful’ year ahead

KUALA LUMPUR: The world’s largest producer of crude palm oil, Malaysia’s FGV Holdings, reported on Friday a rise...

Published 28 Feb, 2021 04:55am

Markets

Palm oil retreats from six-week high

KUALA LUMPUR: Malaysian palm oil futures retreated on Friday from a six-week peak hit in the previous session as...

Published 27 Feb, 2021 04:29am

Markets

Palm oil may test resistance at 3,834 ringgit

SINGAPORE: Palm oil may test a resistance at 3,834 ringgit per tonne, a break above which could lead to a gain to...

Published 27 Feb, 2021 04:29am

Markets

Palm oil ends three-day rally

KUALA LUMPUR: Malaysian palm oil futures ended lower on Wednesday, reversing from early gains and snapping a...

Published 25 Feb, 2021 04:58am

Markets

Palm extends three-day rally on tight supply, stronger rival oils

Soyoil prices on the Chicago Board of Trade were up 0.2%. Dalian's most-active soyoil contract rose 1.8%, while its palm oil contract gained 2.3%.

Published 24 Feb, 2021 02:20pm

Markets

Malaysia's Feb 1-20 palm oil exports up 14.9% mth/mth: ITS

Cargo surveyor Intertek Testing Services said on Monday.

Published 22 Feb, 2021 11:38am

Markets

Palm oil gains over 2pc

SINGAPORE: Malaysian palm oil futures ended more than 2% higher on Wednesday, extending gains into a third session,...

Published 18 Feb, 2021 04:08am

Markets

Palm gains over 2pc on costlier US soyoil, weaker ringgit

The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange rose 99 ringgit, or 2.8%, to 3,634 ringgit ($900.17) a tonne.
CBOT soyoil rose for a third straight session on Wednesday as extremely cold weather in key US growing areas raised worries about global supplies.

Published 17 Feb, 2021 08:44pm

Markets

Palm gains nearly 3% on costlier US soyoil, weaker ringgit

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

Published 17 Feb, 2021 12:47pm

Markets

Palm oil edges higher

SINGAPORE: Malaysian palm oil futures gained for a second straight session on Tuesday as rival soyaoil on the ...

Published 17 Feb, 2021 04:24am

Markets

Palm oil snaps 5-day rally

KUALA LUMPUR: Malaysian palm oil futures fell 2% on Thursday and snapped a five-day rally, tracking US soyaoil, as...

Updated 12 Feb, 2021 11:47pm

Markets

Malaysian palm oil climbs 4pc

KUALA LUMPUR: Malaysian palm oil futures rose as much as 4.6% to hit a near one-month high on Tuesday, boosted by...

Published 10 Feb, 2021 04:12am

Markets

Palm oil gains nearly 2pc

KUALA LUMPUR: Malaysian palm oil futures rose for a third straight day on Monday, buoyed by expectations of weak...

Published 09 Feb, 2021 04:43am

Markets

Palm oil climbs on weak output hopes

KUALA LUMPUR: Malaysian palm oil futures rose nearly 2% on Friday, lifted by stronger rival Dalian oils and industry...

Published 06 Feb, 2021 04:06am

Opinion

Indonesia’s palm oil-powered ‘green diesel’ fuels threat to forests

Indonesia’s ambitious biodiesel programme will increase the risks of deforestation as more tropical forest could ...

Updated 05 Feb, 2021 11:48pm

Markets

Malaysian palm oil snaps 2-day losses

SINGAPORE: Malaysian palm oil futures snapped two sessions of losses to rise nearly 3% on Thursday, as traders...

Updated 05 Feb, 2021 11:47pm

Markets

Palm oil ends nearly 5pc lower

KUALA LUMPUR: Malaysian palm oil futures plunged as much as 5% on Wednesday, tracking deep losses in rivals Dalian...

Published 04 Feb, 2021 04:13am

Markets

Palm oil slumps 2pc

KUALA LUMPUR: Malaysian palm oil futures slumped over 2% on Tuesday as a steep drop in January exports stoked demand...

Published 03 Feb, 2021 04:35am

Markets

Ivory Coast 2020/21 cocoa port arrivals seen at 1.321mn T by Jan. 31

About 23,000 tonnes of beans were delivered to Abidjan port and 27,000 tonnes to San Pedro between January 25 to Jan. 31.

Published 01 Feb, 2021 03:06pm

Markets

CBOT corn may rise into $5.60-1/4 to $5.63-1/4 range

Support is at $5.50-3/4, a break below which could cause a fall into $5.40-1/4 to $5.43-1/4 range. On the daily chart, the contract is rising towards a zone of $5.60 to $5.73-1/4.

Published 01 Feb, 2021 12:06pm

Markets

Malaysian palm oil jumps 3pc

SINGAPORE: Malaysian palm oil rose for a third consecutive session to trade 3% higher on Friday, on...

Published 30 Jan, 2021 03:55am

Markets

Corn set for best week in nearly 7 months on China demand

Hot weather has prompted Argentina, the world's top exporter of soymeal livestock feed, to shave its estimate for its upcoming soy crop to 46 million tonnes, from 46.5 million tonnes earlier.

Published 29 Jan, 2021 11:34am

Markets

CBOT soybeans target of $14.35-3/4 aborted

The contract lost its bullish momentum even below the resistance at $14.03, the 76.4% retracement of the fall from $14.35-3/4.

Published 28 Jan, 2021 11:09am

Markets

Malaysia palm oil jumps over 3pc

SINGAPORE: Malaysian palm oil futures jumped 3.6% on Wednesday, extending the previous session’s gains, as...

Published 28 Jan, 2021 04:40am

Markets

Canadian canola futures jump

WINNIPEG: ICE Canadian canola futures jumped on Tuesday to their highest nearby price in nearly 13 years, driven by...

Published 28 Jan, 2021 04:40am

Markets

Palm oil reverses losses

SINGAPORE/JAKARTA: Malaysian palm oil futures snapped two consecutive sessions of losses to end 0.7% higher on...

Published 27 Jan, 2021 04:59am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 31	278.42
USD PKR Interbank Buying / May 31	278.22
USD to Japanese Yen / May 31	157.31
USD to Swiss Franc / May 31	0.90
Pound Sterling to USD / May 31	1.27
Euro to USD / May 31	1.08

Stock	Volume
S&P 500 / May 31	5277.51
India Sensex / May 31	73961.31
Tokyo Nikkei / May 31	38487.90
Nasdaq / May 31	16735.02
Hang Seng / May 31	18079.61
FTSE 100 / May 31	8275.38
Dow Jones / May 31	38686.32
Germany DAX 30 / May 31	18497.94

Item	Value
Crude Oil USD/Barrel / May 31	76.99
Karachi Cotton PKR/37.32 KG / May 31	19935
Gold 10 Grams PKR / May 31	207219
Gold Spot USD/Ounce / May 31	2327.33
Cotton US¢/pound / May 31	75.11
Petrol/Litre / Jun 1	268.36

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 1 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 1 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 1 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 1 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 1 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 1 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 1 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 1 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 1 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 1 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 1 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 1 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 1 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 1 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 1 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 1 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 1 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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