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Markets » Vegetable Oil

Palm oil retreats from seven-month highs
Vegetable Oil

Palm oil retreats from seven-month highs

Malaysian palm oil futures fell more than 1 percent on Friday, retreating from the previous session's seven-month high, hindered by a stronger ringgit and losses in US soyaoil on the Chicago Board of Trade.
Published 09 Feb, 2019 12:00am
Malaysian palm oil falls
Vegetable Oil

Malaysian palm oil falls

Malaysian palm oil futures fell on Thursday, after data from a cargo surveyor showed exports grew more slowly than expected in January. The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange dropped 0.2 percent to 2,
Published 01 Feb, 2019 12:00am
Palm oil climbs on expectation of better exports
Vegetable Oil

Palm oil climbs on expectation of better exports

Malaysian palm oil futures rose on Wednesday, recovering from their largest fall in two weeks in the previous session, as expectations of better export data lifted market sentiment. The benchmark palm oil contract for April delivery on the Bursa Malaysia
Published 31 Jan, 2019 12:00am
Malaysian palm oil retreats
Vegetable Oil

Malaysian palm oil retreats

Malaysian palm oil futures fell over 1 percent on Tuesday, retreating from seven-month highs hit the previous session on weakness in Chicago soyaoil. The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange was down 1.
Published 30 Jan, 2019 12:00am
Palm oil makes biggest gains in a week
Vegetable Oil

Palm oil makes biggest gains in a week

Malaysian palm oil futures opened at their highest in nearly seven months on Monday, notching up a sixth session of gains in seven, supported by strength in related edible oils. The benchmark palm oil contract for April delivery on the Bursa Malaysia Deri
Published 29 Jan, 2019 12:00am
Vegetable oil prices to rise $50-$100 per tonne by June
Vegetable Oil

Vegetable oil prices to rise $50-$100 per tonne by June

Prices of vegetable oils including palm oil are set to rise by $50-$100 per tonne by June, according to a forecast by industry analyst James Fry. "Prices of crude palm oil and other oils depend on the outlook for palm stocks. Stocks will fall till mid-yea
Published 27 Jan, 2019 12:00am
Palm hits near five-month high on lower production outlook
Vegetable Oil

Palm hits near five-month high on lower production outlook

Malaysian palm oil futures hit their highest in nearly five months on Thursday on expectations of falling production. The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange was up 0.6 percent at 2,297 ringgit ($554.9
Published 25 Jan, 2019 12:00am
Malaysian palm oil hits over four-month high
Vegetable Oil

Malaysian palm oil hits over four-month high

Malaysian palm oil futures extended gains to a more than four-month high on Tuesday evening, supported by bullish price forecasts at an industry conference over the weekend and strength in US soyaoil. The benchmark palm oil contract for April delivery on
Published 23 Jan, 2019 12:00am
Malaysian palm oil jumps to near three-month top
Vegetable Oil

Malaysian palm oil jumps to near three-month top

Malaysian palm oil futures jumped to a near three-month high on Friday, charting a second day of gains, buoyed by strong crude oil prices and technical buying. The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange w
Published 19 Jan, 2019 12:00am
Palm oil climbs to one-week high
Vegetable Oil

Palm oil climbs to one-week high

Malaysian palm oil futures reversed losses in its second half of trade on Thursday, rising to a one-week peak as sentiment turned bullish on higher price forecasts from an industry conference. The benchmark palm oil contract for April delivery on the Burs
Published 18 Jan, 2019 12:00am
Malaysian palm oil falls
Vegetable Oil

Malaysian palm oil falls

Malaysian palm oil futures edged down on Wednesday, though remained range-bound, tracking weakness in soyaoil overnight on the US Chicago Board of Trade (CBOT) and crude oil prices. The benchmark palm oil contract for April delivery on the Bursa Malaysia
Published 17 Jan, 2019 12:00am
Palm oil rebounds on stronger crude oil
Vegetable Oil

Palm oil rebounds on stronger crude oil

Malaysian palm oil futures rose on Tuesday evening for their biggest daily advance in a week, rebounding from Monday's near two-week low, tracking gains in crude oil prices. Soyaoil's rise on the Chicago Board of Trade (CBOT) also supported prices, a trad
Published 16 Jan, 2019 12:00am
Palm oil in sharpest fall in two weeks
Vegetable Oil

Palm oil in sharpest fall in two weeks

Malaysian palm oil futures declined at their sharpest daily rate in two weeks by the end of trade on Thursday, snapping two sessions of gains, on bearish official data on December inventories, production and exports. The benchmark palm oil contract for Ma
Published 11 Jan, 2019 12:00am
Palm oil hits over two-month high
Vegetable Oil

Palm oil hits over two-month high

Malaysian palm oil futures rose to an over two-month high on Wednesday evening, charting a second straight day of gains, as traders forecast declining production in the coming months and improving export data. The benchmark palm oil contract for March del
Published 10 Jan, 2019 12:00am
Malaysian palm oil slips
Vegetable Oil

Malaysian palm oil slips

Malaysian palm oil futures fell on Monday, a second drop in four sessions, as traders remained cautious over official data due to be released by the industry regulator this week. The benchmark palm oil contract for March delivery on the Bursa Malaysia Der
Published 08 Jan, 2019 12:00am
Palm oil rebounds on stronger crude oil
Vegetable Oil

Palm oil rebounds on stronger crude oil

Malaysian palm oil futures recouped earlier losses to rise 1 percent on Friday, tracking strength in crude oil prices. Palm had been down at the midday break as concerns over rising inventory levels weighed on the market.
Published 05 Jan, 2019 12:00am
Palm oil falls from 2-week high
Currency

Palm oil falls from 2-week high

Malaysian palm oil futures fell from a two week high in evening trade on Thursday, charting a first session of losses in five, on the back of profit taking activities. The market was earlier up on a weaker ringgit, but a sharp decline in crude oil prices
Published 04 Jan, 2019 12:00am
Malaysian palm oil jumps over 2 percent
Vegetable Oil

Malaysian palm oil jumps over 2 percent

Malaysian palm oil futures rose to their highest in nearly two weeks on the first trading day of 2019, after world's largest edible oil importer India announced import tax cuts, amid expectations of a fall in production. The benchmark palm oil contract fo
Published 03 Jan, 2019 12:00am
India cuts tax on palm oil imports; Malaysia to gain most
Vegetable Oil

India cuts tax on palm oil imports; Malaysia to gain most

India has cut import taxes on crude and refined palm oil from Southeast Asian (ASEAN) countries after a request from suppliers, a government notification said. The reduction will lead to higher imports of palm oil by the world's biggest edible oil buyer i
Published 02 Jan, 2019 12:00am
Ukrainian grain sales seen at 23.1 million tonnes so far
Vegetable Oil

Ukrainian grain sales seen at 23.1 million tonnes so far

The volume of Ukrainian grain already exported and prepared for export has reached 23.1 million tonnes so far in the 2018/2019 season, against 21 million by the same point in the previous season, Ukraine's state service for food safety said on Friday. Ukr
Published 01 Jan, 2019 12:00am
Ukraine's grain exports rise
Vegetable Oil

Ukraine's grain exports rise

Ukrainian grain exports have reached 21.7 million tonnes so far in the 2018/2019 season, compared with 19.9 million by the same point in the previous season, the agriculture ministry said on Wednesday. Ukraine has said it harvested a record 70.1 million t
Published 29 Dec, 2018 12:00am
Indonesia's November palm oil output, exports fall
Vegetable Oil

Indonesia's November palm oil output, exports fall

Indonesia's palm oil production and exports in November are expected to fall from the previous month while biodiesel usage continues to support domestic demand, according to the results of a Reuters survey. Palm oil output fell slightly to 3.98 million to
Published 27 Dec, 2018 12:00am
Palm extends falls on rising production
Vegetable Oil

Palm extends falls on rising production

Malaysian palm oil futures closed lower for a third straight session on Monday on bearish sentiment over rising production, and tracking overnight losses in US soyoil and crude oil prices. The benchmark palm oil contract for March delivery on the Bursa Ma
Published 25 Dec, 2018 12:00am
Palm oil drops over one percent on weakness in US soyaoil
Vegetable Oil

Palm oil drops over one percent on weakness in US soyaoil

Malaysian palm oil futures fell more than 1 percent on Friday, charting a second day of losses, weighed down by weaker overnight soyaoil on the US Chicago Board of Trade (CBOT) and profit booking. The benchmark palm oil contract for March delivery on the
Published 22 Dec, 2018 12:00am
Palm oil edges down
Vegetable Oil

Palm oil edges down

Malaysian palm oil futures dropped from an eight-week high on Thursday, falling as much as 1.4 percent in the second half of trade, weighed down by weaker soyaoil on the US Chicago Board of Trade (CBOT) and profit taking. The benchmark palm oil contract f
Published 21 Dec, 2018 12:00am
Malaysian palm oil hits eight-week high
Vegetable Oil

Malaysian palm oil hits eight-week high

Malaysian palm oil futures rose more than 2 percent to an eight-week high on Wednesday evening, tracking gains in US soyaoil on the Chicago Board of Trade and palm olein on China's Dalian Commodity Exchange. The benchmark palm oil contract for March deliv
Published 20 Dec, 2018 12:00am
Palm jumps, tracks stronger US soyaoil
Vegetable Oil

Palm jumps, tracks stronger US soyaoil

Malaysian palm oil futures rose more than 1 percent on Tuesday and hit its highest level in six weeks, tracking gains in US soyaoil in Chicago and supported by prospects for an easing of production. The benchmark palm oil contract for March delivery on th
Published 19 Dec, 2018 12:00am
Palm oil falls over 1 percent
Vegetable Oil

Palm oil falls over 1 percent

Malaysian palm oil futures fell over 1 percent on Monday before paring some losses, as weakness in overnight soyaoil on the US Chicago Board of Trade (CBOT) and data showing declining exports weighed on sentiment. The benchmark palm oil contract for March
Published 18 Dec, 2018 12:00am