Vegetable Oil - Markets - Business Recorder

Vegetable Oil

Malaysian palm oil charts third day of gains

Malaysian palm oil futures rose more than 1 percent on Thursday evening, charting a third straight session of gains, as they tracked overnight strength in US soyaoil and drew support from a weaker ringgit. The benchmark palm oil contract for December deli

Published 05 Oct, 2018 12:00am

Vegetable Oil

Malaysian palm oil mostly sideways

Malaysian palm oil futures were up slightly on Tuesday as the market traded mostly sideways, looking for new catalysts. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange was up 0.14 percent at 2,160 ringgit (

Published 03 Oct, 2018 12:00am

Vegetable Oil

Malaysian palm oil falls on rising stockpiles

Malaysian palm oil futures dropped on Monday as caution over rising stockpiles outweighed positive September export numbers. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange was down 0.8 percent at 2,157 rin

Published 02 Oct, 2018 12:00am

Vegetable Oil

Taiwan signs deal to buy $1.56 billion in Iowa, Minnesota soyabeans

Taiwanese trade officials and business leaders signed a letter of intent on Thursday to purchase as much as 3.9 million metric tons of soyabeans from farmers in Minnesota and Iowa over the next two years, Minnesota Governor Mark Dayton said in a statement

Published 30 Sep, 2018 12:00am

Vegetable Oil

Malaysian palm oil edges up

Malaysian palm oil futures recovered from earlier losses on Friday evening, edging up to end the trading day higher, as the market rose on a supportive price outlook by an industry analyst. The benchmark palm oil contract for December delivery on the Burs

Published 29 Sep, 2018 12:00am

Vegetable Oil

Malaysian palm falls

Malaysian palm oil futures fell over 1 percent on Thursday after three consecutive sessions of gains, on expectations of rising inventory levels and technical selling. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives

Published 28 Sep, 2018 12:00am

Vegetable Oil

Malaysian palm oil gains

Malaysian palm oil futures rose for a third consecutive session on Wednesday, but the rally may lose steam due to concerns about rising stockpiles, traders said. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Excha

Published 27 Sep, 2018 12:00am

Vegetable Oil

Palm oil edges up on European vegoils market

Palm oil on the European vegetable oils market edged higher on Tuesday due to a weak dollar and following gains in Malaysian palm oil futures on the back of stronger energy markets. Asking prices for palm oil were mostly between unchanged and $5 a tonne h

Published 27 Sep, 2018 12:00am

Vegetable Oil

Palm oil firmer on European vegoils market

Palm oil on the European vegetable oils market was firmer on Monday following gains in Malaysian palm oil futures, as a rally in energy markets triggered bargain buying and short covering after recent losses on the back of an improved output outlook.

Published 26 Sep, 2018 12:00am

Vegetable Oil

Malaysian palm oil jumps over 1 percent

Malaysian palm oil futures gained more than 1 percent in the second half of trading on Monday, snapping five straight sessions of declines, tracking strength in crude oil and US Chicago Board of Trade (CBOT) soyaoil. The benchmark palm oil contract for De

Published 25 Sep, 2018 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

The following were Monday's Rotterdam vegetable oil prices at 1600 GMT:

Published 25 Sep, 2018 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

The following were Monday's Rotterdam vegetable oil prices at 1600 GMT:

Published 25 Sep, 2018 12:00am

Vegetable Oil

Palm oil edges lower on European vegoils market

Palm oil on the European vegetable oils market edged lower on Thursday on expectations for increasing production and higher ending stocks in October, which pressured Malaysian palm oil futures. Asking prices for palm oil were between unchanged and $5 a to

Published 25 Sep, 2018 12:00am

Vegetable Oil

Palm oil easier on European vegoils market

Palm oil on the European vegetable oils market was lower on Thursday, following the weaker trend in Malaysian palm oil futures, which eased on expectations of increased production and growing palm oil stocks in both Malaysia and Indonesia.

Published 23 Sep, 2018 12:00am

Vegetable Oil

Malaysian palm oil hits three-year low

Malaysian palm oil futures fell to a three-year low on Thursday, weighed down by expectations of rising production and end-stocks in producer nations Indonesia and Malaysia. The benchmark palm oil contract for December delivery on the Bursa Malaysia Deriv

Published 21 Sep, 2018 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

The following were Thursday's Rotterdam vegetable oil prices at 1600 GMT:

Published 21 Sep, 2018 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

The following were Thursday's Rotterdam vegetable oil prices at 1600 GMT:

Published 21 Sep, 2018 12:00am

Vegetable Oil

Indonesia halts new palm oil plantation development

Indonesia's president has signed a moratorium on all new palm oil plantation development, an official said Thursday, in a move hailed by environmentalists. The moratorium effectively halts any new land being made available for plantations in the world's t

Published 21 Sep, 2018 12:00am

Vegetable Oil

Palm oil falls to two-month low

Malaysian palm oil futures hit their lowest in nearly two months on Wednesday, tracking declines in related edible oils and as traders expect higher stockpiles in producer nations. The benchmark palm oil contract for December delivery on the Bursa Malaysi

Published 20 Sep, 2018 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

The following were Wednesday's Rotterdam vegetable oil prices at 1600 GMT

Published 20 Sep, 2018 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

The following were Wednesday's Rotterdam vegetable oil prices at 1600 GMT

Published 20 Sep, 2018 12:00am

Vegetable Oil

Malaysian palm oil slides over 2 percent

Malaysian palm oil futures fell more than 2 percent on Tuesday evening to a one-month low on expectations of rising production. Futures were also under pressure due to the Chinese-US trade dispute and weakness in related edible oils, traders said. The ben