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Markets » Vegetable Oil

Palm oil steady on European vegoils market
Vegetable Oil

Palm oil steady on European vegoils market

Palm oil on the European vegetable oils market was little changed on Friday due to lack of direction from the Malaysian palm oil futures market, which was closed for a public holiday. Asking prices for palm oil were between unchanged and $2.50 a tonne dow
Published 04 Sep, 2018 12:00am
Palm oil rises on weaker ringgit, improved demand
Vegetable Oil

Palm oil rises on weaker ringgit, improved demand

Malaysian palm oil futures rose on Monday in a second session of gains, supported by a weaker ringgit and better demand prospects. A weakening of palm oil's traded currency usually makes it cheaper for holders of other currencies. The ringgit fell 0.5 per
Published 04 Sep, 2018 12:00am
Palm oil firmer on European vegoils market
Vegetable Oil

Palm oil firmer on European vegoils market

Palm oil on the European vegetable oils market was firmer on Thursday, tracking gains in Malaysian palm oil futures on the back of a weaker ringgit and because of expectations for improved exports during August. Asking prices for palm oil were between $2.
Published 02 Sep, 2018 12:00am
Palm oil rangebound on European vegoils market
Vegetable Oil

Palm oil rangebound on European vegoils market

Palm oil on the European vegetable oils market was offered in a tight range on Wednesday, mostly tracking easier Malaysian palm oil futures. Asking prices for palm oil were between $2.50 a tonne up and $2.50 down from Tuesday after Malaysian palm oil futu
Published 01 Sep, 2018 12:00am
Palm oil moves higher
Vegetable Oil

Palm oil moves higher

Malaysian palm oil futures inched higher on Thursday evening on a weaker ringgit and expectations that export figures due early next week will show monthly gains. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exch
Published 31 Aug, 2018 12:00am
Palm oil futures slip
Vegetable Oil

Palm oil futures slip

Malaysian palm oil futures slipped on Wednesday evening on the back of bearish price and production outlooks, especially in top producer Indonesia. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange was down 0
Published 30 Aug, 2018 12:00am
Palm oil firmer on European vegoils market
Vegetable Oil

Palm oil firmer on European vegoils market

Palm oil on the European vegetable oils market was firmer on Tuesday, underpinned by stronger Malaysian palm oil futures, a bullish price outlook and a weaker dollar. Asking prices for palm oil were between unchanged and $5 a tonne up from Monday as the w
Published 30 Aug, 2018 12:00am
Palm oil little changed on European vegoils market
Vegetable Oil

Palm oil little changed on European vegoils market

Palm oil on the European vegetable oils market was offered in a tight range in slow trade on Monday as weaker Malaysian palm oil futures were offset by technical strength in CBOT soyaoil and due to a weaker dollar. Asking prices for palm oil were between
Published 29 Aug, 2018 12:00am
Malaysian palm oil rises
Vegetable Oil

Malaysian palm oil rises

Malaysian palm oil futures rose more than 1 percent to a one-week high on Tuesday evening, supported by a bullish price outlook by an analyst at an industry conference in Kuala Lumpur. Overnight gains in US soyaoil on the Chicago Board of Trade (CBOT) als
Published 29 Aug, 2018 12:00am
Palm oil hits over one-week low
Vegetable Oil

Palm oil hits over one-week low

Malaysian palm oil futures slipped to a more than one-week low on Monday evening, tracking weakness in related edible oils and as the ringgit strengthened. The ringgit, palm oil's currency of trade, gained 0.2 percent against the dollar to 4.0980, making
Published 28 Aug, 2018 12:00am
Palm oil rises on European vegoils market
Vegetable Oil

Palm oil rises on European vegoils market

Palm oil on the European vegetable oils market edged higher on Friday, supported by a weak dollar and by CBOT soyaoil that strengthened in a technical correction after prices had been dented by a rise production forecasts. Vegetable oil prices were also u
Published 28 Aug, 2018 12:00am
Palm oil eases on European vegoils market
Vegetable Oil

Palm oil eases on European vegoils market

Palm oil on the European vegetable oils market eased further on Thursday as weakness in CBOT soyaoil and forecasts for increasing production weighed on prices. Asking prices for palm oil were between unchanged and $7.50 a tonne down from Wednesday after M
Published 26 Aug, 2018 12:00am
Malaysian palm oil futures up
Vegetable Oil

Malaysian palm oil futures up

Malaysian palm oil futures ended Friday marginally higher, averting a third straight session of declines, supported by a technical correction and strength in US soyaoil prices. The benchmark palm oil contract for November delivery on the Bursa Malaysia De
Published 25 Aug, 2018 12:00am
Palm oil down on European vegoils market
Vegetable Oil

Palm oil down on European vegoils market

Palm oil on the European vegetable oils market edged lower on Wednesday following weakness in CBOT soyaoil futures. Trade was slow because of the absence of Malaysian palm oil futures due to a public holiday. Asking prices for palm oil were between unchan
Published 25 Aug, 2018 12:00am
PBC chief proposes reforms for economic revival
Vegetable Oil

PBC chief proposes reforms for economic revival

Pakistan Business Council (PBC) has suggested accelerating the digitization of Pakistan, especially of the government processes, to ease doing business. In a letter, PBC's CEO Ehsan A Malik congratulated Asad Umar on his appointment as Finance Minister an
Published 25 Aug, 2018 12:00am
Palm oil edges down
Vegetable Oil

Palm oil edges down

Malaysian palm oil futures edged lower on Tuesday evening after three straight sessions of gains, pressured by a stronger ringgit and weaker related edible oils. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Excha
Published 22 Aug, 2018 12:00am