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Markets » Vegetable Oil

Malaysian palm oil snaps winning streak
Vegetable Oil

Malaysian palm oil snaps winning streak

Malaysian palm oil futures ended down on Thursday, snapping a four-session winning streak, on losses overnight in soyaoil on the Chicago Board of Trade (CBOT) and as traders turned cautious ahead of a slew of data releases. Official July data for Malaysia
Published 10 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 firmed on Tuesday, tracking stronger Malaysian palm oil futures on the back of a weaker ringgit and strength in CBOT soyaoil futures because of lower than expected weekly crop ratings for US soyabeans.
Published 09 Aug, 2018 12:00am
Palm oil jumps 1 percent
Vegetable Oil

Palm oil jumps 1 percent

Malaysian palm oil futures rose 1 percent by close of trade on Wednesday, reversing losses from earlier in the day to chart a fourth straight day of gains on expectations that Malaysia's crude palm oil export duty for September could be a zero rate. The b
Published 09 Aug, 2018 12:00am
Palm oil jumps
Vegetable Oil

Palm oil jumps

Malaysian palm oil futures jumped by more than 1 percent to its highest in nearly a month on Tuesday, extending gains into a third session on strength in related edible oils and earlier weakness in the ringgit. The ringgit had hit its weakest since Dec. 2
Published 08 Aug, 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 Monday as a strong dollar offset gains in Malaysian palm oil futures. Asking prices for palm oil were mostly between $2.50 a tonne up and $2.50 down from Friday after Malaysian
Published 08 Aug, 2018 12:00am
Palm oil gains for second straight day
Vegetable Oil

Palm oil gains for second straight day

Malaysian palm oil futures edged up on Monday evening, having risen nearly 1 percent earlier in the day, tracking strength in related edible oils and charting a second straight session of gains. The benchmark palm oil contract for October delivery on the
Published 07 Aug, 2018 12:00am
Palm oil easier on European vegoils market
Vegetable Oil

Palm oil easier on European vegoils market

Palm oil on the European vegetable oils market continued to ease on Friday on the back of a weak ringgit and because of ongoing worries over the escalating trade dispute between the US and China. Asking prices for palm oil were between unchanged and $7.50
Published 07 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 on Thursday on a dip in rival soyaoil as CBOT futures dropped on concerns over an escalating trade fight between the US and China. Asking prices for palm oil were between unchanged and $5 a tonne lower,
Published 05 Aug, 2018 12:00am
Palm oil moves higher
Vegetable Oil

Palm oil moves higher

Malaysian palm oil futures were rangebound on Friday, as weakness in related edible oils and US-China trade friction concerns dented sentiment, but prices edged higher at the end of the trading day. The benchmark palm oil contract for October delivery on
Published 04 Aug, 2018 12:00am
Palm oil prices rise on European vegoils market
Vegetable Oil

Palm oil prices rise on European vegoils market

Palm oil prices on the European vegetable oils market were slightly higher on nearby positions on Tuesday, boosted partly by gains in Chicago soyabean oil futures. Sellers raised asking prices for crude palm oil for August and September shipment by up to
Published 03 Aug, 2018 12:00am
Palm oil falls from three-week top
Vegetable Oil

Palm oil falls from three-week top

Malaysian palm oil futures fell on Thursday evening, snapping three previous days of gains, tracking losses in soyaoil and on the back of trade war concerns. The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange w
Published 03 Aug, 2018 12:00am
Malaysian palm oil jumps to two-week peak
Cotton

Malaysian palm oil jumps to two-week peak

Malaysian palm oil futures rose over 1 percent on Wednesday evening, a third straight day of gains, on the back of technical buying and as the market turned bullish on forecasts that the world's top palm importer India is likely to receive below-normal mo
Published 02 Aug, 2018 12:00am
Palm oil mixed on European vegoils market
Vegetable Oil

Palm oil mixed on European vegoils market

Palm oil on the European vegetable oils market remained offered in a tight range on Monday due to a lack of fresh market moving news. Asking prices for palm oil were between $2.50 a tonne up and $2.50 down after Malaysian palm oil futures closed between s
Published 01 Aug, 2018 12:00am
Palm oil edges up
Currency

Palm oil edges up

Malaysian palm oil futures edged up slightly on Tuesday, recovering from a one-week low hit earlier in the day, supported by gains in US soyaoil and a weaker ringgit. The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives E
Published 01 Aug, 2018 12:00am