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Markets » Vegetable Oil

Palm oil jumps 2pc
Vegetable Oil

Palm oil jumps 2pc

Malaysian palm oil futures jumped more than 2 percent to a one-week high on Wednesday evening, as the ringgit weakened and related edible oils recovered. The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange was u
Published 19 Jul, 2018 12:00am
Malaysian palm oil edges down
Vegetable Oil

Malaysian palm oil edges down

Malaysian palm oil futures edged down slightly at the close of trade on Tuesday, tracking overnight losses in soyaoil, but remained largely range-bound as a weaker ringgit offset losses, traders said. A weaker ringgit, palm's currency of trade, typically
Published 18 Jul, 2018 12:00am
Palm oil snaps losing streak on improved demand
Vegetable Oil

Palm oil snaps losing streak on improved demand

Malaysian palm oil futures snapped four earlier sessions of losses to gain on Monday evening on the back of improved demand and a market retracement, according to traders. The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivati
Published 17 Jul, 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 eased again on Thursday because of positioning ahead of fresh USDA crop and supply/demand figures and due to further weakness in Malaysian palm oil futures. Asking prices for palm oil were between unchanged a
Published 15 Jul, 2018 12:00am
Palm oil falls nearly 2 percent to three-year low
Vegetable Oil

Palm oil falls nearly 2 percent to three-year low

Malaysian palm oil futures fell to their lowest in nearly three years on Friday evening in a fourth session of losses, tracking declines in related edible oils. The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Excha
Published 14 Jul, 2018 12:00am
Palm oil hits lowest in almost three years
Vegetable Oil

Palm oil hits lowest in almost three years

Malaysian palm oil futures dropped to their lowest in nearly three years on Thursday, tracking overnight declines in related edible oils, before trimming some losses on the back of a weaker ringgit. A weaker ringgit, palm's currency of trade, typically le
Published 13 Jul, 2018 12:00am
Malaysian palm oil drops over 2 percent
Vegetable Oil

Malaysian palm oil drops over 2 percent

Malaysian palm oil futures fell over 2 percent to a two-year low on Wednesday evening, tracking weakness in related oils on China's Dalian Commodity Exchange and as an escalating US-China trade conflict weighed on the market.
Published 12 Jul, 2018 12:00am
Palm oil up, snaps losing streak on US soyaoil
Vegetable Oil

Palm oil up, snaps losing streak on US soyaoil

Malaysian palm oil futures ended the trading day slightly higher on Monday, tracking gains in US soyaoil and snapping four previous sessions of losses. The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange was u
Published 10 Jul, 2018 12:00am
Palm oil hits nearly two-week low
Vegetable Oil

Palm oil hits nearly two-week low

Malaysian palm oil futures fell to their lowest in nearly two weeks on Friday evening, marking a fourth session of declines, on expectations of higher production this month. Earlier in the session, the market was trading sideways on caution over the China
Published 07 Jul, 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 continued to ease on Tuesday, tracking losses in Malaysian palm oil on slack demand and slow exports and due to weaker CBOT soyaoil futures. Asking prices for palm oil were between unchanged and $10 a tonne l
Published 06 Jul, 2018 12:00am
Malaysian palm oil extends losses
Vegetable Oil

Malaysian palm oil extends losses

Malaysian palm oil futures fell for a third straight session on Thursday, hitting their lowest in a week as traders took a cautious stance over mounting China-US trade war friction and on a lack of bullish news. The benchmark palm oil contract for Septemb
Published 06 Jul, 2018 12:00am