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Jun 01, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Markets » Vegetable Oil

Palm oil sees fourth day of falls
Vegetable Oil

Palm oil sees fourth day of falls

Malaysian palm oil futures fell for a fourth straight day on Thursday, hitting a two-year low, as weak sentiment persisted due to concerns about a trade war between China and the United States and on losses in US soyaoil.
Published 22 Jun, 2018 12:00am
Palm oil charts third day of losses
Vegetable Oil

Palm oil charts third day of losses

Malaysian palm oil futures fell on Wednesday evening, charting a third consecutive session of declines, as the market was weighed down by weaker related edible oils and slowing exports.
Published 21 Jun, 2018 12:00am
Palm oil slumps to two-year low
Vegetable Oil

Palm oil slumps to two-year low

Malaysian palm oil futures slumped as much as 3 percent on Tuesday evening to their lowest in two years, tracking weakness in related edible oils. The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange was down 1
Published 20 Jun, 2018 12:00am
Palm oil plummets on weaker demand, crude oil
Vegetable Oil

Palm oil plummets on weaker demand, crude oil

Malaysian palm oil futures saw their sharpest decline in a week at the close of trade on Monday evening, on the back of weaker export demand and a fall in crude oil prices. The benchmark palm oil contract for September delivery on the Bursa Malaysia Deriv
Published 19 Jun, 2018 12:00am
India raises import tax on crude, refined soft oils
Vegetable Oil

India raises import tax on crude, refined soft oils

India's government on Thursday raised import tax on crude and refined soyaoil, sunflower oil and canola oil to the highest level in more than a decade, as the world's biggest edible oil importer tried to support local farmers. The hike will make palm oil
Published 16 Jun, 2018 12:00am
Palm oil recovers as traders buy at low prices
Vegetable Oil

Palm oil recovers as traders buy at low prices

Malaysian palm oil futures rose on Thursday, pulling back from a more than 22-month low hit in the previous session, as traders took the opportunity to buy at low prices ahead of Eid festivities during the weekend. The benchmark palm oil contract for Augu
Published 15 Jun, 2018 12:00am
Palm oil extends fall to over 22-month low
Vegetable Oil

Palm oil extends fall to over 22-month low

Malaysian palm oil futures extended falls to a more than 22-month low on Wednesday, tracking weakness in related edible oils. The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange was down 0.3 percent at 2,318 ring
Published 14 Jun, 2018 12:00am
Palm oil lower on European vegoils market
Vegetable Oil

Palm oil lower on European vegoils market

Palm oil on the European vegetable oils market eased further on Tuesday on worries over weak Malaysian export demand and positioning ahead of USDA crop and supply/demand reports. Asking prices for palm oil were mostly between $5 and $10 per tonne lower, a
Published 14 Jun, 2018 12:00am
Palm oil lower on European vegoils market
Vegetable Oil

Palm oil lower on European vegoils market

Palm oil on the European vegetable oils market edged lower on Monday in thin trade on positioning ahead of fresh USDA crop and supply/demand reports due on Tuesday. Asking prices for palm oil were mostly between unchanged and $5 a tonne lower, also becaus
Published 13 Jun, 2018 12:00am
Malaysian palm oil slides to near two-year low
Vegetable Oil

Malaysian palm oil slides to near two-year low

Malaysian palm oil futures dropped more than 1 percent to their lowest in nearly two years on Tuesday, weighed down by the government's decision to maintain an export tax for July and due to lacklustre demand. The benchmark palm oil contract for August de
Published 13 Jun, 2018 12:00am
Malaysian palm oil extends losses
Vegetable Oil

Malaysian palm oil extends losses

Malaysian palm oil futures extended a downward trend, closing 0.3 percent lower on Monday as weak demand weighed on prices. The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange hit a low of 2,345 ringgit ($588) be
Published 12 Jun, 2018 12:00am