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Vegetable Oil

Palm oil rises
Commodities

Palm oil rises

KUALA LUMPUR Malaysian palm oil futures rose as much as 3.2% on Monday, tracking strong gains in Dalian palm and...
Published 04 Aug, 2020 02:47am
Palm oil marginally up
Commodities

Palm oil marginally up

KUALA LUMPUR: Malaysian palm oil futures trimmed early gains after profit-taking on Wednesday, and closed marginally...
Published 23 Jul, 2020 02:47am
Malaysian palm oil eases
Commodities

Malaysian palm oil eases

KUALA LUMPUR: Malaysian palm oil futures erased early gains and ended lower in volatile trade on Tuesday, as traders...
Published 22 Jul, 2020 02:47am
Palm oil closes higher on stronger global equities
Commodities

Palm oil closes higher on stronger global equities

  • The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange closed up 15 ringgit, or 0.62%, at 2,427 ringgit ($569.32) a tonne, after rising as much as 1.45%.
  • Malaysian palm oil inventories at end-June fell 6.3% from a month earlier, while production jumped 14.2%,
Published 13 Jul, 2020 06:50pm
Palm oil reverses early gains as crude oil falls
Commodities

Palm oil reverses early gains as crude oil falls

  • The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange closed down 0.13% to 2,359 ringgit ($550.53) a tonne.
  • Oil fell below $43 a barrel as a resurgence of coronavirus cases raised concerns that fuel demand growth could stall.
Published 03 Jul, 2020 05:21pm
Palm up 1.5pc as crude oil extend gains
Commodities

Palm up 1.5pc as crude oil extend gains

  • The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange closed 1.5% higher at 2,361 ringgit ($551.25).
  • Crude oil prices rose on Thursday as a sharp drop in oil stockpiles, making palm a more attractive option for biodiesel feedstock.
Published 02 Jul, 2020 05:45pm