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Vegetable Oil

Palm oil drops 1.4pc
Commodities

Palm oil drops 1.4pc

SINGAPORE: Malaysian palm oil futures fell for a fourth consecutive session on Monday, as cheaper rival oils and a...
Published 30 Jun, 2020 03:10am
Corn stays weak as US weather boosts crop prospects
Commodities

Corn stays weak as US weather boosts crop prospects

  • Benign Midwest weather fuels expectations of big corn crop.
  • Soybeans also ease as coronavirus worries hang over market.
  • Wheat steadies after initial harvest slide.
  • Market awaits weekly export data, looks ahead to acreage report.
Published 25 Jun, 2020 05:12pm
Palm oil bounces back
Commodities

Palm oil bounces back

KUALA LUMPUR: Malaysian palm oil futures bounced back on Tuesday as crude prices rose, but gains were limited by...
Published 24 Jun, 2020 03:13am
Palm oil bounces back on stronger crude
Commodities

Palm oil bounces back on stronger crude

  • The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange settled up 21 ringgit.
  • Crude oil prices rose after a volatile session sparked by confusion over the status of the US-China trade deal.
Published 23 Jun, 2020 06:06pm
Malaysian palm oil falls
Commodities

Malaysian palm oil falls

KUALA LUMPUR: Malaysian palm oil futures slid on Monday as the tropical commodity's global consumption is expected ...
Published 23 Jun, 2020 03:12am
Palm oil up on sentiment from overnight soyaoil rally
Exchange

Palm oil up on sentiment from overnight soyaoil rally

Malaysian palm oil futures rose on Friday, recovering from two sessions of declines, buoyed by sharp overnight gains in rival US soyaoil. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange closed 0.5% higher a
Published 05 Oct, 2019 12:00am
CPI registers 11.37 percent increase in September
Cotton

CPI registers 11.37 percent increase in September

The National Consumer Price Index has registered an increase of 11.37 percent from 113.90 points in September 2018 to 126.86 points in September 2019, said Pakistan Bureau of Statistics (PBS). The PBS last month changed the base year from 2007-08 to 2015-
Published 03 Oct, 2019 12:00am
CPI registers 11.37 percent increase in September
Cotton

CPI registers 11.37 percent increase in September

The National Consumer Price Index has registered an increase of 11.37 percent from 113.90 points in September 2018 to 126.86 points in September 2019, said Pakistan Bureau of Statistics (PBS). The PBS last month changed the base year from 2007-08 to 2015-
Published 03 Oct, 2019 12:00am
Malaysian palm oil recovers recent losses
Exchange

Malaysian palm oil recovers recent losses

Malaysian palm oil futures rebounded on Tuesday, helped by an increase in soyaoil prices, after falling to their lowest in almost eight weeks in the previous session. The benchmark palm oil contract for the December delivery on the Bursa Malaysia Derivati
Published 02 Oct, 2019 12:00am
Malaysian palm up over 1 percent
Exchange

Malaysian palm up over 1 percent

Malaysian palm oil futures rose more than 1% in afternoon trading on Thursday after bullish forecasts at an industry conference in India.
Published 27 Sep, 2019 12:00am
Umer Rehan elected KATI president
Vegetable Oil

Umer Rehan elected KATI president

Sheikh Umer Rehan, Muhammad Ikram Rajput and Syed Wajid Hussain have been elected unopposed for the office of the President, Senior Vice-President and Vice-President of Korangi Association of Trade and Industry (KATI), respectively for the year 2019-20.
Published 27 Sep, 2019 12:00am
Palm oil hits over 6-week low
Exchange

Palm oil hits over 6-week low

Malaysian palm oil futures fell to an over six-week trough on Tuesday evening, recording a fifth straight session of losses on cues from prospects of firm output, slowing demand and weaker related edible oils. The benchmark palm oil contract for the Decem
Published 25 Sep, 2019 12:00am
Palm oil futures fall over 1 percent
Exchange

Palm oil futures fall over 1 percent

Malaysian palm oil futures fell over 1% on Monday evening, extending losses into a fourth consecutive session on expectations of sluggish export demand and higher production. The benchmark palm oil contract for December delivery on the Bursa Malaysia Deri
Published 24 Sep, 2019 12:00am
Palm oil extends losses
Currency

Palm oil extends losses

Malaysian palm oil futures extended losses on Thursday due to a drop in related vegetable oils and weak exports, though a weaker ringgit restricted the downside. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Excha
Published 20 Sep, 2019 12:00am
Palm oil down tracking related oils
Exchange

Palm oil down tracking related oils

Malaysian palm oil futures slid on Wednesday, retreating from a three-week high achieved in the previous session as the market tracked softer related vegetable oils.
Published 19 Sep, 2019 12:00am
Palm oil jumps over four percent
Exchange

Palm oil jumps over four percent

Malaysian palm oil futures jumped over 4% on Tuesday, their highest in more than three weeks, as gains in related oils on the Dalian Commodity Exchange and a sliding ringgit powered sentiment. The benchmark palm oil contract on the Bursa Malaysia Derivati
Published 18 Sep, 2019 12:00am
EU rapeseed sowings may recover after poor summer harvest
Vegetable Oil

EU rapeseed sowings may recover after poor summer harvest

Rapeseed sowings in major EU producers could increase after this summer's poor harvest although restrictions on insecticides are causing problems for farmers, experts said on Thursday. Drought in 2018 hindered sowing of rapeseed, the European Union's main
Published 17 Sep, 2019 12:00am
Palm oil slips
Exchange

Palm oil slips

Malaysian palm oil futures eased on Thursday as a stronger ringgit and weaker related oils on China's Dalian Commodity Exchange weighed on prices. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange was down 0.
Published 13 Sep, 2019 12:00am
World food prices dip again
Vegetable Oil

World food prices dip again

World food prices fell for a third month running in August, pushed down by a sharp drop in the prices of sugar, wheat and maize, the United Nations food agency said on Thursday. The Food and Agriculture Organization (FAO) food price index, which measures
Published 06 Sep, 2019 12:00am
Palm oil edges up
Currency

Palm oil edges up

Malaysian palm oil futures rose over 1% on Wednesday before paring some gains, lifted by higher overnight prices of soyaoil on the Chicago Board of Trade (CBOT) and a technical correction. The benchmark palm oil contract for November delivery on the Bursa
Published 05 Sep, 2019 12:00am
Palm oil slides to two-week low
Exchange

Palm oil slides to two-week low

Malaysian palm oil futures fell over 2% at the close of trade on Tuesday, pressured by weaker export growth and losses in soyaoil on the Chicago Board of Trade. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchan
Published 04 Sep, 2019 12:00am
Canada expects canola harvest to be smallest in four years
Vegetable Oil

Canada expects canola harvest to be smallest in four years

Canadian farmers expect to harvest the smallest canola crop in 4 years due to reduced plantings, according to a government report released on Wednesday amid a diplomatic dispute between Canada and China, the top importer of the crop. The spat, centered on
Published 03 Sep, 2019 12:00am
Ukraine's 2019-20 grain exports rise
Vegetable Oil

Ukraine's 2019-20 grain exports rise

Ukraine's grain exports have risen to almost 7.62 million tonnes so far in the 2019/20 July-June export season, up from 4.72 million tonnes at the same time last year, the agriculture ministry said on Wednesday. The volume includes 4.07 million tonnes of
Published 03 Sep, 2019 12:00am
Palm oil rebounds from one-week low
Exchange

Palm oil rebounds from one-week low

Malaysian palm oil futures rebounded from a one-week low in the second half of trade on Friday, supported by expectations of better export data scheduled for release on Aug. 31 and Sept. 3 by cargo surveyors.
Published 31 Aug, 2019 12:00am
Palm oil sees strongest gain in a week
Currency

Palm oil sees strongest gain in a week

Malaysian palm oil futures charted their strongest daily gains in a week on Wednesday, pulling out of earlier range trading thanks to losses in the ringgit and a recovery in US soyaoil on the Chicago Board of Trade.
Published 29 Aug, 2019 12:00am
Palm oil snaps winning streak
Exchange

Palm oil snaps winning streak

Malaysian palm oil futures retreated from a more than six-month high hit the previous session on Tuesday, tracking weaker related oils on the US Chicago Board of Trade and China's Dalian Commodity Exchange. The benchmark palm oil contract for November del
Published 28 Aug, 2019 12:00am
Palm oil soars to six-month high
Exchange

Palm oil soars to six-month high

Malaysian palm oil futures rose on Monday, posting a fifth straight session of gains, as they tracked a rally in rival oils on the Dalian Commodity Exchange. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange
Published 27 Aug, 2019 12:00am