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Markets » Vegetable Oil

European vegoils: rapeoil prices fall slightly
Vegetable Oil

European vegoils: rapeoil prices fall slightly

Asking prices for rapeoil on the European vegetable oils market dropped slightly on Monday, pressured by renewed weakness in energy markets. "It was a slow Monday with tropical oils uneventful due to a Malaysian public holiday. Otherwise the only lead was
Published 27 Jan, 2016 12:00am
Palm oil down
Exchange

Palm oil down

Malaysian palm oil futures stretched their losses into a second straight session on Thursday to hit a four-day low, tracking weak crude and competing vegetable oil prices. Palm oil prices have come under pressure in the absence of an expected pick-up in i
Published 22 Jan, 2016 12:00am
Palm oil recovers on lower output forecast
Vegetable Oil

Palm oil recovers on lower output forecast

Malaysian palm oil futures staged a turnaround on Tuesday to notch modest gains as traders grew bullish on more pronounced forecasts of lower production. The palm oil contract for April on the Bursa Malaysia Derivatives Exchange rose 0.3 percent to 2,477
Published 20 Jan, 2016 12:00am
Drought, warm winters seen hitting Indian rapeseed output
Vegetable Oil

Drought, warm winters seen hitting Indian rapeseed output

A lag in sowing in India's parched farms and the warmest winter in some areas in at least five years could hit rapeseed production and reduce its oil content, farmers and traders said, raising the prospect of higher vegetable oil imports. Prices of rapese
Published 17 Jan, 2016 12:00am
Palm oil drops
Exchange

Palm oil drops

Malaysian palm oil futures fell on Thursday to reverse its morning session of gains as demand for the vegetable oil wanes on slowing exports. The palm oil contract for March on the Bursa Malaysia Derivatives Exchange lost 0.4 percent to 2,402 ringgit ($54
Published 15 Jan, 2016 12:00am
India develops new rapeseed variety to cut vegoil imports
Vegetable Oil

India develops new rapeseed variety to cut vegoil imports

India has developed a new variety of rapeseed as part of Prime Minister Narendra Modi's push to cut imports of vegetable oils, the country's third-biggest import item after crude oil and gold. The new rapeseed variety will have higher oil content and lowe
Published 14 Jan, 2016 12:00am
Palm oil falls
Vegetable Oil

Palm oil falls

Malaysian palm oil futures fell on Tuesday as global crude oil prices tumbled to 12-year lows this week, with declining production data from a government body doing little to boost market sentiment. The palm oil contract for March on the Bursa Malaysia De
Published 13 Jan, 2016 12:00am