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European vegoils: palm oil down
Vegetable Oil

European vegoils: palm oil down

Palm oil prices on the European vegetable oils market eased on Thursday on concerns that the slowdown in the Chinese economy could cut demand. "Most players focused on the Chinese economy and the fall in its stock markets as China is a top buyer of both p
Published 10 Jan, 2016 12:00am
European vegoils: palm oil down
Vegetable Oil

European vegoils: palm oil down

Palm oil on the European vegetable oils market was offered lower on Wednesday due to worries that a slowdown of the Chinese economy would reduce demand. "The Chinese economy is an important factor as it is a top buyer of both palm and soya products," one
Published 09 Jan, 2016 12:00am
Food prices plunge in 2015
Vegetable Oil

Food prices plunge in 2015

Global food prices plunged 19 percent in 2015 following a fresh decline in December on the back of plentiful supplies and a slowing global economy, the United Nations Food and Agriculture Organization (FAO) said on Thursday. It was the fourth consecutive
Published 08 Jan, 2016 12:00am
Palm oil falls
Vegetable Oil

Palm oil falls

Malaysian palm oil futures fell on Thursday, hitting a three-week low, due to weak export demand and a narrowing spread between the tropical oil and soyoil. The benchmark palm oil contract for March on the Bursa Malaysia Derivatives Exchange had dropped 1
Published 08 Jan, 2016 12:00am
European vegoils: palm oil eases
Vegetable Oil

European vegoils: palm oil eases

Palm oil on the European vegetable oils market eased late on Tuesday on the back of a strong dollar after opening firmer on trade talk of a sharp fall in December Malaysian palm oil output. "After palm oil moved up with optimism in Malaysian palm oil futu
Published 08 Jan, 2016 12:00am
Palm oil drops
Exchange

Palm oil drops

Malaysian palm oil futures fell on Wednesday, largely because of weak demand from major importer China. The benchmark palm oil contract for March on the Bursa Malaysia Derivatives Exchange rose slightly before ending the day 0.2 percent lower at 2,448 rin
Published 07 Jan, 2016 12:00am
European vegoils: palm oil lower on China's demand
Vegetable Oil

European vegoils: palm oil lower on China's demand

Palm oil on the European vegetable oils market eased on Monday, the first trading day in 2016, on worries over the economy of top buyer China, which could slow demand. "The market was slow overall as players have to start up again following the holiday se
Published 06 Jan, 2016 12:00am
Privatisation: a perspective
Vegetable Oil

Privatisation: a perspective

"Freedom is the right to tell people what they do not want to hear."-George Orwell: The federal government has announced its policy decision aimed at privatising state-owned entities (SOEs). This decision has been rejected by all major political pa
Published 06 Jan, 2016 12:00am
Palm oil recovers
Vegetable Oil

Palm oil recovers

Malaysian palm oil futures staged a turnaround on Tuesday, reversing earlier losses, after traders forecast sharp falls in December output. The benchmark palm oil contract for March on the Bursa Malaysia Derivatives Exchange ended the trading day 0.7 perc
Published 06 Jan, 2016 12:00am
Palm oil falls
Vegetable Oil

Palm oil falls

Malaysian palm oil futures fell on Thursday, after reaching a new 18-month high, on concerns of slowing demand after data showed exports declined. The benchmark palm oil contract for March on the Bursa Malaysia Derivatives Exchange fell 0.6 percent to 2,4
Published 01 Jan, 2016 12:00am