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Markets » Vegetable Oil

Palm oil jumps three percent
Vegetable Oil

Palm oil jumps three percent

Malaysian palm oil closed almost three percent higher on Monday, climbing to a two-month high, with the market driven up by strong gains in rival soyaoil prices and fears that dryness due to the El Nino weather pattern will cut yields. Chicago soyaoil fut
Published 08 Dec, 2015 12:00am
European vegoils: palm oil up again on El Nino worries
Vegetable Oil

European vegoils: palm oil up again on El Nino worries

Palm oil on the European vegetable oils market firmed again on Friday due to concerns over the El Nino weather pattern that could cause dry weather and cut yields, and because of a strong ringgit. "The European cash market drifted gently into the weekend
Published 08 Dec, 2015 12:00am
Canadian canola falls
Vegetable Oil

Canadian canola falls

ICE Canadian canola fell on Friday as commercial dealer hedged purchases from farmers and after the Canadian government boosted its harvest estimate more than expected. For the week, the January contract climbed 2.4 percent, the biggest nearby weekly gain
Published 08 Dec, 2015 12:00am
Palm oil soars
Vegetable Oil

Palm oil soars

Malaysian palm oil futures closed marginally higher on Friday after climbing to a four-week top earlier in the session on expectations that dry weather due to the El Nino weather pattern will reduce production across Southeast Asia. A plan by Indonesia, t
Published 05 Dec, 2015 12:00am
Palm oil rises
Vegetable Oil

Palm oil rises

Malaysian palm oil futures rose on Thursday to snap a three-session losing streak, tracking gains in other vegetable oils and as expectations of lower output in the coming weeks boosted sentiment. The February benchmark palm oil contract on the Bursa Mala
Published 04 Dec, 2015 12:00am
Palm oil slips
Vegetable Oil

Palm oil slips

Malaysian palm oil futures fell for a third straight session on Wednesday to a near one-week low, as a firmer ringgit curbed demand and offset expectations of lower supplies due to wet weather. The February benchmark palm oil contract on the Bursa Malaysi
Published 03 Dec, 2015 12:00am
Palm oil falls
Vegetable Oil

Palm oil falls

Malaysian palm oil futures fell on Tuesday, reversing gains made in early trade, as traders expect high inventories and weak export demand ahead of government data. The February benchmark palm oil contract on the Bursa Malaysia Derivatives Exchange ended
Published 02 Dec, 2015 12:00am
Palm slips after three-session rally, weak export data drags
Currency

Palm slips after three-session rally, weak export data drags

Malaysian palm oil futures dropped on Monday, snapping a three-day winning streak, hurt by weak export data. The latest cargo surveyor data showed a 10.1 percent decline in palm shipments for November 1-30, compared with the same period in October. The Fe
Published 01 Dec, 2015 12:00am
Palm oil up on European vegoils market
Vegetable Oil

Palm oil up on European vegoils market

Palm oil on the European vegetable oils market rose on Thursday on the back of a strong ringgit and expected lower output in November. Markets were quiet due to the absence of direction from Chicago markets due to the US Thanksgiving Day holiday. "Thanksg
Published 29 Nov, 2015 12:00am
Palm oil rises on European vegoils market
Vegetable Oil

Palm oil rises on European vegoils market

Palm oil on the European vegetable oils market edged up on Wednesday due to the strong ringgit and bargain buying in Malaysian palm oil futures after talk of lower output during the first 20 days of November. "Business was slow today because of (the US) T
Published 28 Nov, 2015 12:00am
Palm oil rebounds
Vegetable Oil

Palm oil rebounds

Malaysian palm oil futures rebounded on Thursday from a near one-month low hit in the previous session on falling output, with many palm investors looking for fresh direction from an industry gathering this week on the resort island of Bali. The February
Published 27 Nov, 2015 12:00am