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Vegetable Oil

Malaysian palm oil springs back
Currency

Malaysian palm oil springs back

Malaysian palm oil futures gained at the close of trade on Thursday, reversing losses made earlier in the session, as firmer US soyaoil prices lent support. "Expectations for a US Department of Agriculture report tonight may be supportive, as analysts sug
Published 12 Jul, 2019 12:00am
Malaysian palm oil declines
Exchange

Malaysian palm oil declines

Malaysian palm oil futures fell on Wednesday evening weighed down by higher than forecast inventory levels in June according to a data release from the Malaysian Palm Oil Board (MPOB). The benchmark palm oil contract for September delivery on the Bursa Ma
Published 11 Jul, 2019 12:00am
Palm oil eases
Exchange

Palm oil eases

Malaysian palm oil futures edged lower at the close of trade on Tuesday as a fall in soyaoil prices and expectations of rising July output weighed. The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange was last
Published 10 Jul, 2019 12:00am
Palm oil edges down for second day
Currency

Palm oil edges down for second day

Malaysian palm oil futures fell for a second consecutive session on Thursday evening due to a firmer ringgit and concerns over the longer term outlook for production and exports. A stronger ringgit, palm's currency of trade, usually makes the edible oil m
Published 05 Jul, 2019 12:00am
Malaysian palm oil down
Exchange

Malaysian palm oil down

Malaysian palm oil futures charted a decline on Wednesday evening after two sessions of gains, falling over 1% tracking overnight weakness in crude oil and Chicago Board of Trade (CBOT) soyaoil. The benchmark palm oil contract for September delivery on th
Published 04 Jul, 2019 12:00am
Palm oil extends losses to hit seven-month low
Exchange

Palm oil extends losses to hit seven-month low

Malaysian palm oil futures extended its falling streak on Friday, heading to seven-month lows as sluggish demand and expectations of higher production in coming months weighed on the vegetable oil market. The benchmark palm oil contract on the Bursa Malay
Published 29 Jun, 2019 12:00am
Malaysian palm oil down
Exchange

Malaysian palm oil down

Malaysian palm oil futures fell on Thursday as the ringgit rose amid sliding US Treasury yields, dragging down sentiment for the vegetable oil. The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange was down 1.2%
Published 21 Jun, 2019 12:00am
Malaysian palm oil benchmark steadies
Exchange

Malaysian palm oil benchmark steadies

Malaysia's benchmark palm oil contract closed unchanged on Friday, highlighting still sluggish demand as gains earlier in the day on Indonesia's plans to increase bio content in biodiesel evaporated. The benchmark palm oil contract for August delivery on
Published 15 Jun, 2019 12:00am
Ukraine's grain exports rise
Vegetable Oil

Ukraine's grain exports rise

Ukraine's grain exports have risen to 46.1 million tonnes so far in the 2018/19 season compared with 36.4 million tonnes at the same point last season, the agriculture ministry said on Wednesday. Ukraine harvested a record 70 million tonnes of grain last
Published 31 May, 2019 12:00am
Palm oil drops nearly 2 percent on technical selling
Exchange

Palm oil drops nearly 2 percent on technical selling

Malaysian palm oil futures closed nearly 2% down on Tuesday, retreating from a three-week high hit in early trade as technical selling and concern over higher than expected production weighed on prices. The benchmark palm oil contract for August delivery
Published 22 May, 2019 12:00am
Palm oil drops nearly 2 percent on technical selling
Exchange

Palm oil drops nearly 2 percent on technical selling

Malaysian palm oil futures closed nearly 2% down on Tuesday, retreating from a three-week high hit in early trade as technical selling and concern over higher than expected production weighed on prices. The benchmark palm oil contract for August delivery
Published 22 May, 2019 12:00am
World food prices climb, cereal output seen rising
Vegetable Oil

World food prices climb, cereal output seen rising

World food prices rose some 1.5 percent in April, with a jump in dairy and meat prices helping offset a fall in cereal quotations, the United Nations food agency said on Thursday. The Food and Agriculture Organization (FAO) also issued its first forecast
Published 10 May, 2019 12:00am
CPI-based inflation recorded at 8.8 percent in April on YoY basis
Cotton

CPI-based inflation recorded at 8.8 percent in April on YoY basis

The Consumer Price Index (CPI) based inflation was recorded at 8.8 percent in April 2019 on year-on-year basis as compared with 9.4 percent in March 2019 and 3.7 percent in same month of 2018. According to data released by Pakistan Bureau of Statistic (PB
Published 03 May, 2019 12:00am
CPI-based inflation recorded at 8.8 percent in April on YoY basis
Cotton

CPI-based inflation recorded at 8.8 percent in April on YoY basis

The Consumer Price Index (CPI) based inflation was recorded at 8.8 percent in April 2019 on year-on-year basis as compared with 9.4 percent in March 2019 and 3.7 percent in same month of 2018. According to data released by Pakistan Bureau of Statistic (PB
Published 03 May, 2019 12:00am
CPI-based inflation recorded at 8.8 percent in April on YoY basis
Cotton

CPI-based inflation recorded at 8.8 percent in April on YoY basis

The Consumer Price Index (CPI) based inflation was recorded at 8.8 percent in April 2019 on year-on-year basis as compared with 9.4 percent in March 2019 and 3.7 percent in same month of 2018. According to data released by Pakistan Bureau of Statistic (PB
Published 03 May, 2019 12:00am
Palm oil near one-month low
Vegetable Oil

Palm oil near one-month low

Malaysian palm oil futures fell more than 2 percent during their second half of trade on Friday to their lowest in nearly a month, weighed down by weaker related edible oils. Expectations of only a slight drop in April inventory levels also contributed to
Published 27 Apr, 2019 12:00am
Palm oil slides on overnight soyaoil losses
Currency

Palm oil slides on overnight soyaoil losses

Malaysian palm oil futures charted a third session of loses in four on Thursday evening, tracking weakness in overnight US soyaoil prices and on forecasts of slower-than-expected declines in output. The benchmark palm oil contract for July delivery on the
Published 26 Apr, 2019 12:00am
Palm oil reverses losses
Vegetable Oil

Palm oil reverses losses

Malaysian palm oil futures recouped earlier losses to close flat at the end of the trading day on Wednesday, helped by gains in the US soyaoil and on prospects of improving export demand. The benchmark palm oil contract for July delivery on the Bursa Mala
Published 25 Apr, 2019 12:00am