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Apr 27, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Markets » Vegetable Oil

Malaysian palm oil rises on weaker ringgit
Vegetable Oil

Malaysian palm oil rises on weaker ringgit

Malaysian palm oil futures snapped a four-day losing streak on Monday, buoyed by a weaker ringgit and tracking competing vegetable oil markets in spite of government data showing local stockpiles at an all-time high. The benchmark December palm oil contra
Published 13 Oct, 2015 12:00am
Palm oil mostly firmer on European vegoils market
Vegetable Oil

Palm oil mostly firmer on European vegoils market

Palm oil on the European vegetable oils market was mostly firmer on Wednesday on a stronger ringgit, which underpins prices quoted in other currencies. "A strong ringgit supported prices on the European cash market, while the same rise caused Malaysian pa
Published 11 Oct, 2015 12:00am
Palm oil falls
Vegetable Oil

Palm oil falls

Malaysian palm oil futures fell further on Friday as the ringgit firmed against the dollar, pushing palm prices to fresh two-and-a-half week lows. The benchmark December palm oil contract on the Bursa Malaysia Derivatives exchange lost 2.6 percent at the
Published 10 Oct, 2015 12:00am
Palm oil slips
Vegetable Oil

Palm oil slips

Malaysian palm oil futures fell for a third day on Thursday as a bearish outlook on key data that will be released next week and a stabilising ringgit dampened market sentiment. The Malaysian Palm Oil Board is set to release September palm oil data next M
Published 09 Oct, 2015 12:00am
Palm oil falls
Vegetable Oil

Palm oil falls

Malaysian palm oil futures fell on Wednesday for a second consecutive trading session on a strengthening ringgit and after its rally last month shifted demand to Indonesia. The benchmark December contract fell 2.23 percent to 2,319 ringgit ($550.18) a ton
Published 08 Oct, 2015 12:00am
Palm oil falls
Vegetable Oil

Palm oil falls

Malaysian palm oil futures slid nearly 2 percent on Tuesday after a rally last month that lifted prices to a 15-month high shifted demand for the tropical oil to rival Indonesia. A firmer ringgit, the currency in which palm oil is traded in, also weighed
Published 07 Oct, 2015 12:00am
Malaysian palm oil rises, tracking competing markets
Currency

Malaysian palm oil rises, tracking competing markets

Malaysian palm oil futures continued their rise on Monday after climbing for the past two weeks, supported by strong gains in rival oilseed and crude oil prices. The benchmark December contract on the Bursa Malaysia Derivatives exchange closed 1.2 percent
Published 06 Oct, 2015 12:00am
Indian rapeseed futures surge to a record high
Vegetable Oil

Indian rapeseed futures surge to a record high

Indian rapeseed futures surged to a record high while soyabean and soyaoil futures gained on Thursday, as expectations of weak soyabean production pushed domestic oil futures prices higher. Malaysian palm oil futures gained 1.56 percent on Thursday, risin
Published 04 Oct, 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 rose on Thursday on expectations for lower output during October and forecasts of higher purchases by top consumer India. "Less production and improved demand could eventually lead to a decrease in still huge
Published 04 Oct, 2015 12:00am
Palm oil falls on European vegoils market
Vegetable Oil

Palm oil falls on European vegoils market

Palm oil on the European vegetable oils market eased on Wednesday on technical selling following recent sharp gains and due to disappointing Malaysian palm oil export numbers for September. "Exports were expected to easily top Augusts' figures, but ended
Published 03 Oct, 2015 12:00am
Palm oil slips
Vegetable Oil

Palm oil slips

Malaysian palm oil futures fell on Friday after hitting a 15-month high earlier in the week as buyers started looking at alternatives such as soybean oil. The benchmark December contract on the Bursa Malaysia Derivatives exchange closed down 1.1 percent,
Published 03 Oct, 2015 12:00am
Palm oil gains
Vegetable Oil

Palm oil gains

Malaysian palm oil futures gained 1.56 percent on Thursday, rising for seven out of eight sessions with prices underpinned by expectations of lower production in October and forecasts of higher purchases by top consumer India. By Thursday's close, the ben
Published 02 Oct, 2015 12:00am