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Markets » Vegetable Oil

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
Palm oil eases
Vegetable Oil

Palm oil eases

Malaysian palm oil futures extended losses to end lower on Wednesday, weighed down by lower-than-expected export data and as traders booked profits after recent gains. By the close, the benchmark December palm oil contract on the Bursa Malaysia Derivative
Published 01 Oct, 2015 12:00am
Palm oil hits new 15-month high
Vegetable Oil

Palm oil hits new 15-month high

Malaysian palm oil futures surged for a sixth day in a row to new 15-month highs on Tuesday, bolstered by bullish analyst forecasts, a weakening ringgit and expectations recent dry weather and haze will curb crop output. By Tuesday's close, the benchmark
Published 30 Sep, 2015 12:00am
Palm oil climbs for fifth day to near 15-month high
Vegetable Oil

Palm oil climbs for fifth day to near 15-month high

Malaysian palm oil futures climbed for a fifth straight day on Monday to their highest level in almost 15 months, as traders bet on increasing demand, lower supply and declines in the ringgit. By Monday's close, the benchmark December palm oil contract on
Published 29 Sep, 2015 12:00am
Indian oilseeds, soyaoil futures rise
Vegetable Oil

Indian oilseeds, soyaoil futures rise

Indian oilseeds and soyaoil futures rose on Monday, in line with global palm oil prices, which climbed for the fifth day to touch a near 15-month high. Malaysian palm oil futures climbed for a fifth straight day on Monday to their highest level in almost
Published 29 Sep, 2015 12:00am
Canadian canola prices higher
Vegetable Oil

Canadian canola prices higher

ICE Canadian canola prices rose on Friday and set a one-month high on spillover strength from other global vegetable oil markets including US soy and Malaysian palm, traders said. Harvest selling by farmers tempered the gains in canola, with the most-acti
Published 29 Sep, 2015 12:00am
Palm oil jumps
Vegetable Oil

Palm oil jumps

Malaysian palm oil futures jumped on Wednesday to their highest in two-and-a-half months, bolstered by a weak ringgit and on worries over potential dry weather curbing crop output. The benchmark December palm oil contract on the Bursa Malaysia Derivatives
Published 24 Sep, 2015 12:00am
Palm oil rises
Vegetable Oil

Palm oil rises

Malaysian palm oil futures rose to a one-week high on Tuesday, supported by positive export data, a weak ringgit and dry weather conditions. The benchmark December palm oil contract on the Bursa Malaysia Derivatives Exchange ended up 1.5 percent by the cl
Published 23 Sep, 2015 12:00am
European palm oil prices down on Malaysian slide
Vegetable Oil

European palm oil prices down on Malaysian slide

European palm oil prices eased on Friday, pressured by weak Malaysian futures and a broader slump in global markets. Asking prices for RBD palmolein fell by up to $7.50, with the January-March shipment sliding to $545 per tonne. That position last traded
Published 22 Sep, 2015 12:00am
Malaysian palm oil climbs on export data
Vegetable Oil

Malaysian palm oil climbs on export data

Malaysian palm oil futures rose as much as 3 percent on Monday as monthly cargo surveyor export data and a weak ringgit combined to support prices. The benchmark December palm oil contract on the Bursa Malaysia Derivatives Exchange ended 2.3 percent highe
Published 22 Sep, 2015 12:00am
Palm oil drops
Vegetable Oil

Palm oil drops

Malaysian palm oil futures dropped on Friday as news of India's import tax hike on crude and refined vegetable oils dampened market sentiment. The benchmark December palm oil contract on the Bursa Malaysia Derivatives Exchange was down 1.1 percent at the
Published 19 Sep, 2015 12:00am
Palm oil down
Vegetable Oil

Palm oil down

Malaysian palm oil futures dropped on Thursday due to market corrections and a strengthening ringgit. The benchmark December palm oil contract on the Bursa Malaysia Derivatives Exchange closed 2.9 percent lower on Thursday at 2,128 ringgit ($500.71) a ton
Published 18 Sep, 2015 12:00am