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Markets » Vegetable Oil

Palm oil down
Vegetable Oil

Palm oil down

Malaysian palm oil futures reversed earlier gains to a two-month top and closed down 2 percent on Tuesday, hurt by a technical correction following a sharp rally in the past three weeks. The benchmark November palm oil contract on the Bursa Malaysia Deriv
Published 16 Sep, 2015 12:00am
Malaysian palm oil hits over seven-week high
Vegetable Oil

Malaysian palm oil hits over seven-week high

Malaysian palm oil futures rose almost 3 percent on Monday, hitting highest in more than seven weeks, supported by speculative buying ahead of export data and firmer soyabean prices. The benchmark November palm oil contract on the Bursa Malaysia Derivativ
Published 15 Sep, 2015 12:00am
Palm oil dips
Vegetable Oil

Palm oil dips

Malaysian palm oil futures fell back after reaching a seven-week high on Friday on sustained buying by traders, despite data showing higher production and inventory levels. The benchmark November palm oil contract on the Bursa Malaysia Derivatives Exchang
Published 12 Sep, 2015 12:00am
Palm oil rises
Vegetable Oil

Palm oil rises

Malaysian palm oil futures rose to a six-week high on Thursday due to a weaker ringgit, though data showing rising production and inventory weighed on sentiment. The benchmark November contract on the Bursa Malaysia Derivatives Exchange reached a high of
Published 11 Sep, 2015 12:00am
Palm oil touches six-week high
Vegetable Oil

Palm oil touches six-week high

Malaysian palm oil futures hit a six-week high on Wednesday, supported by short-covering and technical buying ahead of production data due later this week. By the close, the benchmark November contract on the Bursa Malaysia Derivatives exchange ended 1.1
Published 10 Sep, 2015 12:00am
Palm oil hits one-month high on weak ringgit
Vegetable Oil

Palm oil hits one-month high on weak ringgit

Malaysian palm oil futures reached a one-month high on Tuesday, buoyed by a weak ringgit currency and higher demand from refiners on improving margins. The benchmark November contract on the Bursa Malaysia Derivatives exchange closed higher by 2.1 percent
Published 09 Sep, 2015 12:00am
Palm oil rebounds slightly to near three-week high
Vegetable Oil

Palm oil rebounds slightly to near three-week high

Malaysian palm oil futures hit a near three-week high on Monday after a drop in early trade helped by exports and a weaker ringgit. The benchmark November contract on the Bursa Malaysia Derivatives exchange closed higher at 2,048 ringgit ($473.25) a tonne
Published 08 Sep, 2015 12:00am
Palm oil rises
Vegetable Oil

Palm oil rises

Malaysia palm oil futures held near a two-week high on Friday, continuing a recovery from a multi-year low hit last week on worries about economic growth in key consumer China. The benchmark November contract on the Bursa Malaysia Derivatives exchange gai
Published 05 Sep, 2015 12:00am
Palm oil surges
Vegetable Oil

Palm oil surges

Malaysian palm oil futures hit a two-week high on Thursday, reversing course in the second half on the back of a weaker ringgit and bargain hunting by traders after the previous session's more than 1 percent fall. The benchmark November contract on the Bu
Published 04 Sep, 2015 12:00am
Dry summer seen curbing Canada wheat, canola crops
Vegetable Oil

Dry summer seen curbing Canada wheat, canola crops

Canada is on track to produce less wheat and slightly less canola than traders had estimated after a dry spring and summer curbed production, according to the national statistics agency's first crop output report of the year. Statistics Canada on Friday p
Published 04 Sep, 2015 12:00am
Palm oil falls
Vegetable Oil

Palm oil falls

Malaysian palm oil futures ended lower on Wednesday after three consecutive sessions of strong gains, as a drop in commodity markets amid concerns over China's growth weighed on prices. The benchmark palm oil contract for November on the Bursa Malaysia De
Published 03 Sep, 2015 12:00am