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Vegetable Oil

Palm oil prices down on European vegoils market
Vegetable Oil

Palm oil prices down on European vegoils market

Palm and coconut oil prices on the European vegetable oil market were generally lower on Monday, in a market which was quiet due to Malaysian trading being closed for the National Day holiday. Many products were unquoted in Europe for most of the day.
Published 02 Sep, 2015 12:00am
Palm up surges
Vegetable Oil

Palm up surges

Malaysian palm oil futures rose for a third day in strong trading on Tuesday after a jump in crude oil prices overnight and gains in competing vegetable oil markets. A stronger ringgit had little impact. By Tuesday's close, the benchmark November palm oil
Published 02 Sep, 2015 12:00am
Canadian canola rises
Vegetable Oil

Canadian canola rises

ICE Canadian canola rose on Friday, supported by rising soyaoil prices and buying by crushers and exporters, but finished with a third straight weekly loss. Light technical selling, tied to the November contract trading below the 50-day moving average, li
Published 01 Sep, 2015 12:00am
Palm oil rises
Currency

Palm oil rises

Malaysian palm oil futures ended higher on Friday, posting their first weekly gain after eight consecutive weekly declines, on the back of other commodity markets and a weaker ringgit. The benchmark palm oil contract for November on the Bursa Malaysia Der
Published 29 Aug, 2015 12:00am
Palm oil surges
Vegetable Oil

Palm oil surges

Malaysian palm oil futures traded higher on Thursday after six sessions of losses, tracking global equity and commodities markets and as the recent selloff brought down palm prices to an attractive level for buyers. The benchmark palm oil contract for Nov
Published 28 Aug, 2015 12:00am
Palm oil slides
Vegetable Oil

Palm oil slides

Malaysian palm oil futures declined for a sixth session on Wednesday, as weakness in external markets sapped appetite for the edible oil while a weak ringgit offered little support. The benchmark palm oil contract for November on the Bursa Malaysia Deriva
Published 27 Aug, 2015 12:00am
European vegoils prices tumble on Chinese economy woes
Vegetable Oil

European vegoils prices tumble on Chinese economy woes

European vegetable oil prices slid on Monday, as anxiety over a slowdown in the Chinese economy triggered a sharp sell-off across commodity markets. Asking prices for rapeseed oil were cut by up to 28 euros. The September/October position last traded at 6
Published 27 Aug, 2015 12:00am
Palm oil declines
Vegetable Oil

Palm oil declines

Malaysian palm oil futures continued their decline for a fifth straight day to hit their lowest in nearly six-and-a-half years on Tuesday, as traders focused more on weakness in competing markets than data showing stronger exports this month. By Tuesday's
Published 26 Aug, 2015 12:00am
Palm oil eases on European vegoils market
Vegetable Oil

Palm oil eases on European vegoils market

Palm oil on the European vegetable oils market eased further on Friday, reflecting worries over Chinese economic growth and further weakness in soyaoil due to beneficial US Midwest weather. "Palm oil came down with all the other segments of the European c
Published 25 Aug, 2015 12:00am
Palm oil falls nearly 6-1/2-year low
Vegetable Oil

Palm oil falls nearly 6-1/2-year low

Malaysian palm oil futures extended earlier losses to fall more than 4 percent on Monday as the tropical oil tracked other global markets lower on concerns about the Chinese economy. At the close, the benchmark palm oil contract for November on the Bursa
Published 25 Aug, 2015 12:00am
Canadian wheat, canola output seen smaller than expected
Vegetable Oil

Canadian wheat, canola output seen smaller than expected

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 Statistics Canada's first crop output report of the year. Statscan on Friday pegged the all-wheat cr
Published 23 Aug, 2015 12:00am
Rapeoil eases on European vegoils market
Currency

Rapeoil eases on European vegoils market

Rapeoil on the European vegetable oils market fell on Wednesday due to weak demand and ample supply. Rapeoil was offered between three and five euros per tonne down from Tuesday, following the trend in CBOT soyaoil and rapeseed futures, which dipped on th
Published 23 Aug, 2015 12:00am