AIRLINK 76.15 Increased By ▲ 1.75 (2.35%)
BOP 4.86 Decreased By ▼ -0.09 (-1.82%)
CNERGY 4.31 Decreased By ▼ -0.03 (-0.69%)
DFML 46.65 Increased By ▲ 1.92 (4.29%)
DGKC 89.25 Increased By ▲ 1.98 (2.27%)
FCCL 23.48 Increased By ▲ 0.58 (2.53%)
FFBL 33.36 Increased By ▲ 1.71 (5.4%)
FFL 9.35 Decreased By ▼ -0.01 (-0.11%)
GGL 10.10 No Change ▼ 0.00 (0%)
HASCOL 6.66 Decreased By ▼ -0.11 (-1.62%)
HBL 113.77 Increased By ▲ 0.17 (0.15%)
HUBC 143.90 Increased By ▲ 3.75 (2.68%)
HUMNL 11.85 Decreased By ▼ -0.06 (-0.5%)
KEL 4.99 Increased By ▲ 0.12 (2.46%)
KOSM 4.40 No Change ▼ 0.00 (0%)
MLCF 38.50 Increased By ▲ 0.10 (0.26%)
OGDC 133.70 Increased By ▲ 0.90 (0.68%)
PAEL 25.39 Increased By ▲ 0.94 (3.84%)
PIBTL 6.75 Increased By ▲ 0.22 (3.37%)
PPL 120.01 Increased By ▲ 0.37 (0.31%)
PRL 26.16 Increased By ▲ 0.28 (1.08%)
PTC 13.89 Increased By ▲ 0.14 (1.02%)
SEARL 57.50 Increased By ▲ 0.25 (0.44%)
SNGP 66.30 Decreased By ▼ -0.10 (-0.15%)
SSGC 10.10 Decreased By ▼ -0.05 (-0.49%)
TELE 8.10 Increased By ▲ 0.15 (1.89%)
TPLP 10.61 Decreased By ▼ -0.03 (-0.28%)
TRG 62.80 Increased By ▲ 1.14 (1.85%)
UNITY 26.95 Increased By ▲ 0.32 (1.2%)
WTL 1.34 Decreased By ▼ -0.02 (-1.47%)
BR100 7,957 Increased By 122.2 (1.56%)
BR30 25,700 Increased By 369.8 (1.46%)
KSE100 75,878 Increased By 1000.4 (1.34%)
KSE30 24,343 Increased By 355.2 (1.48%)

Palm_OilROTTERDAM: Palm oil prices on the European vegetable oil market eased slightly on Thursday following a stronger dollar and concerns about the global economy, market sources said.

"It was a bit of a difficult market with palm oil futures closing down but off the lows, and most players were holding back waiting for the outcome of a meeting by EU leaders about the euro crisis," one broker said.

Palm oil was offered between flat and $7.50 a tonne down from Wednesday after Malaysian palm oil futures closed down 20-30 ringgit per tonne but still well off the lows.

Jan/March RBD palm olein traded $7.50 down from Wednesday at between $960 and $980 a tonne fob Malaysia, and April/June changed hands between $965 and $985, down $2.50. November shipment crude palm oil fetched $995 a tonne cif Rotterdam.

At 1630 GMT CBOT soyoil futures were between 0.20 and 0.64 cents per lb down due partly to weaker mineral oil levels.

Liquid oils were offered between 5 and 15 euros per tonne down from Wednesday following CBOT soyoil, weak mineral oil and lower rapeseed futures. EU rapeoil changed hands between 910 and 915 euros a tonne fob exmill for Nov/Jan, while Feb/April traded 5 euros down from Wednesday between 912 and 920 euros, and May/July traded between 910 and 917 euros fob.

Lauric oils were offered between $10 a tonne up and $10 down from Wednesday, with asking prices hardly tested and no deals were reported.

Copyright Reuters, 2011

Comments

Comments are closed.