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benchmark palm oil

Malaysian palm oil rises

Malaysian palm oil rises

KUALA LUMPUR: Malaysian palm oil futures rose on Friday and were on course for a third straight annual gain, with...
Published 02 Jan, 2022 05:05am
Palm ends over 2pc higher
Markets

Palm ends over 2pc higher

KUALA LUMPUR: Malaysian palm oil futures closed more than 2% higher on Monday, paring losses from the previous...
Published 07 Dec, 2021 06:29am
Palm snaps two-day climb
Markets

Palm snaps two-day climb

KUALA LUMPUR: Malaysian palm oil futures eased on Tuesday, ending two straight sessions of gains on slow export...
Published 25 Aug, 2021 04:43am
Palm oil supply and demand prospects halt two-week price decline
Markets

Palm oil supply and demand prospects halt two-week price decline

  • The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange slipped by 2 ringgit, or 0.05%, to 3,739 ringgit ($903.58) a tonne after rising as much as 1% earlier in the day. For the week, it was up 1.3%.
  • "Overall, the market is anticipating April exports to be a tad better versus March. With tight end-stocks and better than expected exports, prices are expected to remain firmer," he added.
Published 02 Apr, 2021 07:10pm
Palm drops to five-week low on weak rival oils, sluggish demand
Markets

Palm drops to five-week low on weak rival oils, sluggish demand

  • The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange dropped 4.6% to 3,574 ringgit ($861.41) a tonne at closing time, the lowest closing level since Feb. 22.
  • Palm oil tracked rival soyoil down as soy was pressured by an upbeat planting outlook in the U.S, a palm oil trader in Kuala Lumpur said.
Published 30 Mar, 2021 05:59pm
Palm edges up, tracking rival oils as Argentine exports slow
Markets

Palm edges up, tracking rival oils as Argentine exports slow

  • The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange rose 34 ringgit, or 1%, to 3,569 ringgit ($879.28) a tonne.
  • CBOT soyoil climbed 1.3%, while soy and palm oils on the Dalian Commodity Exchange rose 3.5% and 5.2%, respectively.
Published 24 Dec, 2020 05:59pm