Trends - Malaysian palm oil - Business Recorder

Malaysian palm oil

Palm oil ticks up on soyoil strength, low inventory forecast

March end-stocks seen only 1.3% higher.
April crude palm oil prices seen at 3,500-4,000 rgt/t. -analyst
End-2021 stocks likely to fall for third year – MPOC.

Published 05 Apr, 2021 05:44pm

Markets

Palm oil set for third straight weekly loss

For the week so far, the contract is down 0.3%.

Published 02 Apr, 2021 12:24pm

Markets

Palm heads for weekly gain as market recoups losses on tight supply hopes

Prices of rival soybeans rose to their highest in nearly a month on Thursday after the US Department of Agriculture's planting intentions report pegged soybean acreage well below expectations.

Published 02 Apr, 2021 11:03am

Markets

Palm drops as rival oils drag; March exports, output data eyed

The contract is set to post a monthly decline in March.

Published 31 Mar, 2021 02:22pm

Markets

Palm drops as rival oils drag; March exports data underpin

Meanwhile, Dalian's most-active soyoil contract slumped 3.45% and its palm oil contract lost 2.06%. Soyoil prices on the Chicago Board of Trade rebounded with a 0.67%.

Published 31 Mar, 2021 12:51pm

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

Markets

Palm oil falls more than 4pc

SINGAPORE: Malaysian palm oil futures extended losses, falling 4.4% to a three-week

Published 27 Mar, 2021 05:41am

Markets

Palm ends two-day gain on demand concerns, higher production outlook

Dalian's most-active soyoil contract gained 0.6%, while its palm oil contract rose 0.3%. Soyoil prices on the Chicago Board of Trade fell 0.6%.

Published 24 Mar, 2021 01:01pm

Markets

Palm oil jumps 3pc as March export data improves

KUALA LUMPUR: Malaysian palm oil futures climbed 3% on Monday, snapping a two-day decline, as an uptick in exports...

Updated 23 Mar, 2021 05:15pm

Markets

Palm slides to two-week low on higher supply outlook

Palm oil is affected by price movements in related oils as they compete for a share in the global vegetable oils market.

Published 19 Mar, 2021 11:28am

Markets

Palm reverses early losses, climbs to 13-year high on supply squeeze

Palm oil extends five-day rally to highest since March 2008.
March 1-10 exports fell 22% m/m.
Feb-end stocks, output fell more than expected.

Published 10 Mar, 2021 05:34pm

Markets

Palm oil ends at 10-year high

KUALA LUMPUR: Malaysian palm oil futures on Tuesday rose for a fifth straight day to close at a 10-year high, as it...

Published 10 Mar, 2021 04:59am

Markets

Palm oil gains for fifth straight day on stronger soyoil, crude

Palm touched 10-year highs on Monday before closing 3.6% higher.

Published 09 Mar, 2021 10:42am

Markets

Palm oil firms for third day, rising stocks forecast caps gains

Palm has gained 1.4% so far this week.

Published 05 Mar, 2021 11:16am

Markets

Palm ends three-day loss tracking soyoil, rising stocks outlook weigh

The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange closed up 37 ringgit, or 1.02%, at 3,679 ringgit ($908.62) a tonne.
CGS-CIMB pegged crude palm oil output at 1.13 million tonnes, little changed from the previous month.

Published 03 Mar, 2021 05:52pm

Markets

Palm falls for third day on expectations of rising stockpile

Meanwhile, Dalian's most-active soyoil contract fell 1%, while its palm oil contract slipped 3.5%. Soyoil prices on the Chicago Board of Trade were down 1.1%.

Published 02 Mar, 2021 01:26pm

Markets

Palm extends three-day rally on tight supply, stronger rival oils

Soyoil prices on the Chicago Board of Trade were up 0.2%. Dalian's most-active soyoil contract rose 1.8%, while its palm oil contract gained 2.3%.

Published 24 Feb, 2021 02:20pm

Markets

Malaysian palm oil ends higher

KUALA LUMPUR: Malaysian palm oil futures firmed for a second consecutive day on Monday, tracking higher rival oils...

Published 23 Feb, 2021 05:20am

Markets

Palm rises for second day as rival soy, Dalian oils gain

Soyoil prices on the Chicago Board of Trade were up 0.5%. Dalian's most-active soyoil contract and its palm oil contract both gained 2.4%.

Published 22 Feb, 2021 11:45am

Markets

Palm oil rises on bargain buying

KUALA LUMPUR: Malaysian palm oil futures closed 1% higher on Friday, on bargain buying and strength in rival ...

Updated 20 Feb, 2021 06:27pm

Markets

Palm oil gains on overnight Chicago soy strength

Palm oil is affected by price movements in related oils as they compete for a share in the global vegetable oils market.

Published 04 Feb, 2021 11:06am

Markets

Malaysia palm reverses gains to catch up with cheaper rivals

Meanwhile, Indonesia set crude palm oil reference prices higher for February, increasing both export tax and levies.

Published 29 Jan, 2021 11:00am

Markets

Palm extends losses on cheaper rival oils

Meanwhile, Dalian's most-active soyoil contract fell 1.4% and its palm oil contract dropped 0.8%.

Published 25 Jan, 2021 12:48pm

Markets

Palm ends two-day decline as floods raise supply worries

Palm oil prices are forecast to average at 2,800 ringgit ($694.96) a tonne this year, its highest since 2012, according to the poll.

Published 21 Jan, 2021 08:38pm

Markets

Palm bounces back as floods raise output concerns

Palm climbs 2% after falling to over 2-month low.
Market anticipates lower production due to floods.

Published 21 Jan, 2021 11:49am

Markets

Palm extends falls on expectation of further drop in exports

Palm declined 2.5% in the previous session to hit its lowest close in nearly two months.

Published 20 Jan, 2021 11:47am

Markets

Palm oil snaps 5-day losing streak on fears of lower output

Palm ends five-day decline.
Contract logs lowest closing since Dec. 3.
Demand low, supply tight –broker.

Published 18 Jan, 2021 06:02pm

Markets

Palm oil snaps five-day decline on bargain-hunting

The contract slipped nearly 11% last week as cargo surveyors reported a 42% monthly decline in exports during Jan. 1-15.

Published 18 Jan, 2021 10:43am

Markets

Palm oil climbs for fourth week on hopes of December supply squeeze

Palm logs 6% weekly rise, up for fourth straight week.
Market awaiting fresh data for catalyst -analyst.

Published 08 Jan, 2021 05:49pm

Markets

Palm oil climbs 3pc, holds near 10-year high as soyoil surges on supply worries

Palm extends rally for sixth day.
Low inventory, floods to support Jan palm prices –analyst.
High palm prices may hurt export demand.

Published 06 Jan, 2021 04:50pm

Gainers
Losers
Leaders

Stock	Price
Trust Mod. / Mar 23 Trust Modaraba(TRSM)	1.55 ▲ 0.33 (27.05%)
Pak Gulf Leasing / Mar 23 Pak-Gulf Leasing Company Limited(PGLC)	6.20 ▲ 0.55 (9.73%)
Premier Insurance / Mar 23 Premier Insurance Limited(PINL)	6.80 ▲ 0.55 (8.80%)
Hala Enterprise / Mar 23 Hala Enterprises Limited(HAEL)	6.90 ▲ 0.53 (8.32%)
Bal. Wheel / Mar 23 Baluchistan Wheels Limited(BWHL)	61.38 ▲ 4.28 (7.50%)
Khyber Tex. / Mar 23 Khyber Textile Mills Limited(KHYT)	276.84 ▲ 19.31 (7.50%)
Pak Tobacco / Mar 23 Pakistan Tobacco Company Limited(PAKT)	717.60 ▲ 50.05 (7.50%)
Shield Corp. / Mar 23 Shield Corporation Limited(SCL)	227.90 ▲ 15.90 (7.50%)
Sapphire Fibres / Mar 23 Sapphire Fibres Limited(SFL)	954.79 ▲ 66.61 (7.50%)
Towellers Ltd. / Mar 23 Towellers Limited(TOWL)	219.35 ▲ 15.30 (7.50%)

Stock	Price
Jubilee Spinning / Mar 23 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	2.92 ▼ -0.49 (-14.37%)
Saritow Spinning / Mar 23 Saritow Spinning Mills Limited(SSML)	4.18 ▼ -0.39 (-8.53%)
First Pak Mod. / Mar 23 First Pak Modaraba(PAKMI)	1.40 ▼ -0.12 (-7.89%)
Samba Bank / Mar 23 Samba Bank Limited(SBL)	7 ▼ -0.60 (-7.89%)
Dawood Equities / Mar 23 Dawood Equities Limited(DEL)	3.81 ▼ -0.32 (-7.75%)
Engro Poly(Pref / Mar 23 Engro Poly(Pref)(EPCLPS)	11.98 ▼ -1.00 (-7.70%)
Siddiqsons Tin / Mar 23 Siddiqsons Tin Plate Limited(STPL)	6.30 ▼ -0.52 (-7.62%)
Balochistan Glass / Mar 23 Balochistan Glass Limited(BGL)	12.30 ▼ -1.00 (-7.52%)
S.S.Oil / Mar 23 S.S.Oil Mills Limited(SSOM)	99.30 ▼ -8.05 (-7.50%)
Pakistan Services / Mar 23 Pakistan Services Limited(PSEL)	1188 ▼ -95.90 (-7.47%)

Stock	Volume
Fauji Cement / Mar 23 Fauji Cement Company Limited(FCCL)	17,466,000 ▼ -0.15
WorldCall Telecom / Mar 23 Worldcall Telecom Limited(WTL)	11,070,759 ▼ -0.01
Thatta Cement / Mar 23 Thatta Cement Company Limited(THCCL)	9,211,500 ▼ -0.26
Fauji Foods Ltd / Mar 23 Fauji Foods Limited(FFL)	7,739,024 ▼ -0.07
Ghani Glo Hol / Mar 23 Ghani Global Holdings Limited(GGL)	5,924,540 ▼ -0.65
Telecard Limited / Mar 23 Telecard Limited(TELE)	5,534,500 ▼ -0.49
Cnergyico PK / Mar 23 Cnergyico PK Limited(CNERGY)	4,848,036 ▼ -0.11
Unity Foods Ltd / Mar 23 Unity Foods Limited(UNITY)	4,691,640 ▼ -0.61
Pak Elektron / Mar 23 Pak Elektron Limited(PAEL)	4,522,500 ▼ -0.47
Hascol Petrol / Mar 23 Hascol Petroleum Limited(HASCOL)	4,470,500 ▼ -0.28

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 22	285.50
USD PKR Interbank Buying / Mar 22	283.20
USD to Japanese Yen / Mar 22	132.42
USD to Swiss Franc / Mar 22	0.92
Pound Sterling to USD / Mar 22	1.22
Euro to USD / Mar 22	1.08
UK LIBOR % / Mar 21	4.56

Stock	Volume
S&P 500 / Mar 21	4002.87
Nasdaq / Mar 21	11860.11
Dow Jones / Mar 21	32560.60
India Sensex / Mar 22	58214.59
Tokyo Nikkei / Mar 22	27466.61
Hang Seng / Mar 22	19591.43
FTSE 100 / Mar 22	7515.89
Germany DAX 30 / Mar 22	15179.43
France CAC40 / Mar 22	7097.16

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	19235
Gold 10 Grams PKR / Mar 21	177726
Crude Oil USD/Barrel / Mar 22	69.01
Gold Spot USD/Ounce / Mar 22	1940.41
Cotton US¢/pound / Mar 22	77.98

Malaysian palm oil

Most Popular Articles