Trends - Malaysian palm oil - Business Recorder

Malaysian palm oil

Palm jumps 3% on boost to Chinese import margins from recent weak prices

Top producer Indonesia on Monday announced that it would change the levy structure for palm oil exports

Published 22 Jun, 2021 10:50am

Markets

Palm oil reverses gains

SINGAPORE: Malaysian palm oil futures reversed earlier gains to fall 1% on Thursday, as top buyer India put its...

Published 20 Jun, 2021 03:39am

Markets

Palm reverses gains as India puts import tax cut plans on hold

Soybean oil prices on the Dalian Commodity Exchange meanwhile dropped 1.7%, while the palm oil contract fell 1.4%.

Published 17 Jun, 2021 04:56pm

Markets

Palm reverses early fall as India lowers base prices

Soybean oil prices on the Dalian Commodity Exchange dropped 1.7%, while the palm oil contract fell 1.8%.

Published 17 Jun, 2021 11:50am

Markets

Palm loses more than 2% on weaker soyoil prices

The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange dropped 2.51% to 3,453 ringgit ($838.72) a tonne.

Published 16 Jun, 2021 11:10am

Markets

Palm oil extends losses for fifth day on weaker rivals

Dalian's most-active soyoil contract fell 1%, while its palm oil contract slipped 2.3%. Soyoil prices on the CBOT slid 0.3%.

Published 11 Jun, 2021 01:47pm

Markets

Palm oil drops 4% on forecasts of higher output, stockpiles

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

Published 08 Jun, 2021 10:51am

Markets

Palm oil falls 2pc as export pace slows, Indonesia taxes weigh

Indonesia's June export taxes higher at $183 per tonne.
Malaysian exports in May rise 1.6% m/m.
Malaysia to enter two-week lockdown starting Tuesday.

Published 31 May, 2021 06:17pm

Markets

Palm oil set for first daily gain after four-day losing streak

The contract slumped 11% last week, the sharpest in a year, as a resurgence in COVID-19 cases and lockdown measures in India hit demand.

Published 25 May, 2021 12:39pm

Markets

Palm clocks 11pc weekly fall on higher output hopes, lockdown fears

Palm logs 11% weekly drop, biggest in one year.
Palm hits lowest since May 4, down for 3rd session.
Stricter lockdown in Malaysia could curb consumption.

Published 21 May, 2021 04:35pm

Markets

Palm hits two-week low on worries over demand, lockdown

Dalian's most-active soyoil contract fell 1.9%, while its palm oil contract was down 2.2%. Soyoil prices on the Chicago Board of Trade slid 0.4%.

Published 21 May, 2021 11:46am

Markets

Palm oil extends losses on weaker rival edible oils; focus on export data

Palm fell for a second consecutive session after rallying 5% on Tuesday.

Published 20 May, 2021 11:17am

Markets

Palm slips 3.5pc on higher export tax reference price, weaker rivals

The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange closed down 157 ringgit, or 3.52%, at 4,300 ringgit ($1,039.65) a tonne, its biggest one-day percentage fall in seven weeks.

Published 19 May, 2021 05:05pm

Markets

Palm drops after sharp climb as crude, weaker edible oils weigh

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

Published 19 May, 2021 11:39am

Markets

Palm set for biggest weekly gain in two decades on supply worries

Dalian's most-active soyoil contract rose 1.8%, while its palm oil contract gained 2.4%. Soyoil prices on the Chicago Board of Trade were up 1%.

Published 07 May, 2021 11:44am

Markets

Palm oil closes at 13-year high as concerns over supply support

The benchmark palm oil contract on the Bursa Malaysia Derivatives Exchange finished up 166 ringgit, or 4.1%, to 4,210 ringgit ($1,021.84) a tonne.
"Demand is better, with palm being the cheapest vis-a-vis other competing oils. Thus, we anticipate prices to remain both defensive and firmer," he added.

Updated 06 May, 2021 05:08pm

Markets

Palm oil rises 5% on stronger soyoil, higher April exports

The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange gained 194 ringgit.

Published 03 May, 2021 12:21pm

Markets

Palm oil rallies to one-month peak on tight production, higher soyoil

Palm hits highest since March 23.
Price spread between soyoil and palm oil widening.

Published 22 Apr, 2021 04:59pm

Markets

Palm oil climbs 2pc tracking crude, soyoil

Malaysia's April 1-20 exports rise between 10% and 13% m/m.
Market looks to soyoil, sunflower oil for direction – trader.

Published 20 Apr, 2021 05:14pm

Markets

Palm drops 1% on virus-led demand worries, cheaper soyoil

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

Published 19 Apr, 2021 11:47am

Markets

Palm reverses early gains on higher output, container shortage

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

Published 14 Apr, 2021 12:12pm

Markets

Palm tracks rival soyoil higher; rise in inventory, output limit gains

The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange rose 25 ringgit, or 0.68%, to 3,675 ringgit ($888.97) a tonne by the midday break, after falling 3% in the previous session.

Published 13 Apr, 2021 01:13pm

Markets

Palm oil posts second weekly gain

KUALA LUMPUR: Malaysian palm oil futures reversed early gains to end lower on Friday, but posted a second straight...

Published 10 Apr, 2021 04:34am

Markets

Palm set for 3% weekly rise on prospects of strong demand, tight supply

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

Published 09 Apr, 2021 10:55am

Markets

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

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Feb 9 786 Investments Limited(786)	4.81 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Feb 9 Al-Abbas Sugar Mills Limited(AABS)	365.50 ▼ 0.00 (0.00%)
Agro Allianz / Feb 9 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Feb 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Feb 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Feb 9 Allied Bank Limited(ABL)	67 ▼ 0.00 (0.00%)
Abbott Lab. / Feb 9 Abbott Laboratories (Pakistan) Limited(ABOT)	423.36 ▼ 0.00 (0.00%)
Abson Ind. / Feb 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Feb 9 Alfalah Consumer Index ETF.(ACIETF)	6.39 ▼ 0.00 (0.00%)
Attock Cement / Feb 9 Attock Cement Pakistan Limited(ACPL)	57.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Feb 9 786 Investments Limited(786)	4.81 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Feb 9 Al-Abbas Sugar Mills Limited(AABS)	365.50 ▼ 0.00 (0.00%)
Agro Allianz / Feb 9 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Feb 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Feb 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Feb 9 Allied Bank Limited(ABL)	67 ▼ 0.00 (0.00%)
Abbott Lab. / Feb 9 Abbott Laboratories (Pakistan) Limited(ABOT)	423.36 ▼ 0.00 (0.00%)
Abson Ind. / Feb 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Feb 9 Alfalah Consumer Index ETF.(ACIETF)	6.39 ▼ 0.00 (0.00%)
Attock Cement / Feb 9 Attock Cement Pakistan Limited(ACPL)	57.07 ▼ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Feb 9 Worldcall Telecom Limited(WTL)	64,461,125 ▼ 0.00
Oil & Gas Dev. / Feb 9 Oil & Gas Development Company Limited(OGDC)	22,259,031 ▼ 0.00
Pak Petroleum / Feb 9 Pakistan Petroleum Limited(PPL)	15,889,192 ▼ 0.00
Lotte Chemical / Feb 9 Lotte Chemical Pakistan Limited(LOTCHEM)	13,157,316 ▼ 0.00
K-Electric Ltd. / Feb 9 K-Electric Limited(KEL)	11,849,779 ▼ 0.00
Ghani Glo Hol / Feb 9 Ghani Global Holdings Limited(GGL)	10,987,823 ▼ 0.00
Habib Bank / Feb 9 Habib Bank Limited(HBL)	8,611,564 ▼ 0.00
The Searle Co. / Feb 9 The Searle Company Limited(SEARL)	8,431,550 ▼ 0.00
Sui North Gas / Feb 9 Sui Northern Gas Pipelines Limited(SNGP)	8,311,046 ▼ 0.00
Pak Refinery / Feb 9 Pakistan Refinery Limited(PRL)	7,891,245 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 8	275.30
USD PKR Interbank Buying / Feb 8	273.30
USD to Japanese Yen / Feb 8	131.36
USD to Swiss Franc / Feb 8	0.92
Pound Sterling to USD / Feb 8	1.21
Euro to USD / Feb 8	1.07
UK LIBOR % / Feb 8	4.55

Stock	Volume
S&P 500 / Feb 8	4117.86
India Sensex / Feb 8	60663.79
Tokyo Nikkei / Feb 8	27606.46
Nasdaq / Feb 8	11910.52
Hang Seng / Feb 8	21283.52
FTSE 100 / Feb 8	7885.17
Dow Jones / Feb 8	33949.01
Germany DAX 30 / Feb 8	15412.05
France CAC40 / Feb 8	7119.83

Item	Value
Crude Oil USD/Barrel / Feb 8	78.47
Karachi Cotton PKR/37.32 KG / Feb 8	22235
Gold 10 Grams PKR / Feb 8	169753
Gold Spot USD/Ounce / Feb 8	1875.49
Cotton US¢/pound / Feb 8	85.37

Malaysian palm oil

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