Trends - Malaysian palm oil - Business Recorder

Malaysian palm oil

Malaysian palm oil giant accused of mistreating workers

KUALA LUMPUR: Migrant workers employed by a Malaysian palm oil giant have faced mistreatment ranging from physical...

Published 01 Jul, 2021 04:09am

Markets

Palm oil hits near three-week high

KUALA LUMPUR: Malaysian palm oil futures closed at a near three-week peak on Wednesday, after the world’s biggest...

Published 01 Jul, 2021 04:09am

Markets

Palm oil ends at two-week high

KUALA LUMPUR: Malaysian palm oil futures closed at a two-week peak on Tuesday, reversing early losses, buoyed by...

Published 30 Jun, 2021 03:54am

Business & Finance

Palm oil gains over 2%, logs first weekly gain in three

Palm logs 2.8% weekly rise
June 1-25 exports rose between 3.4% and 7.5% m/m

Published 25 Jun, 2021 05:50pm

Markets

Malaysian palm oil rises

KUALA LUMPUR: Malaysian palm oil futures ended over 1% higher on Wednesday, lifted by signs of improving demand and...

Published 24 Jun, 2021 03:36am

BR Research

Palm oil prices ease – GST concerns rise

Observers have been keeping a close eye on what is happening at the Malaysian palm oil trade counters. Having ...

Published 23 Jun, 2021 07:35am

Markets

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

Gainers
Losers
Leaders

Stock	Price
Trust Mod. / Mar 22 Trust Modaraba(TRSM)	1.55 ▲ 0.33 (27.05%)
Pak Gulf Leasing / Mar 22 Pak-Gulf Leasing Company Limited(PGLC)	6.20 ▲ 0.55 (9.73%)
Premier Insurance / Mar 22 Premier Insurance Limited(PINL)	6.80 ▲ 0.55 (8.80%)
Hala Enterprise / Mar 22 Hala Enterprises Limited(HAEL)	6.90 ▲ 0.53 (8.32%)
Bal. Wheel / Mar 22 Baluchistan Wheels Limited(BWHL)	61.38 ▲ 4.28 (7.50%)
Khyber Tex. / Mar 22 Khyber Textile Mills Limited(KHYT)	276.84 ▲ 19.31 (7.50%)
Pak Tobacco / Mar 22 Pakistan Tobacco Company Limited(PAKT)	717.60 ▲ 50.05 (7.50%)
Shield Corp. / Mar 22 Shield Corporation Limited(SCL)	227.90 ▲ 15.90 (7.50%)
Sapphire Fibres / Mar 22 Sapphire Fibres Limited(SFL)	954.79 ▲ 66.61 (7.50%)
Towellers Ltd. / Mar 22 Towellers Limited(TOWL)	219.35 ▲ 15.30 (7.50%)

Stock	Price
Jubilee Spinning / Mar 22 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	2.92 ▼ -0.49 (-14.37%)
Saritow Spinning / Mar 22 Saritow Spinning Mills Limited(SSML)	4.18 ▼ -0.39 (-8.53%)
First Pak Mod. / Mar 22 First Pak Modaraba(PAKMI)	1.40 ▼ -0.12 (-7.89%)
Samba Bank / Mar 22 Samba Bank Limited(SBL)	7 ▼ -0.60 (-7.89%)
Dawood Equities / Mar 22 Dawood Equities Limited(DEL)	3.81 ▼ -0.32 (-7.75%)
Engro Poly(Pref / Mar 22 Engro Poly(Pref)(EPCLPS)	11.98 ▼ -1.00 (-7.70%)
Siddiqsons Tin / Mar 22 Siddiqsons Tin Plate Limited(STPL)	6.30 ▼ -0.52 (-7.62%)
Balochistan Glass / Mar 22 Balochistan Glass Limited(BGL)	12.30 ▼ -1.00 (-7.52%)
S.S.Oil / Mar 22 S.S.Oil Mills Limited(SSOM)	99.30 ▼ -8.05 (-7.50%)
Pakistan Services / Mar 22 Pakistan Services Limited(PSEL)	1188 ▼ -95.90 (-7.47%)

Stock	Volume
Fauji Cement / Mar 22 Fauji Cement Company Limited(FCCL)	17,466,000 ▼ -0.15
WorldCall Telecom / Mar 22 Worldcall Telecom Limited(WTL)	11,070,759 ▼ -0.01
Thatta Cement / Mar 22 Thatta Cement Company Limited(THCCL)	9,211,500 ▼ -0.26
Fauji Foods Ltd / Mar 22 Fauji Foods Limited(FFL)	7,739,024 ▼ -0.07
Ghani Glo Hol / Mar 22 Ghani Global Holdings Limited(GGL)	5,924,540 ▼ -0.65
Telecard Limited / Mar 22 Telecard Limited(TELE)	5,534,500 ▼ -0.49
Cnergyico PK / Mar 22 Cnergyico PK Limited(CNERGY)	4,848,036 ▼ -0.11
Unity Foods Ltd / Mar 22 Unity Foods Limited(UNITY)	4,691,640 ▼ -0.61
Pak Elektron / Mar 22 Pak Elektron Limited(PAEL)	4,522,500 ▼ -0.47
Hascol Petrol / Mar 22 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

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