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Oil Palm

Palm oil may fall to 4,273 ringgit
Markets

Palm oil may fall to 4,273 ringgit

  • On the daily chart, the contract reapproached a strong resistance zone of 4,486 ringgit to 4,576 ringgit, formed by the 2008 high and a 161.8% projection level.
Published 19 May, 2021 12:08pm
Palm oil may rise to 4,369 ringgit
Markets

Palm oil may rise to 4,369 ringgit

  • This fall looks like a pullback towards the March 15 high of 4,192 ringgit, around which, the contract is stabilizing, as suggested by the doji forming on Monday.
Published 18 May, 2021 11:01am
Palm oil jumps 5pc
Markets

Palm oil jumps 5pc

SINGAPORE: Malaysian palm oil futures jumped 5% on Friday, climbing to their highest level since 2008 and recording...
Published 08 May, 2021 03:30am
Palm oil targets 4,130-4,169 ringgit range
Markets

Palm oil targets 4,130-4,169 ringgit range

  • On the daily chart, the contract managed to close above a resistance at 4,026 ringgit for three days. It has escaped from a consolidation range of 3,856-4,026 ringgit, which suggests a target of 4,400 ringgit.
Published 06 May, 2021 11:59am
Palm oil futures down
Markets

Palm oil futures down

KUALA LUMPUR/SINGAPORE: Malaysian palm oil futures fell on Friday, snapping three straight sessions of gains, after...
Published 24 Apr, 2021 03:21am
US oil may fall to $59.78
Markets

US oil may fall to $59.78

  • A break above $61.35 may lead to a gain to $62.62. On the daily chart, oil has broken a support at $61.74.
Published 22 Apr, 2021 12:29pm
Palm oil climbs 2pc
Markets

Palm oil climbs 2pc

KUALA LUMPUR: Malaysian palm oil futures jumped more than 2% on Tuesday, boosted by stronger crude and competing...
Published 21 Apr, 2021 03:21am