Trends - Palm Oil - Business Recorder

Palm Oil

Palm surges to highest in one week on output concerns

KUALA LUMPUR/JAKARTA: Malaysian palm oil futures extended gains for a fourth day on Thursday to their highest in...

Published 30 Mar, 2023 11:09am

Markets

Palm oil may rise into 3,773-3,810 ringgit

SINGAPORE: Palm oil may rise into a range of 3,773 ringgit to 3,810 ringgit per tonne to fill a gap forming on March...

Published 30 Mar, 2023 10:15am

Markets

Palm oil climbs to one-week peak on output worries

KUALA LUMPUR: Malaysian palm futures reversed early gains on Wednesday in anticipation of tightening production,...

Published 30 Mar, 2023 06:35am

Markets

Palm oil eases after 2-day rally on fading premium worries

KUALA LUMPUR: Malaysian palm futures eased on Wednesday after rising for two straight sessions, as a report...

Published 29 Mar, 2023 12:20pm

Markets

Palm oil may rise into 3,773-3,810 ringgit

SINGAPORE: Palm oil may rise into a range of 3,773 ringgit to 3,810 ringgit per tonne to cover a gap forming on...

Published 29 Mar, 2023 09:51am

Markets

Palm oil gains 3pc, hits one-week closing high

SINGAPORE: Malaysian palm oil futures rose more than 3% on Tuesday to their highest closing in one week, tracking...

Published 29 Mar, 2023 06:27am

Markets

Palm oil may rise into 3,690-3,773 ringgit

SINGAPORE: Palm oil may rise into a range of 3,690-3,773 ringgit per tonne, as it has stabilised around a support of...

Published 28 Mar, 2023 10:42am

Markets

Palm oil snaps seven-day decline

SINGAPORE: Malaysian palm oil futures closed higher on Monday, after falling for the last seven consecutive trading...

Published 28 Mar, 2023 06:21am

Markets

Palm oil may fall to 3,420 ringgit

SINGAPORE: Palm oil may break a support of 3,494 ringgit and fall to 3,420 ringgit per tonne, to complete a wave c....

Published 27 Mar, 2023 10:21am

Business & Finance

Malaysian CG says 10,000 Pakistani products included in FTAs

KARACHI: Consul General of Malaysia, Harman Hardaynta bin Ahmed has said that more than 10,000 Pakistani products ...

Published 25 Mar, 2023 06:25am

Markets

Palm recoups early losses, but set for biggest weekly drop in 4 months

KUALA LUMPUR: Malaysian palm oil futures recouped early losses on Friday, but were set for their biggest weekly drop...

Published 24 Mar, 2023 10:40am

Markets

Palm oil may drop to 3,420 ringgit

SINGAPORE: Palm oil may drop to 3,420 ringgit per tonne, as suggested by a projection analysis. The contract has...

Published 24 Mar, 2023 10:13am

Markets

Palm oil may test support at 3,615 ringgit

SINGAPORE: Palm oil may test a support at 3,615 ringgit per tonne, a break below which could open the way towards...

Published 23 Mar, 2023 11:22am

Markets

Palm oil slumps more than 3pc to lowest closing in five months

KUALA LUMPUR: Malaysian palm oil futures tumbled more than 3 percent on Wednesday to close at their lowest in five...

Published 23 Mar, 2023 05:47am

Markets

Palm drops more than 3% to lowest in five months

KUALA LUMPUR: Malaysian palm oil futures tumbled on Wednesday to their lowest in five months, weighed down by sharp...

Published 22 Mar, 2023 01:08pm

Markets

Palm oil may test support at 3,736 ringgit

SINGAPORE: Palm oil may test a support at 3,736 ringgit per tonne, a break below which could open the way towards...

Published 22 Mar, 2023 10:15am

Markets

Malaysian palm oil futures unchanged

JAKARTA: Malaysian palm oil futures were unchanged on Tuesday after rising earlier in the day on bargain buying, but...

Published 22 Mar, 2023 06:24am

Markets

Palm snaps 3-day slide on overnight Chicago soyoil strength

JAKARTA: Malaysian palm oil futures rose on Tuesday after three straight sessions of losses, tracking overnight...

Published 21 Mar, 2023 10:31am

Markets

Palm oil may bounce further to 3,931 ringgit

SINGAPORE: Palm oil may bounce further to 3,931 ringgit per tonne, as suggested by its wave pattern and a falling...

Published 21 Mar, 2023 10:26am

Markets

Palm oil drops to over six-week low

JAKARTA: Malaysian palm oil futures fell for a third straight session on Monday to their lowest closing price in...

Published 21 Mar, 2023 06:29am

Markets

Palm oil may fall into 3,810-3,856 ringgit

SINGAPORE: Palm oil may break a support of 3,892 ringgit per tonne, and fall into a range of 3,810-3,856...

Published 20 Mar, 2023 10:34am

Markets

Palm posts second weekly loss on lower rival oils

JAKARTA: Malaysian palm oil futures fell for two consecutive weeks on Friday to the lowest in six weeks, tracking...

Published 20 Mar, 2023 06:12am

Markets

Palm edges higher on stronger rival oils, but set for weekly drop

JAKARTA: Malaysian palm oil futures were set for a second straight weekly drop on Friday, even as prices rose from a...

Published 17 Mar, 2023 12:31pm

Markets

Palm oil may retest support of 3,892 ringgit

SINGAPORE: Palm oil may retest a support of 3,892 ringgit per tonne, a break below which could trigger a fall into a...

Published 17 Mar, 2023 10:45am

Markets

Palm oil may fall into 3,810-3,856 ringgit after bounce

SINGAPORE: Palm oil may break a support of 3,892 ringgit per tonne, and fall into a range of 3,810-3,856 ringgit,...

Published 16 Mar, 2023 10:54am

Markets

Palm oil snaps 3-day losing streak as demand surges

KUALA LUMPUR: Malaysian palm oil futures snapped a three-day losing run on Wednesday on bargain buying amid strong...

Published 16 Mar, 2023 06:01am

Markets

Malaysia palm oil, rubber farmers file EU petition contesting deforestation law

KUALA LUMPUR: Malaysian palm oil and rubber smallholders on Wednesday filed a petition to the European Union to...

Published 15 Mar, 2023 01:41pm

Markets

Palm oil may bounce towards 4,089 ringgit

SINGAPORE: Palm oil may bounce towards a resistance at 4,089 ringgit per tonne, following its stabilization around a...

Published 15 Mar, 2023 11:12am

Markets

Palm oil closes at near one-month low on economic fears

KUALA LUMPUR: Malaysian palm oil futures fell for a third session on Tuesday, hitting their lowest closing in nearly...

Published 15 Mar, 2023 06:01am

Markets

Palm closes at near one-month low on economic fears, weaker rival oils

KUALA LUMPUR: Malaysian palm oil futures fell for a third session on Tuesday, hitting their lowest closing in nearly...

Published 14 Mar, 2023 04:59pm

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Mar 30 Chakwal Spinning Mills Limited(CWSM)	1.36 ▲ 0.20 (17.24%)
First IBL Mod. / Mar 30 First IBL Modaraba(FIBLM)	5.90 ▲ 0.60 (11.32%)
First Pak Mod. / Mar 30 First Pak Modaraba(PAKMI)	1.34 ▲ 0.13 (10.74%)
Dewan Sugar / Mar 30 Dewan Sugar Mills Limited(DWSM)	2.57 ▲ 0.23 (9.83%)
Unicap Modaraba / Mar 30 Unicap Modaraba(UCAPM)	1.77 ▲ 0.15 (9.26%)
Premier Insurance / Mar 30 Premier Insurance Limited(PINL)	7.50 ▲ 0.63 (9.17%)
B.R.R.Guardian / Mar 30 B.R.R. Guardian Modaraba(BRR)	12.04 ▲ 0.99 (8.96%)
Ismail Ind. / Mar 30 Ismail Industries Limited(ISIL)	518.26 ▲ 36.15 (7.50%)
Khyber Tex. / Mar 30 Khyber Textile Mills Limited(KHYT)	397.42 ▲ 27.72 (7.50%)
Suraj Cotton / Mar 30 Suraj Cotton Mills Limited(SURC)	102.53 ▲ 7.15 (7.50%)

Stock	Price
First Prudential Mod. / Mar 30 First Prudential Modaraba(PMI)	1.40 ▼ -0.24 (-14.63%)
Trust Mod. / Mar 30 Trust Modaraba(TRSM)	1.30 ▼ -0.20 (-13.33%)
Sapphire Fibres / Mar 30 Sapphire Fibres Limited(SFL)	1018 ▼ -82.00 (-7.45%)
Sardar Chemical / Mar 30 Sardar Chemical Industries Limited(SARC)	32 ▼ -2.55 (-7.38%)
Gadoon Textile / Mar 30 Gadoon Textile Mills Limited(GADT)	192.50 ▼ -15.30 (-7.36%)
Philip Morris Pak. / Mar 30 Philip Morris (Pakistan) Limited(PMPK)	461 ▼ -36.43 (-7.32%)
Pakistan Services / Mar 30 Pakistan Services Limited(PSEL)	876 ▼ -69.10 (-7.31%)
Shield Corp. / Mar 30 Shield Corporation Limited(SCL)	282 ▼ -22.00 (-7.24%)
Bal. Wheel / Mar 30 Baluchistan Wheels Limited(BWHL)	68.42 ▼ -5.18 (-7.04%)
JDW Sugar / Mar 30 JDW Sugar Mills Limited(JDWS)	356 ▼ -26.79 (-7.00%)

Stock	Volume
Telecard Limited / Mar 30 Telecard Limited(TELE)	12,447,500 ▼ -0.21
WorldCall Telecom / Mar 30 Worldcall Telecom Limited(WTL)	9,398,662 ▲ 0.01
Pakistan Alumin / Mar 30 Pakistan Aluminium Beverage Cans Limited(PABC)	7,638,000 ▲ 0.23
Pak Elektron / Mar 30 Pak Elektron Limited(PAEL)	6,136,500 ▼ -0.05
Pak Int.Bulk / Mar 30 Pakistan International Bulk Terminal(PIBTL)	6,018,500 ▲ 0.08
Engro Corp / Mar 30 Engro Corporation Limited(ENGRO)	5,429,492 ▼ -0.02
Nishat Mills Ltd / Mar 30 Nishat Mills Limited(NML)	4,517,879 ▲ 0.46
Shifa Int.Hosp / Mar 30 Shifa International Hospitals Limited(SHFA)	4,299,000 ▼ -1.99
Agha Steel Ind. / Mar 30 Agha Steel Ind.Ltd(AGHA)	3,645,000 ▲ 0.36
K-Electric Ltd. / Mar 30 K-Electric Limited(KEL)	3,416,092 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 30	285.65
USD PKR Interbank Buying / Mar 30	283.65
USD to Japanese Yen / Mar 30	132.47
USD to Swiss Franc / Mar 30	0.92
Pound Sterling to USD / Mar 30	1.23
Euro to USD / Mar 30	1.08
UK LIBOR % / Mar 29	4.81

Stock	Volume
S&P 500 / Mar 29	4027.81
India Sensex / Mar 29	57960.09
Nasdaq / Mar 29	11926.24
Dow Jones / Mar 29	32717.60
Tokyo Nikkei / Mar 30	27782.93
Hang Seng / Mar 30	20309.13
FTSE 100 / Mar 30	7578.80
Germany DAX 30 / Mar 30	15430.39
France CAC40 / Mar 30	7235.99

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 29	18935
Gold 10 Grams PKR / Mar 29	176268
Crude Oil USD/Barrel / Mar 30	72.81
Gold Spot USD/Ounce / Mar 30	1963.79
Cotton US¢/pound / Mar 30	82.34

Palm Oil

Most Popular Articles