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palm oil export

Palm oil eases on rising stocks but logs 3pc weekly gain

Palm logs second weekly rise.
Malaysia end-May stockpile seen higher at 1.64 mln T.
Indonesia yet to decide on export levy cut.

Updated 04 Jun, 2021 06:22pm

Markets

Palm closes at 2-week high on global supply worries

Palm oil hits highest since May 20.
India considers edible oil import tax cut to lower prices.
Indonesia's biodiesel consumption down 8.2% in Jan-April.

Published 03 Jun, 2021 07:15pm

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 falls 2.7pc on weaker rivals, production outlook

The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange fell 2.7% to close at 3,917 ringgit ($946.59). It erased some of the 3.4% gain posted on Tuesday.
The Bursa Malaysia was closed on Wednesday for the Vesak Day holiday.

Updated 27 May, 2021 06:26pm

Markets

Palm oil snaps four-day losing streak, jumps 3.47pc

The benchmark palm oil contract for August delivery climbed 3.47% to close at 4,025 ringgit ($972.22).
CBOT soyoil prices rose 1.43% on Tuesday, while prices for Dalian's soyoil and palm oil contract advanced 1.42% and 1.43%, respectively.

Updated 25 May, 2021 05:09pm

Markets

Palm oil clocks 11pc weekly fall

KUALA LUMPUR: Malaysian palm oil futures fell on Friday and logged an 11% weekly drop, its sharpest in a year, hit ...

Published 23 May, 2021 03:06am

Markets

Palm oil retreats from record high

KUALA LUMPUR: Malaysian palm oil futures fell 1% on Monday, retreating from last session’s record high, as trade...

Published 18 May, 2021 05:05am

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

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 unchanged, concerns over coronavirus weigh

SINGAPORE: Malaysian palm oil futures ended largely unchanged on Wednesday, with the market torn between concerns...

Published 06 May, 2021 03:49am

Markets

Palm oil down

KUALA LUMPUR: Malaysian palm oil futures ended lower on Tuesday after a volatile day of trade, trimming some of the...

Published 05 May, 2021 04:01am

Markets

Palm ends lower on higher Indonesian output forecast for 2021

The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange ended down 19 ringgit, or 0.47%, at 4,042 ringgit ($981.07) a tonne, after rising 5% on Monday.
Indonesia's crude palm oil output is estimated at 48.4 million tonnes while crude palm kernel oil (CPKO) is expected to be at 7.29 million tonnes this year, IOPRI said.

Published 04 May, 2021 04:55pm

Markets

Palm oil imports increase 34.83pc in 3 quarters

ISLAMABAD: The palm oil imports increased by 34.83 percent during the first three quarters of the current fiscal ...

Published 26 Apr, 2021 03:29am

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

Markets

Palm oil may rise into 3,844-3,926 ringgit range

SINGAPORE: Palm oil may rise into a range of 3,844-3,926 ringgit per tonne, as it has cleared a resistance at 3,761...

Published 18 Apr, 2021 03:09am

Markets

Palm oil jumps 3pc

KUALA LUMPUR: Malaysian palm oil futures gained more than 3% on Friday on the back of tight supplies and stronger...

Published 17 Apr, 2021 03:28am

Markets

Palm oil futures jump

KUALA LUMPUR: Malaysian palm oil futures jumped 2% to close at a one-week high on Thursday, boosted by stronger...

Published 16 Apr, 2021 03:40am

Markets

Palm unchanged on anticipation of higher production and exports

Output recovering after 6 months of decline
Container shortage hampers exports – broker

Published 14 Apr, 2021 04:58pm

Markets

Palm jumps 2pc tracking soyoil, crude prices

The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange closed higher 74 ringgit, or 2.03%, to 3,724 ringgit ($900.82) a tonne, after falling 3% in the previous session.
"We expect total supply to outstrip total demand leading to higher ending stocks of 1.53 million tonnes," he added.

Published 13 Apr, 2021 05:30pm

Markets

Palm slumps 3pc to one-week low as March stocks exceed estimates

End-March stocks, production rise more than expected
Buying in India slows due to surge in COVID-19 cases

Published 12 Apr, 2021 06:02pm

Markets

Palm oil rises over 1pc tracking soyoil, improving exports

The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange rose 51 ringgit, or 1.36%, to 3,790 ringgit ($917.23) a tonne by the midday break.
The recent rally in futures also supported the cash market prices to balloon and keep crude palm oil import margins in positive territory.

Published 06 Apr, 2021 12:18pm

Markets

Palm oil edges up tracking soyoil, on signs of improving exports

The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange rose 38 ringgit, or 1.02%, to 3,777 ringgit ($914.09) a tonne during early trade.
Sri Lanka on Monday banned imports of palm oil and new palm plantations, and told producers to uproot existing plantations in a phased manner, in a surprise move that baffled the edible oil industry.

Published 06 Apr, 2021 10:25am

Markets

Palm oil may test resistance at 3,810 ringgit

SINGAPORE: Palm oil may test a resistance at 3,810 ringgit per tonne, with a good chance of breaking above this ...

Published 06 Apr, 2021 04:23am

Markets

Sri Lanka bans palm oil imports, tells producers to uproot plantations

Palm oil imports and the number of plantations have been increasing in recent years in Sri Lanka, a leading producer of coconut oil.
Sri Lanka's President Gotabaya Rajapaksa said in a statement the aim was to "make the country free from oil palm plantation and palm oil consumption."

Updated 05 Apr, 2021 09:07pm

Markets

Palm oil at 1-week high on tight supply forecast, soyoil strength

The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange gained 53 ringgit, or 1.42pc, to 3,790 ringgit ($915.46) a tonne during early trade, its highest since March 25.

Published 05 Apr, 2021 09:29am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 28	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 28 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 28 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 28 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 28 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 28 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 28 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 28 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 28 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 28 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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