Trends - palm oil imports - Business Recorder

palm oil imports

India’s March quarter palm oil imports could drop 29% as stocks rise

MUMBAI: India’s palm oil imports could drop 29% in the March quarter from the previous quarter as record inventories...

Published 25 Jan, 2023 01:47pm

Markets

Palm oil rebounds on India imports, Indonesia biodiesel plan

JAKARTA: Malaysian palm oil futures rose on Tuesday, rebounding from earlier losses, after reports of India’s...

Published 07 Dec, 2022 07:21am

Markets

Palm ticks up as recession fears cool, but logs 11% weekly drop

KUALA LUMPUR: Malaysian palm oil futures edged higher on Friday for a second consecutive session, as easing...

Published 08 Jul, 2022 05:06pm

Markets

Palm ends four-day slump on weaker ringgit, bargain buying

KUALA LUMPUR: Malaysian palm oil futures reversed early losses on Thursday, clawing back gains after a four-day rout...

Published 07 Jul, 2022 04:16pm

Markets

Palm falls for fifth day on recession woes, Indonesia’s export rules

KUALA LUMPUR: Malaysian palm oil futures extended losses for a fifth session in a row on Thursday, as persistent...

Published 07 Jul, 2022 10:56am

Markets

Palm oil may retest support at 3,782 ringgit

SINGAPORE: Palm oil may retest a support at 3,782 ringgit per tonne, a break below could open the way towards 3,592...

Published 07 Jul, 2022 09:17am

Markets

India’s July palm oil imports may surge to 10-month high as prices plunge

MUMBAI: India’s palm oil imports in July are set to jump to the highest in 10 months because of a hefty correction...

Published 06 Jul, 2022 01:33pm

Markets

Palm rises to one-month high

KUALA LUMPUR: Malaysian palm oil futures rose on Thursday to their highest level in a month, as a trucker strike in...

Published 15 Apr, 2022 05:29am

Markets

India's oil palm imports to drop 9% in 2021/22

PANAJI: India's palm oil imports in 2021/22 are likely to drop 9% from a year earlier on a rise in domestic supplies...

Published 23 Sep, 2021 11:59am

Markets

India vegetable oil imports seen shrinking for second year

Imports in 2020/21 marketing year ending Oct. 31 could fall to 13.1 million tonnes, the lowest in six years

Published 08 Sep, 2021 12:33pm

Markets

Palm falls for second day on cheaper rivals, firm ringgit

The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange closed 79 ringgit, or 1.8% lower, to 4,254 ringgit ($1,023.83) a tonne

Updated 30 Aug, 2021 05:06pm

Markets

Palm ends over 1% higher on stronger crude, rival oils

Rising output forecasts raise hopes of a rebuild in stockpile Oil prices jump 3% on weaker dollar

Published 23 Aug, 2021 06:07pm

Markets

Palm hits near three-week peak as India lifts curbs on refined oils

Palm oil close at highest since June 11.
New Indian rules to boost palm oil imports.

Updated 01 Jul, 2021 04:50pm

Markets

Malaysian palm oil gains over 2pc

KUALA LUMPUR: Malaysian palm oil futures rose more than 2% on Friday and logged their first weekly gain in three,...

Published 27 Jun, 2021 03:56am

Markets

Palm oil ends at over 4-mth low

SINGAPORE: Malaysian palm oil futures ended at a more than four-month low on Monday, extending losses for a sixth...

Published 15 Jun, 2021 03:30am

Markets

Palm oil falls to seven-week low on tepid June exports

Malaysia's June 1-10 exports fall 14%.
MPOB May supply and demand data below expectations.
May stocks rose only 1.49% to 1.57mn tonne–MPOB.

Published 10 Jun, 2021 05:58pm

Markets

Palm oil rises over 2pc as Chicago soybean prices rally

The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange was up at 4,015 ringgit ($971.68) a tonne when the market closed.
The contract gained 0.6% this week after plunging 11.43% in the previous week, its biggest weekly drop in one year.

Published 28 May, 2021 06:17pm

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 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

India's April palm oil imports surge 82pc y/y, trade body says

The country imported 701,795 tonnes of palm oil last month, while soyoil imports fell by 21% to 144,020 tonnes, the Solvent Extractors' Association of India (SEA) said in a statement.
Sunflower oil imports dropped 18% to 184,097 tonnes in April after prices more than doubled in a year, it added.

Published 12 May, 2021 05:45pm

Markets

Palm jumps 5pc, eyes biggest weekly gain in two decades on supply concerns

The futures contract was set for a 14.4% rise for the week, its biggest since 2001.
Palm oil is being supported by a rally in the global agricultural market led by Chicago corn and soybean futures, which are trading at multi-year highs.

Updated 07 May, 2021 05:21pm

Markets

Palm posts best day in 11 months on stronger exports, soyoil rally

The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange ended up 187 ringgit, or 4.83%, at 4,055 ringgit ($981.22) a tonne.
Refinitiv pegged the benchmark July delivery contract to rise towards a resistance of 4,080 ringgit to 4,100 ringgit a tonne this week.

Published 03 May, 2021 04:47pm

Markets

Palm falls over 3pc on profit booking ahead of holiday, cheaper rivals weigh

The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange fell to 3,942 ringgit ($961.46) per tonne, after closing 4.7% higher on Tuesday, its biggest jump in 11 months.
On the Chicago Board of Trade, the soybean oil contract fell 3.6%, while the Dalian Commodity Exchange's soyoil contract declined 1%.

Published 28 Apr, 2021 04:58pm

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 falls as analyst forecasts abundant supplies

Palm reversed momentum to end lower.
Contract gains 5.7% this week.
Traders taking profit ahead of weekend.
Supply forecast to increase fast.
Indian port to shut weekend operations – trader.

Published 23 Apr, 2021 05:22pm

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 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

India’s March palm oil imports up

MUMBAI: India’s palm oil imports in March jumped 57% year on year as refiners increased purchases of the tropical...

Published 15 Apr, 2021 03:22am

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

Palm oil supply and demand prospects halt two-week price decline

The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange slipped by 2 ringgit, or 0.05%, to 3,739 ringgit ($903.58) a tonne after rising as much as 1% earlier in the day. For the week, it was up 1.3%.
"Overall, the market is anticipating April exports to be a tad better versus March. With tight end-stocks and better than expected exports, prices are expected to remain firmer," he added.

Published 02 Apr, 2021 07:10pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 26	278.40
USD PKR Interbank Buying / Jul 26	278.20
USD to Japanese Yen / Jul 26	153.77
USD to Swiss Franc / Jul 26	0.88
Pound Sterling to USD / Jul 26	1.29
Euro to USD / Jul 26	1.09

Stock	Volume
S&P 500 / Jul 25	5,399.22
Nasdaq / Jul 25	17,181.72
Dow Jones / Jul 25	39,935.07
India Sensex / Jul 26	80,709.64
Tokyo Nikkei / Jul 26	37,865.35
Hang Seng / Jul 26	17,058.55
FTSE 100 / Jul 26	8,255.78
Germany DAX 30 / Jul 26	18,346.62

Item	Value
Crude Oil USD/Barrel / Jul 26	78.38
Karachi Cotton PKR/37.32 KG / Jul 26	17,035
Gold 10 Grams PKR / Jul 26	215,621
Gold Spot USD/Ounce / Jul 26	2,374.19
Cotton US¢/pound / Jul 26	68.62
Petrol/Litre / Jul 27	275.60

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jul 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jul 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jul 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jul 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jul 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jul 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jul 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jul 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jul 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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