Trends - palm oil imports - Business Recorder

palm oil imports

Palm oil drops to five-week low

JAKARTA: Malaysian palm oil futures dropped to a five-week low on Tuesday, tracking rival oils, as sentiment was...

Published 31 Mar, 2021 05:42am

Markets

Palm oil falls more than 1pc on cheaper crude oil, soyoil

Breather for palm oil after weeks of volatile moves -analyst
Market sluggish after analysts say bullish factors priced in

Published 25 Mar, 2021 05:32pm

Markets

Indonesia’s end-2021 palm oil stocks seen plunging

KUALA LUMPUR: Palm oil inventories at the world’s biggest grower Indonesia is expected to shrink by almost half to...

Published 25 Mar, 2021 05:08am

Markets

Palm reverses earlier losses on lower supply, better demand expectations

The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange closed at 3,930 ringgit ($951.80) per tonne, unchanged from the previous session, after falling to as low as 3,862 ringgit earlier.
Oil prices edged higher as investors looked for bargains following the previous day's plunge, making palm a more attractive option for biodiesel feedstock.

Published 24 Mar, 2021 05:19pm

Markets

Palm oil jumps 3pc as March export data improves

KUALA LUMPUR: Malaysian palm oil futures climbed 3% on Monday, snapping a two-day decline, as an uptick in exports...

Updated 23 Mar, 2021 05:15pm

Markets

Malaysian palm producer FGV jumps 20pc after surviving Felda's bid

The Federal Land Development Authority, or Felda, in December proposed a mandatory takeover offer after agreeing to increase its stake in FGV.
FGV's stock jumped as much as 28.5% on Tuesday in its largest intraday jump since Sept. 14, 2015.

Updated 16 Mar, 2021 10:00pm

Markets

Palm closes at two-week low on sluggish January demand

Palm extends two-day decline.
Malaysia maintains Feb CPO export duty at 8%.
Fresh lockdowns in Malaysia may reduce domestic palm use-broker.

Published 13 Jan, 2021 06:49pm

Markets

Malaysian palm oil stocks forecast lower, keeping prices high in 2021

The market outlook for Malaysian palm oil in 2021 looks bright despite the pandemic.
Rival and top producer Indonesia is expected to produce 45 million tonnes of crude palm oil in 2021, rising from 43 million tonnes last year.

Published 05 Jan, 2021 05:27pm

Markets

Top five China commodities to eye for growth in 2021

Prices have eased as vaccine hopes spurred investors to redeploy capital, but bullion's outlook remains upbeat in 2021.

Published 29 Dec, 2020 10:16am

Markets

Palm tracks fall in Dalian oils as China's US soybean imports surge

Both the soyoil and palm oil contracts on the Dalian exchange declined 0.5% as China's US soybeans imports surged.

Published 28 Dec, 2020 09:30am

Markets

Palm rebounds on likely higher China imports, biodiesel hopes

The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange rose 10 ringgit, or 0.3%, to 3,416 ringgit ($841.59), after closing 1.1% lower on Monday.
Supporting prices was a potential rise in palm oil imports by China next year to 6.4 million tonnes from 6.2 million tonnes in 2020.

Published 22 Dec, 2020 06:07pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 30	278.40
USD PKR Interbank Buying / Apr 30	278.20
USD to Japanese Yen / Apr 30	156.75
USD to Swiss Franc / Apr 30	0.91
Pound Sterling to USD / Apr 30	1.25
Euro to USD / Apr 30	1.07

Stock	Volume
S&P 500 / Apr 29	5116.17
Nasdaq / Apr 29	15983.08
Dow Jones / Apr 29	38386.09
India Sensex / Apr 30	75020.21
Tokyo Nikkei / Apr 30	38337.50
Hang Seng / Apr 30	17733.21
FTSE 100 / Apr 30	8175.09
Germany DAX 30 / Apr 30	18100.97

Item	Value
Crude Oil USD/Barrel / Apr 30	82.43
Karachi Cotton PKR/37.32 KG / Apr 30	20000
Gold 10 Grams PKR / Apr 30	207390
Gold Spot USD/Ounce / Apr 30	2326.07
Cotton US¢/pound / Apr 30	80.48
Petrol/Litre / May 1	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 1 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 1 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 1 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 1 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 1 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 1 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 1 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 1 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 1 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 1 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 1 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 1 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 1 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 1 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 1 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 1 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 1 Telecard Limited(TELE)	12,358,668 ▲ 0.00