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palm oil industry

Palm oil falls for third day
Markets

Palm oil falls for third day

KUALA LUMPUR: Malaysian palm oil futures eased for a third straight session on Thursday, pressured by profit-taking...
Published 09 Jul, 2021 04:25am
Malaysian palm oil slips
Markets

Malaysian palm oil slips

KUALA LUMPUR: Malaysian palm oil futures eased on Monday, tracking a sharp drop in rival Chicago soyaoil on Friday...
Published 29 Jun, 2021 03:24am
Palm oil down
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
Palm jumps 2pc tracking soyoil, crude prices
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
Palm oil rises over 1pc tracking soyoil, improving exports
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