Trends - palm oil industry - Business Recorder

palm oil industry

Why Malaysia is considering banning palm oil exports to EU

KUALA LUMPUR: Malaysia, the world’s second-largest palm oil producer, on Thursday said it might stop palm exports...

Published 15 Jan, 2023 04:01am

Markets

Palm oil posts weekly decline of nearly 8% as Indonesia boosts exports

JAKARTA: Malaysian palm oil futures posted a second consecutive weekly loss of about 8% on Friday, weighed by rising...

Published 17 Jun, 2022 05:12pm

Markets

Palm hits four-month lows on concerns over higher output, Indonesian exports

KUALA LUMPUR: Malaysian palm oil futures hit their four-month closing lows on Thursday, pulled lower by higher...

Published 16 Jun, 2022 04:22pm

Markets

Palm close at near two-week high on fears of lower end-May stocks

KUALA LUMPUR: Malaysian palm oil futures rose on Tuesday to its highest closing in nearly two-weeks, with concerns...

Published 07 Jun, 2022 04:18pm

Markets

Palm oil ends higher on worries over slower output recovery in Malaysia

KUALA LUMPUR: Malaysian palm oil futures reversed early losses to tick up on Wednesday, as hopes of a recovery in...

Published 01 Jun, 2022 05:00pm

Markets

Palm ends three-day rally as India allows duty-free imports of competing oils

KUALA LUMPUR: Malaysian palm oil futures fell on Wednesday, ending a three-session rally, pressured by demand...

Published 25 May, 2022 05:41pm

Markets

Palm surge over 3% amid uncertainties over Indonesia’s export policies

KUALA LUMPUR: Malaysian palm oil futures jumped on Tuesday to hit a near two-week, lifted by signs of buying from...

Published 24 May, 2022 04:19pm

Markets

Palm jumps 2% as traders seek detail on Indonesian sales rules

KUALA LUMPUR: Malaysian palm oil futures rose on Monday, buoyed by expected weak output in May, while traders...

Published 23 May, 2022 04:35pm

Markets

Palm slips, set to fall further as Indonesia plans to lift export ban

KUALA LUMPUR: Malaysian palm oil futures ended lower on Thursday and is expected to fall further after Indonesia...

Published 19 May, 2022 05:22pm

Markets

Palm inches up on export hopes, but logs second weekly decline

KUALA LUMPUR: Malaysian palm oil futures firmed on Friday ahead of a long weekend, supported by hopes for strong May...

Published 13 May, 2022 05:51pm

Markets

Palm falls over 2% as concerns over China demand weigh

KUALA LUMPUR: Malaysian palm oil futures closed lower on Thursday, as traders awaited clarity on Indonesia’s export...

Published 12 May, 2022 04:55pm

Markets

Palm ends lower after soaring on tougher Indonesia export ban

KUALA LUMPUR: Malaysian palm oil futures fell 1% on Thursday after skyrocketing in the previous session, as...

Published 28 Apr, 2022 04:42pm

Markets

Palm logs weekly loss, Indonesia’s export ban to spur prices next week

KUALA LUMPUR: Malaysian palm oil futures clocked their first weekly fall in three on weak exports and expectations...

Published 22 Apr, 2022 05:50pm

Markets

Palm gives up early gains as weak exports, rising production weigh

KUALA LUMPUR: Malaysian palm futures gave up early gains to close unchanged on Thursday, weighed down by estimates...

Published 21 Apr, 2022 05:12pm

Markets

Palm logs biggest weekly gain in more than 6 months

KUALA LUMPUR: Malaysian palm oil futures closed at a one-month high on Friday, and posted their biggest weekly jump...

Published 15 Apr, 2022 05:01pm

Markets

Palm ends at two-week high as end-March inventories shrink

KUALA LUMPUR: Malaysian palm oil futures closed at a near two-week high on Monday, extending last week’s gains on...

Published 11 Apr, 2022 06:50pm

Markets

Palm logs 3% weekly rise but higher Nov stocks weigh

KUALA LUMPUR: Malaysian palm oil futures ticked up on Friday and logged a weekly gain, as bargain buying lifted the...

Published 10 Dec, 2021 05:06pm

Markets

Palm oil snaps two-day climb tracking soyoil lower, Omicron worries weigh

KUALA LUMPUR: Malaysian palm oil futures slipped after two sessions of gains on Wednesday, after rival soyoil fell...

Published 08 Dec, 2021 04:50pm

Markets

Palm jumps nearly 4% on expectations of tight supply

KUALA LUMPUR: Malaysian palm oil futures rallied for a second consecutive session to hit a two-week closing high on...

Published 07 Dec, 2021 04:49pm

Markets

Palm oil firms, Omicron jitters keep prices near 8-week low

KUALA LUMPUR: Malaysian palm oil futures gained on Wednesday on forecast of weak output, but prices lingered near an...

Published 02 Dec, 2021 03:57am

Markets

Palm oil firms, Omicron jitters keep prices near 8-week low

KUALA LUMPUR: Malaysian palm oil futures gained on Wednesday on forecast of weak output, but prices lingered near an...

Published 01 Dec, 2021 05:04pm

Markets

Palm oil slumps to 8-week low

KUALA LUMPUR: Malaysian palm oil futures plunged to their lowest level in eight weeks on Tuesday despite robust...

Published 01 Dec, 2021 03:52am

Markets

Palm slumps to 8-week low as edible oils slide on Omicron worries

KUALA LUMPUR: Malaysian palm oil futures plunged to their lowest level in eight weeks on Tuesday despite robust...

Published 30 Nov, 2021 05:31pm

Markets

Palm rebounds on weaker ringgit, costlier US soyoil

SINGAPORE: Malaysian palm oil futures rebounded on Wednesday, having been in retreat for three sessions, tracking...

Updated 24 Nov, 2021 05:18pm

Markets

Palm falls on 2022 edible oils output forecast

JAKARTA: Malaysian palm oil futures declined for a third straight session on Tuesday following a forecast for...

Published 23 Nov, 2021 04:47pm

Markets

Palm extends losses on weaker rivals, crude oil

SINGAPORE: Malaysian palm oil futures fell for a second straight session on Monday, tracking weakness in rival oils...

Published 22 Nov, 2021 04:18pm

Markets

Palm posts second weekly gain even after easing on profit taking

JAKARTA: Malaysian palm oil futures traded lower on Friday as investors locked in profits, but posted a second...

Published 19 Nov, 2021 05:30pm

Markets

Palm hits 2-week closing high on firmer rival oils, tight supplies view

KUALA LUMPUR: Malaysian palm oil futures ended at a two-week peak on Thursday as an upbeat outlook for exports and...

Published 18 Nov, 2021 04:10pm

Markets

Palm climbs 2% on weaker ringgit, slowing output

KUALA LUMPUR: Malaysian palm oil futures extended early gains on Wednesday, after the ringgit weakened, and as...

Updated 17 Nov, 2021 05:08pm

Markets

Palm oil firms

KUALA LUMPUR: Malaysian palm oil futures ticked up on Tuesday, tracking a rise in Dalian palm and a jump in export...

Published 17 Nov, 2021 04:22am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 6	278.53
USD PKR Interbank Buying / Jun 6	278.33
USD to Japanese Yen / Jun 6	155.75
USD to Swiss Franc / Jun 6	0.89
Pound Sterling to USD / Jun 6	1.28
Euro to USD / Jun 6	1.09

Stock	Volume
S&P 500 / Jun 5	5354.03
Nasdaq / Jun 5	17187.05
Dow Jones / Jun 5	38807.33
India Sensex / Jun 6	75088.60
Tokyo Nikkei / Jun 6	38768.13
Hang Seng / Jun 6	18539.95
FTSE 100 / Jun 6	8259.78
Germany DAX 30 / Jun 6	18722.70

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 4	19935
Petrol/Litre / Jun 6	268.36
Crude Oil USD/Barrel / Jun 6	74.53
Gold 10 Grams PKR / Jun 6	208333
Gold Spot USD/Ounce / Jun 6	2369.35
Diesel/Litre / Jun 6	270.22

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 6 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 6 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 6 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 6 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 6 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 6 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 6 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 6 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 6 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 6 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 6 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 6 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 6 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 6 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 6 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 6 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 6 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 6 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 6 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 6 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 6 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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