Topic

palm oil output

Palm oil soars 7pc to record high

Published 02 Mar, 2022 04:35am

KUALA LUMPUR: Malaysian palm oil futures vaulted over 7% to an all-time peak on Tuesday, as the shutting of ...

Palm up for fourth session tracking rivals

Published 24 Dec, 2021 10:43am

KUALA LUMPUR: Malaysian palm futures rose to their highest in one-and-a-half weeks on Friday, tracking rival oils,...

Palm jumps nearly 4% on expectations of tight supply

Published 07 Dec, 2021 04:49pm

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

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

Published 30 Nov, 2021 05:31pm

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

Palm oil ends two-day decline on lower Indian import taxes

Published 13 Sep, 2021 04:37pm

India lowers import taxes for vegetable oils
Sept stocks to tick up as supply outstrips demand: analysts
CPO prices to remain elevated due to tight supply: analysts

Palm oil falls nearly 2%, ends five-day gain ahead of key data

Updated 09 Sep, 2021 04:24pm

Palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange closed down 87 ringgit, or 1.94%, at 4,391 ringgit ($1,059.09) a tonne

Palm oil climbs 2% to three-week peak on supply worries, demand hopes

Updated 08 Sep, 2021 05:06pm

Palm hits highest since Aug 17
India's edible oil imports seen at lowest in six years -SEA
Refinitiv cuts output forecast for Malaysia, raise Indonesia's
Negative imports margins in India, Europe, China – broker

Palm oil ends at near two-week high on demand rebound hopes

Published 07 Sep, 2021 04:21pm

Investors await industry data amid supply uncertainties
MPOB cuts 2021 palm oil output forecast to 18mn tonnes
IOPRI pegs stronger Indonesia output in 2021, 2022

Palm oil falls tracking rival oils, logs 1.5% weekly climb

Updated 27 Aug, 2021 05:14pm

Palm oil logs 1.5% weekly rise
Indonesia sets higher CPO export tax, retains levies
MPOB pegs 2021 average CPO price at 3,600 RGT/T

Palm falls on August export plunge, profit-taking

Updated 17 Aug, 2021 04:32pm

Market expects rise in Indonesia's Sept export duties: broker
CPO prices to weaken on rising output, demand rationing: analyst
World palm oil production to rise 2.1mn tonnes in 2020/21: analyst

Palm spikes over 7% to record close on bullish MPOB data

Updated 11 Aug, 2021 05:15pm

Palm marks biggest daily gain since January 2009
End-July stockpiles down 7.3% to 1.5mn tonnes: MPOB
Stockpile misses market expectation: analyst

Palm oil reverses losses, jumps over 2% on declining production

Published 26 Jul, 2021 05:38pm

The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange rose 113 ringgit, or 2.7%, to 4,384 ringgit ($1,036.41) a tonne

Indonesia May palm oil exports soar on stronger shipments to Africa, Middle East

Published 14 Jul, 2021 01:00pm

Exports of total palm oil products from Indonesia stood at 2.95 million tonnes in May, up from 2.43 million tonnes in 2020. Compared to April, it rose 12%.

Palm jumps over 3pc, books weekly gain on weaker ringgit

Updated 09 Jul, 2021 05:08pm

Palm logs longest weekly gaining streak since Jan..
Ringgit weakens to near one-year low.
Market speculates July 1-10 exports to fall 2%.

Palm reverses course to trade up 1pc on stronger US soyoil

Updated 18 Jun, 2021 05:21pm

The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange closed up 38 ringgit, or 1.1%, at 3,415 ringgit ($825.48) a tonne.
CBOT's soybean oil contract was up 4.5% after a 9.2% drop on Thursday.

Palm gains more than 6pc on bargain-hunting, soyoil strength

Updated 15 Jun, 2021 05:30pm

The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange closed 6.2% higher at 3,583 ringgit ($870.72) a tonne.
CBOT soybean futures reversed previous losses, with its soyoil contract rising 1.3%.

Palm oil ends at over 4-month low on weaker soyoil, sliding demand

Updated 14 Jun, 2021 05:10pm

The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange fell 285 ringgit, or 7.8%, to 3,378 ringgit ($821.30) a tonne, its lowest since Feb. 5.

Palm falls for second day on forecasts of higher output, stockpiles

Published 08 Jun, 2021 05:05pm

Market talks of Indonesia export levy cut weigh.
MPOA sees 7% monthly rise in May output –traders.

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

Updated 04 Jun, 2021 06:22pm

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

Palm closes at 2-week high on global supply worries

Published 03 Jun, 2021 07:15pm

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.

Palm climbs 5pc, hits two-week high on edible oil supply woes

Updated 02 Jun, 2021 06:06pm

Palm up after two consecutive sessions of losses
Lockdown hurts domestic demand prospects for June
Malaysia stocks seen slightly lower or unchanged – analyst.

Palm oil falls for second day on lockdown demand concerns

Published 01 Jun, 2021 06:08pm

Palm oil declines for second session.
Malaysia's lockdown may hit domestic consumption.
Market seen volatile ahead of output, stocks estimates –broker.

Palm oil rises over 2pc as Chicago soybean prices rally

Published 28 May, 2021 06:17pm

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.

Palm rises 5pc on concerns over global supply squeeze in edible oils

Published 18 May, 2021 08:26pm

The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange settled 215 ringgit, or 5.07%, higher at 4,457 ringgit ($1,080.48) a tonne, after closing 1.05% lower on Monday.

Palm retreats from record high as concerns over global edible oil supply ease

Published 17 May, 2021 06:16pm

The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange ended down 45 ringgit, or 1.05%, at 4,240 ringgit ($1,026.88) a tonne.
Malaysian markets were closed last Thursday and Friday after a half-day trade on Wednesday for holidays.

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

Published 12 May, 2021 05:45pm

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.

Palm oil closes at 13-year high as concerns over supply support

Updated 06 May, 2021 05:08pm

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.

Palm closes little changed, concerns over coronavirus weigh

Updated 05 May, 2021 05:34pm

The benchmark palm oil contract on the Bursa Malaysia Derivatives Exchange last traded down 2 ringgit, or 0.05%, to 4,040 ringgit ($981.77) a tonne.
Top importer India on Wednesday reported 382,315 new coronavirus cases, health ministry data showed.

Indonesia March crude palm oil output, exports surge on-year

Published 28 Apr, 2021 04:58pm

Indonesia March crude palm oil output: +13.5 y/y; 20.9 m/m.
Palm exports, including refined products: +18.7% y/y; +62.8% m/m.
Crude palm oil end-stocks: -5.4% y/y; -20.6% y/y.

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 4	278.62
USD PKR Interbank Buying / Jun 4	278.42
USD to Japanese Yen / Jun 4	159.92
USD to Swiss Franc / Jun 4	0.79
Pound Sterling to USD / Jun 4	1.34
Euro to USD / Jun 4	1.16
SOFR % / Jun 4	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
Nasdaq / Jun 3	26,853.97
Dow Jones / Jun 3	50,687.07
India Sensex / Jun 4	74,289.24
Tokyo Nikkei / Jun 4	67,399.25
Hang Seng / Jun 4	25,221.79
FTSE 100 / Jun 4	10,349.70
Germany DAX 30 / Jun 4	24,899.30
France CAC40 / Jun 4	8,185.81

Item	Value
Crude Oil USD/Barrel / Jun 4	95.52
Gold 10 Grams PKR / Jun 4	402,335
Gold Spot USD/Ounce / Jun 4	4,475.32
Cotton US¢/pound / Jun 4	80.34
Petrol/Litre / Jun 5	381.78
Diesel/Litre / Jun 5	380.78

Gainers
Losers
Leaders

Stock	Price
First Dawood Prop. / Jun 4 First Dawood Properties Limited(FDPL)	5.19 ▲ 0.62 (13.57%)
Azgard Nine (Non-Voti) / Jun 4 Azgard Nine (Non-Voti)(ANLNV)	8.40 ▲ 0.97 (13.06%)
Escorts Bank / Jun 4 Escorts Investment Bank Limited(ESBL)	13.59 ▲ 1.24 (10.04%)
First IBL Mod. / Jun 4 First IBL Modaraba(FIBLM)	11.41 ▲ 1.04 (10.03%)
Ruby Textile / Jun 4 Ruby Textile Mills Limited(RUBY)	18.67 ▲ 1.7 (10.02%)
Tri-Star Power / Jun 4 Tri-Star Power Limited(TSPL)	15.38 ▲ 1.4 (10.01%)
Ansari Sug. / Jun 4 Ansari Sugar Mills Limited(ANSM)	15.72 ▲ 1.43 (10.01%)
Grays Leasing / Jun 4 Grays Leasing Limited(GRYL)	22.98 ▲ 2.09 (10%)
Ideal Spinning / Jun 4 Ideal Spinning Mills Limited(IDSM)	79.73 ▲ 7.25 (10%)
Kohat Textile / Jun 4 Kohat Textile Mills Limited(KOHTM)	90.73 ▲ 8.25 (10%)

Stock	Price
Crescent Cotton / Jun 4 Crescent Cotton Mills Limited(CCM)	36.91 ▼ -2.69 (-6.79%)
Ghazi Fabrics / Jun 4 Ghazi Fabrics International Limited(GFIL)	32 ▼ -2.25 (-6.57%)
Shams Textile / Jun 4 Shams Textile Mills Limited(STML)	39.03 ▼ -2.58 (-6.2%)
Aisha Steel(ConPS) / Jun 4 Aisha Steel(ConPS)(ASLPS)	28.06 ▼ -1.72 (-5.78%)
Ashfaq Textile / Jun 4 Ashfaq Textile Mills Limited(ASHT)	33.25 ▼ -1.89 (-5.38%)
Mughal Energy / Jun 4 Mughal Energy Limited(GEM)(GEMMEL)	21.30 ▼ -1.18 (-5.25%)
Shadman Cotton / Jun 4 Shadman Cotton Mills Limited(SHCM)	47.43 ▼ -2.45 (-4.91%)
Premier Sugar / Jun 4 The Premier Sugar Mills(PMRS)	423.01 ▼ -20.78 (-4.68%)
Gulistan Sp. / Jun 4 Gulistan Spinning Mills Limited(GUSM)	7.06 ▼ -0.32 (-4.34%)
First AL-Noor Mod. / Jun 4 First Al-Noor Modaraba(FANM)	6.60 ▼ -0.28 (-4.07%)

Stock	Volume
Beco Steel Ltd / Jun 4 Beco Steel Limited(BECO)	112,742,147 ▲ 0.26
Pak Int.Bulk / Jun 4 Pakistan International Bulk Terminal(PIBTL)	32,085,063 ▲ 0.65
WorldCall Telecom / Jun 4 Worldcall Telecom Limited(WTL)	30,602,865 ▼ -0.01
Hascol Petrol / Jun 4 Hascol Petroleum Limited(HASCOL)	29,547,446 ▲ 0.88
TPL Properties / Jun 4 TPL Properties Limited(TPLP)	22,915,829 ▲ 0.56
P.T.C.L. / Jun 4 Pakistan Telecommunication Company Ltd(PTC)	21,952,752 ▲ 2.38
Dewan Cement / Jun 4 Dewan Cement Limited(DCL)	21,604,812 ▲ 0.03
Kohinoor Spinning / Jun 4 Kohinoor Spinning Mills Limited(KOSM)	20,173,269 ▼ -0.13
Maple Leaf Cement / Jun 4 Maple Leaf Cement Factory Limited(MLCF)	18,998,070 ▲ 1.39
B.O.Punjab / Jun 4 The Bank of Punjab(BOP)	18,802,886 ▲ 0.24

palm oil output

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