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palm oil prices

Palm closes little changed, concerns over coronavirus weigh
Markets

Palm closes little changed, concerns over coronavirus weigh

  • 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.
Updated 05 May, 2021 05:34pm
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 posts best day in 11 months on stronger exports, soyoil rally
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
Palm falls over 3pc on profit booking ahead of holiday, cheaper rivals weigh
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
Palm oil futures jump
Markets

Palm oil futures jump

KUALA LUMPUR: Malaysian palm oil futures jumped 2% to close at a one-week high on Thursday, boosted by stronger...
Published 16 Apr, 2021 03:40am
Palm oil jumps 2pc
Markets

Palm oil jumps 2pc

KUALA LUMPUR: Malaysian palm oil futures climbed 2% on Tuesday, snapping a three-day decline, as stronger rival...
Published 14 Apr, 2021 03:21am
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 edges up tracking soyoil, on signs of improving exports
Markets

Palm oil edges up tracking soyoil, on signs of improving exports

  • The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange rose 38 ringgit, or 1.02%, to 3,777 ringgit ($914.09) a tonne during early trade.
  • Sri Lanka on Monday banned imports of palm oil and new palm plantations, and told producers to uproot existing plantations in a phased manner, in a surprise move that baffled the edible oil industry.
Published 06 Apr, 2021 10:25am
Palm oil ticks up
Markets

Palm oil ticks up

KUALA LUMPUR: Malaysian palm oil futures edged up on Monday, gaining for a third session in four on the back of...
Published 06 Apr, 2021 04:23am