Trends - Palm Oil - Business Recorder

Palm Oil

India’s May palm oil imports surge to 7-month high despite Indonesia’s ban-dealers

MUMBAI: India’s palm oil exports in May were its highest in seven months and up 15% on April as the country overcame...

Published 06 Jun, 2022 12:05pm

Business & Finance

Team visits LCCI: Enhanced share in Malaysia imports sought

LAHORE: Pakistan’s share in Malaysian imports of $238 billion is nowhere that can be enhanced through little...

Published 05 Jun, 2022 05:54am

Markets

Palm ends lower

JAKARTA: Malaysian palm oil futures posted a weekly gain of more than 1.5% due to expectations of sluggish ...

Published 04 Jun, 2022 04:18am

Markets

Palm oil may rise into 6,682-6,731 ringgit range

SINGAPORE: Palm oil may break a resistance at 6,577 ringgit per tonne, and rise into a range of 6,682-6,731...

Published 03 Jun, 2022 10:20am

Markets

Palm rises on sluggish production outlook

JAKARTA: Malaysian palm oil futures rose for a third straight session on Thursday, lifted by expectations of ...

Published 03 Jun, 2022 05:56am

Markets

Palm oil extends gains on production outlook cut, labour concerns

JAKARTA: Malaysian palm oil futures rose for a third straight session on Thursday, as output outlook dimmed after...

Published 02 Jun, 2022 10:17am

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 02 Jun, 2022 06:19am

Markets

Palm oil eases as Indonesia gears up to resume exports

KUALA LUMPUR: Malaysian palm oil futures slipped on Wednesday on anticipation of higher global supply as top...

Published 01 Jun, 2022 12:26pm

Markets

Palm oil neutral in 6,220-6,423 ringgit range

SINGAPORE: Palm oil looks neutral in a range of 6,220-6,423 ringgit per tonne, and an escape could suggest a...

Published 01 Jun, 2022 10:05am

Markets

Oil firms on EU's Russian oil ban and end of Shanghai lockdown

LONDON: Oil prices firmed on Wednesday after European Union leaders agreed to a partial and phased ban on Russian ...

Updated 01 Jun, 2022 08:15pm

Markets

Palm rises on firmer crude prices, May export data

JAKARTA: Malaysian palm oil futures bounced back on Tuesday, after two days of losses, as stronger crude and rival...

Published 01 Jun, 2022 05:53am

Markets

Palm extends losses

JAKARTA: Malaysian palm oil futures extended losses on Monday for a second day as top producer Indonesia was set to...

Published 31 May, 2022 05:11am

Markets

Palm oil may seek support around 6,220 ringgit

SINGAPORE: Palm oil may seek a support around 6,220 ringgit per tonne, as suggested by a retracement analysis. The...

Published 30 May, 2022 11:40am

Markets

Indonesia to allocate about 1m tonnes of palm oil for export

JAKARTA: Indonesia will allocate about 1 million tonnes of palm oil for export, prioritising companies that have ...

Published 29 May, 2022 05:50am

Markets

Palm oil may rise into 6,713-6,731 ringgit range

SINGAPORE: Palm oil may rise into a range of 6,713-6,731 ringgit per tonne, driven by a wave (c). This wave started...

Published 27 May, 2022 10:37am

Markets

Palm oil set for weekly gain on higher demand, tight supply

KUALA LUMPUR: Malaysian palm oil futures climbed to their highest in three weeks on Friday, on course for a weekly...

Published 27 May, 2022 10:10am

Markets

Palm hits three-week closing high

KUALA LUMPUR: Malaysian palm oil futures reversed course to hit a three-week closing high on Thursday, triggered by...

Published 27 May, 2022 05:50am

Markets

Palm hits three-week closing high on bargain buying

KUALA LUMPUR: Malaysian palm oil futures reversed course to hit a three-week closing high on Thursday, triggered by...

Published 26 May, 2022 03:49pm

Markets

Palm ends three-day rally

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

Published 26 May, 2022 05:26am

Markets

India’s palm oil imports could fall to 11-year low

MUMBAI: India’s palm oil imports could fall 19% to the lowest level in 11-years as soyoil, now cheaper, takes more...

Published 26 May, 2022 05:26am

Markets

India’s palm oil imports could fall to 11-yr low

MUMBAI: India’s palm oil imports could fall 19% to the lowest level in 11-years as soyoil, now cheaper, takes more...

Published 25 May, 2022 12:46pm

Markets

Palm oil surges over 3pc

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

Published 25 May, 2022 04:40am

Markets

Palm oil neutral in 6,099-6,354 ringgit range

SINGAPORE: Palm oil looks neutral in a range of 6,099-6,354 ringgit per tonne, and an escape could suggest a...

Published 24 May, 2022 09:51am

Markets

Palm jumps 2pc 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 24 May, 2022 05:35am

Markets

Palm oil may retest resistance at 6,354 ringgit

SINGAPORE: Palm oil may retest a resistance at 6,354 ringgit per tonne, as the bounce from the May 20 low of 5,925...

Published 23 May, 2022 10:38am

Markets

Palm rises, investors assess Indonesia’s domestic sales policy

KUALA LUMPUR: Malaysian palm oil futures gained on Monday as higher rival oil prices supported the market, with...

Published 23 May, 2022 10:15am

Markets

Malaysia sees sustained competitiveness even as Indonesia resumes palm oil exports

KUALA LUMPUR: Indonesia’s resumption of palm oil exports will not blunt Malaysia’s competitiveness in exporting the...

Published 22 May, 2022 10:11am

Markets

Palm ends higher

KUALA LUMPUR: Malaysian palm oil futures closed higher on Friday on news of top producer Indonesia reinstating a...

Published 21 May, 2022 04:34am

Markets

Palm oil may test resistance at 6,099 ringgit

SINGAPORE: Palm oil may test a resistance at 6,099 ringgit per tonne, with a good chance of breaking above it and...

Published 20 May, 2022 11:51am

Markets

Indonesia’s March palm oil exports down 40% y/y

JAKARTA: Indonesia exported 2.02 million tonnes of palm oil in March, including refined products, down 40% from the...

Published 19 May, 2022 12:08pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 23	278.40
USD PKR Interbank Buying / Apr 23	278.10
USD to Japanese Yen / Apr 23	154.85
USD to Swiss Franc / Apr 23	0.91
Pound Sterling to USD / Apr 23	1.24
Euro to USD / Apr 23	1.07

Stock	Volume
S&P 500 / Apr 22	5010.60
Nasdaq / Apr 22	15451.31
Dow Jones / Apr 22	38239.98
India Sensex / Apr 23	73884.02
Tokyo Nikkei / Apr 23	37552.16
Hang Seng / Apr 23	16828.93
FTSE 100 / Apr 23	8045.70
Germany DAX 30 / Apr 23	17967.18

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 19	21035
Gold 10 Grams PKR / Apr 22	213220
Petrol/Litre / Apr 23	293.94
Crude Oil USD/Barrel / Apr 23	82.41
Gold Spot USD/Ounce / Apr 23	2301.86
Diesel/Litre / Apr 23	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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