Trends - Palm Oil - Business Recorder

Palm Oil

Palm oil tumbles as crude prices fall

JAKARTA: Malaysian palm oil futures dropped on Thursday after oil prices fell, making palm a less attractive option...

Published 25 Mar, 2022 05:47am

Markets

ICE canola futures lower

CHICAGO: ICE canola futures retreated on Wednesday after rising to a new contract high amid support from edible oils...

Published 25 Mar, 2022 05:46am

Markets

ICE canola futures firm

CHICAGO: ICE canola futures climbed on Tuesday, supported by firming edible oil markets, traders said. The nearby ...

Published 24 Mar, 2022 05:36am

Markets

Palm surges for third day on stronger crude, rival oils

JAKARTA: Malaysian palm oil futures rose for a third straight session on Wednesday, extending a recovery from their...

Published 24 Mar, 2022 05:36am

Markets

Palm oil may retest support at 5,606 ringgit

SINGAPORE: Palm oil may retest a support at 5,606 ringgit per tonne, a break below which could cause a fall into...

Published 22 Mar, 2022 09:46am

Markets

Palm rises as crude, soyaoil strengthen

JAKARTA/KUALA LUMPUR: Malaysian palm oil futures rose on Monday as markets attempted a modest recovery from their...

Published 22 Mar, 2022 05:21am

Markets

Palm rises after worst week since 1986

JAKARTA: Malaysian palm oil futures rose on Monday as markets attempted a modest recovery from their worst week...

Published 21 Mar, 2022 12:05pm

Markets

Palm logs 16pc weekly fall, sharpest since 1986

KUALA LUMPUR: Malaysian palm oil futures reversed early gains to fall more than 5% on Friday, posting their deepest...

Published 19 Mar, 2022 04:42am

Markets

Palm set for 11% weekly fall, biggest in nine months

KUALA LUMPUR: Malaysian palm oil futures were set on Friday for their sharpest weekly drop in nine months, even as...

Published 18 Mar, 2022 11:23am

Markets

Palm oil drops

KUALA LUMPUR: Malaysian palm oil futures plunged to an intraday low of 6.7% on Thursday after Indonesia removed its...

Published 18 Mar, 2022 05:20am

Markets

Palm falls on higher output forecast, weak Dalian prices

KUALA LUMPUR: Malaysian palm oil futures slipped more than 2% on Thursday, as an industry group forecast improving...

Published 17 Mar, 2022 12:39pm

Markets

Palm oil jumps 4pc, ends four-day losing streak

KUALA LUMPUR: Malaysian palm oil futures climbed on Wednesday to end a four-session losing streak, as upbeat exports...

Published 17 Mar, 2022 04:53am

Markets

Palm oil gains after 4-day slump as early-March exports climb

KUALA LUMPUR: Malaysian palm oil futures snapped a four-session losing streak to climb on Wednesday, as upbeat...

Published 16 Mar, 2022 12:20pm

Markets

Palm oil may bounce into 6,548-6,686 ringgit range

SINGAPORE: Palm oil may bounce into a range of 6,548 ringgit to 6,686 ringgit per tonne, following the completion of...

Published 16 Mar, 2022 10:09am

Markets

Palm extends losses

KUALA LUMPUR: Malaysian palm oil futures dropped as much as 5.7% on Tuesday, extending losses to a fourth session,...

Published 16 Mar, 2022 05:40am

Markets

Palm falls 3% as China COVID surge stokes demand worries

KUALA LUMPUR: Malaysian palm oil futures fell 3% on Tuesday, extending losses to a fourth session, as fresh COVID-19...

Published 15 Mar, 2022 10:52am

Markets

Palm slumps for third session

KUALA LUMPUR: Malaysian palm oil futures extended losses for a third straight session on Monday, plummeting as much...

Updated 15 Mar, 2022 06:40am

Markets

Malaysian palm oil up

KUALA LUMPUR: Malaysian palm oil futures ended over 3% lower on Friday, dragged by unexpectedly high February...

Updated 13 Mar, 2022 07:02am

Markets

Palm oil may retest resistance at 7,100 ringgit

SINGAPORE: Palm oil may retest a resistance at 7,100 ringgit per tonne, a break above could lead to a gain to 7,302...

Published 11 Mar, 2022 10:12am

Markets

Palm ends lower

KUALA LUMPUR: Malaysian palm oil futures fell on Thursday, retreating from previous session’s rally fuelled by top...

Published 11 Mar, 2022 05:12am

Markets

Palm eases after rally led by Indonesia export curb; MPOB data in focus

KUALA LUMPUR: Malaysian palm oil futures fell on Thursday, giving up some of the last session’s sharp gains fuelled...

Published 10 Mar, 2022 12:08pm

Markets

Palm oil may retest resistance at 7,302 ringgit

SINGAPORE: Palm oil may retest a resistance at 7,302 ringgit per tonne, a break above which could lead to a gain to...

Published 10 Mar, 2022 10:03am

Markets

Palm hits record high as Indonesia restricts exports further

JAKARTA: Malaysian palm oil scaled a record high on Wednesday, hitting the 10% upper trading limit as top producer...

Published 10 Mar, 2022 06:30am

Markets

Palm rebounds as Russia-Ukraine war keeps energy prices high

JAKARTA: Malaysian palm oil futures rebounded on Wednesday, as global commodity prices rallied further on supply...

Published 09 Mar, 2022 12:50pm

Markets

Palm fall as related oils eases, Malaysia eases border

JAKARTA: Malaysian palm oil futures fell on Tuesday, after rallying more than 5% in the last session, taking their...

Published 09 Mar, 2022 06:44am

BR Research

Palm oil bulls in full swing

When it rains, it pours. If you are a commodity, war is going to get you if Covid didn’t. While the focus remains...

Published 08 Mar, 2022 08:35am

Markets

Palm oil up 5pc

KUALA LUMPUR: Malaysian palm oil futures rallied more than 5% on Monday, recouping most of last session’s losses,...

Published 08 Mar, 2022 05:15am

Markets

Palm plunges nearly 8pc

KUALA LUMPUR: Malaysian palm oil futures sank nearly 8% on Friday, as red-hot prices triggered profit-taking, but ...

Published 05 Mar, 2022 04:10am

Markets

Palm hovers near record high

KUALA LUMPUR: Malaysian palm oil futures rose on Thursday, hovering near record highs, on expectations that buyers...

Published 04 Mar, 2022 04:37am

Markets

Palm takes breather after soaring past record 7,000 ringgit

KUALA LUMPUR: Malaysian palm oil futures succumbed to profit taking on Wednesday after rising past a record 7,000...

Published 03 Mar, 2022 04:39am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 3	278.23
USD PKR Interbank Buying / May 3	278.03
USD to Japanese Yen / May 3	152.98
USD to Swiss Franc / May 3	0.91
Pound Sterling to USD / May 3	1.26
Euro to USD / May 3	1.07

Stock	Volume
S&P 500 / May 1	5018.39
Nasdaq / May 1	15605.48
Dow Jones / May 1	37903.29
Tokyo Nikkei / May 2	38236.07
India Sensex / May 3	74412.88
Hang Seng / May 3	18417.07
FTSE 100 / May 3	8208.23
Germany DAX 30 / May 3	17993.66

Item	Value
Karachi Cotton PKR/37.32 KG / May 2	20000
Petrol/Litre / May 3	288.49
Crude Oil USD/Barrel / May 3	79.12
Gold 10 Grams PKR / May 3	205418
Gold Spot USD/Ounce / May 3	2308.69
Diesel/Litre / May 3	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 3 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 3 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 3 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 3 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 3 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 3 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 3 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 3 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 3 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 3 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 3 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 3 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 3 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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