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Palm Oil

CBOT soybeans may fall to $13.27-3/4

CBOT soybeans may fall to $13.27-3/4

  • A retracement analysis on the uptrend from $11.43 to $14.35-3/4 reveals a similar target of $13.23-3/4, the 38.2% level.
Published 22 Jan, 2021 12:35pm
Palm oil climbs
Markets

Palm oil climbs

KUALA LUMPUR: Malaysian palm oil futures climbed on Thursday, recovering from a near two-and-a-half-month closing ...
Published 22 Jan, 2021 04:47am
Palm oil tumbles
Markets

Palm oil tumbles

KUALA LUMPUR: Malaysian palm oil futures fell 2% on Tuesday, closing at its lowest in almost two months, on worries...
Published 20 Jan, 2021 04:29am
Palm oil may test resistance at 3,757 ringgit
Markets

Palm oil may test resistance at 3,757 ringgit

  • The correction triggered by the resistance at 3,883 ringgit was driven by a wave 4, which may have ended around 3,679 ringgit, as suggested by its three-wave structure and the bounce from the Tuesday low of 3,690 riniggit.
Published 13 Jan, 2021 10:25am
Wheat up 10-12 cents, soy up 5-7 cents, corn up 1-3 cents
Markets

Wheat up 10-12 cents, soy up 5-7 cents, corn up 1-3 cents

  • Egypt has canceled an international tender to buy wheat with no purchase made, the country's state grain buyer said.
  • The CBOT's most-active corn contract gained in overnight trading in anticipation of a tightened supply and demand picture in Tuesday's USDA report.
Published 12 Jan, 2021 09:02pm
Palm falls as Jan 1-10 exports plunge
Markets

Palm falls as Jan 1-10 exports plunge

  • The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange fell 20 ringgit, or 0.5%, to 3,810 ringgit ($942.60) a tonne in early trade.
Published 11 Jan, 2021 11:36am