Trends - Palm Oil - Business Recorder

Palm Oil

Palm ends nearly 2pc lower as exports, rival oils fall

Malaysia's palm oil exports for August 1-10 fell between 4.8pc and 6.2pc from July, cargo surveyors said.

Published 10 Aug, 2020 04:08pm

Markets

Palm oil futures track Dalian palm, soyoil higher

Palm rose as much as 3.2pc in the previous session after cargo surveyors reported that July exports rose 5.8pc-6.8pc on-month.

Published 04 Aug, 2020 04:41pm

Markets

Palm oil extends falls on cheaper rivals, profit-taking

The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange declined 2.4pc to 2,608 ringgit ($613.65) a tonne when markets closed.

Published 28 Jul, 2020 03:57pm

Markets

Palm oil tracks soyoil fall, wet weather stokes supply concerns

Palm oil for October delivery on the Bursa Malaysia Derivatives Exchange fell 7 ringgit, or 0.26pc, to 2,649 ringgit ($623.59) a tonne by the midday break.

Published 23 Jul, 2020 05:43pm

Markets

Palm oil bounces back, hovers near 5-month high on supply concerns

Palm rose nearly 1.8pc and closed at its highest since Feb. 13 in the previous session.

Published 21 Jul, 2020 05:59pm

Markets

Palm oil bounces back on stronger crude

The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange settled up 21 ringgit.
Crude oil prices rose after a volatile session sparked by confusion over the status of the US-China trade deal.

Published 23 Jun, 2020 06:06pm

Markets

Palm oil falls on likely drop in global consumption, higher production

The Southern Peninsular Palm Oil Millers Association, meanwhile, has estimated June 1-20 production in some parts of Malaysia to have jumped 18.8%.
The Malaysian Palm Oil Council in the same seminar projected that oil prices would average 2,337 ringgi

Published 22 Jun, 2020 04:19pm

Markets

Palm reverses gains on concerns over new virus cases, production

The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange traded 0.1pc lower at 2,358 ringgit($551.84) a tonne by midday.

Published 18 Jun, 2020 06:58pm

Markets

Palm rises on hopes of higher exports, recovery in other commodities

The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange climbed 2.88pc to 2,359 ringgit ($552.01) a tonne.

Published 16 Jun, 2020 03:45pm

Markets

Palm ends higher on weaker ringgit, clocks fifth weekly rise

The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange closed up 4 ringgit, or 0.17pc, at 2,370 ringgit ($555.69) a tonne, after falling as much as 1.9pc.

Published 12 Jun, 2020 08:32pm

Markets

Palm falls on higher output forecast, set to snap 4 weekly gains

The Southern Peninsular Palm Oil Millers Association estimated June 1-10 production in some parts of Malaysia rose 31.7pc from the previous month, traders said.

Published 12 Jun, 2020 04:58pm

Markets

Palm ends higher as solid June shipments stoke demand optimism

Malaysia's June 1-10 palm oil exports jumped between 60pc and 64pc from the previous month, cargo surveyors said on Wednesday.

Published 11 Jun, 2020 03:23pm

Markets

Indonesia April palm oil exports at 2.65mn tonnes

Crude palm oil output were up 12.6pc on month in April, GAPKI's statement said, while stockpiles stood at 3.4 million tonnes at the end of April, little changed from a month earlier.

Published 08 Jun, 2020 04:21pm

Markets

India's May palm oil imports halve as lockdown dents demand

Lower imports by India, the world's biggest importer of edible oil, could put pressure on Malaysian palm oil prices.
The country's edible oil imports in the first seven months of the 2019/20 marketing year ending on Oct. 31, have dropped 18pc from a

Published 04 Jun, 2020 03:47pm

Markets

Palm oil gains as traders see lower May output

The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange rose 31 ringgit, or 1.36pc, to 2,316 ringgit ($539.86) by the midday break.
"Malaysia May palm oil exports is estimated in the range of 1.25-1.26 million

Updated 02 Jun, 2020 07:39pm

Markets

Palm oil scales near two-month high as May exports rise

The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange rose 39 ringgit, or 1.7pc, to 2,331 ringgit ($540.33) a tonne by the midday break, its highest since April 9.

Published 01 Jun, 2020 05:21pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 6	278.40
USD PKR Interbank Buying / May 6	278.20
USD to Japanese Yen / May 6	154.45
USD to Swiss Franc / May 6	0.91
Pound Sterling to USD / May 6	1.26
Euro to USD / May 6	1.08

Stock	Volume
S&P 500 / May 6	5180.74
India Sensex / May 6	73895.54
Tokyo Nikkei / May 6	38616.50
Nasdaq / May 6	16349.25
Hang Seng / May 6	18511.78
FTSE 100 / May 6	8213.49
Dow Jones / May 6	38852.27
Germany DAX 30 / May 6	18175.21

Item	Value
Crude Oil USD/Barrel / May 6	78.67
Karachi Cotton PKR/37.32 KG / May 6	19935
Gold 10 Grams PKR / May 6	206190
Gold Spot USD/Ounce / May 6	2322.75
Cotton US¢/pound / May 6	77.75
Petrol/Litre / May 7	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 7 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 7 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 7 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 7 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 7 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 7 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 7 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 7 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 7 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 7 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 7 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 7 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 7 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 7 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 7 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 7 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 7 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 7 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 7 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 7 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 7 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 7 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 7 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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