Trends - soyabean - Business Recorder

soyabean

Palm oil extends losses on weaker rival edible oils; focus on export data

Palm fell for a second consecutive session after rallying 5% on Tuesday.

Published 20 May, 2021 11:17am

Markets

US MIDDAY: Soyabean, wheat and corn plunge

CHICAGO: US corn, soyabean and wheat futures fell sharply on Wednesday, with traders noting selling by investment...

Published 20 May, 2021 04:26am

Markets

Wheat tour finds above-average crops in northern Kansas

Scouts will tour fields in southwestern and south-central Kansas on Wednesday before releasing a final yield forecast for the state on Thursday.

Published 19 May, 2021 12:51pm

Markets

Taiwan's MFIG buys about 65,000 tonnes corn from Argentina

Seller was believed to be trading house Cargill, they said.

Published 19 May, 2021 12:37pm

Markets

Palm oil may fall to 4,273 ringgit

On the daily chart, the contract reapproached a strong resistance zone of 4,486 ringgit to 4,576 ringgit, formed by the 2008 high and a 161.8% projection level.

Published 19 May, 2021 12:08pm

Markets

Corn jumps 1.5% as USDA pegs planting behind forecast

The most-active soybean futures were up 0.5% at $15.95-1/4 a bushel, having closed flat in the previous session.

Published 18 May, 2021 11:18am

Markets

Palm oil may rise to 4,369 ringgit

This fall looks like a pullback towards the March 15 high of 4,192 ringgit, around which, the contract is stabilizing, as suggested by the doji forming on Monday.

Published 18 May, 2021 11:01am

Markets

Mauritius tenders to buy 4,000 tonnes white rice, optional origin

The rice was sought for delivery between Aug. 1 and Sept. 30. Tender deadline is June 1, traders said.

Published 17 May, 2021 03:39pm

Markets

Palm oil may retreat into 4,331-4,393 ringgit range

The gap appeared while a wave 5 was developing. It looks like an exhaustion gap, signalling a completion of the five-wave cycle from the April 30 low of 3,865 ringgit.

Published 17 May, 2021 12:00pm

Markets

Spot gold may rise to $1,876

The fall may be extended to $1,830. On the daily chart, the metal is poised to test a falling trendline.

Published 17 May, 2021 11:34am

Markets

EU wheat eases, rapeseed hits new high

PARIS: Euronext wheat edged lower on Wednesday as cereal markets consolidated after a recent rally and traders...

Published 13 May, 2021 03:10am

Markets

US MIDDAY: Soyabeans surge near 9-year high

SINGAPORE/PARIS: Chicago soyabeans climbed more than 1.5% on Wednesday to their highest in nearly nine years, as...

Published 13 May, 2021 03:10am

Markets

Palm oil may break resistance at 4,393 ringgit

It is expected to test the resistance zone of 4,486-4,576 ringgit, formed by the 2008 high and a 161.8% projection level.

Published 12 May, 2021 12:29pm

Markets

NY cocoa may drop to $2,414

Cocoa has broken a support at $2,474. It may test the next support at $2,414.

Published 12 May, 2021 12:26pm

Markets

US MIDDAY: Soyabean futures top $16 since 2012

PARIS/SINGAPORE: Chicago Board of Trade soyabean futures jumped 1.8% on Tuesday, surging above $16 a bushel for the...

Published 12 May, 2021 04:23am

Markets

US oil may fall to $62.62

A break above $65.45 could lead to a gain into $66.52-$67.98 range.

Published 11 May, 2021 12:28pm

Markets

Palm oil may retest resistance at 4,393 ringgit

It is expected to rise to 4,576 ringgit.

Published 11 May, 2021 12:27pm

Markets

Malaysian palm oil falls

KUALA LUMPUR: Malaysian palm oil futures declined more than 1% on Monday, after palm posted its best week in two...

Published 11 May, 2021 04:39am

Markets

Palm oil targets 4,494-4,556 ringgit range

A break below 4,393 ringgit, now a support, may cause a fall into 4,281-4,331 ringgit range.

Published 10 May, 2021 11:11am

Markets

Palm set for biggest weekly gain in two decades on supply worries

Dalian's most-active soyoil contract rose 1.8%, while its palm oil contract gained 2.4%. Soyoil prices on the Chicago Board of Trade were up 1%.

Published 07 May, 2021 11:44am

Markets

Palm oil targets 4,331-4,393 ringgit range

On the daily chart, the uptrend has just been confirmed. It looks steady and may develop faster over the next few weeks.

Published 07 May, 2021 11:38am

Markets

Palm oil closes at 13-year high

KUALA LUMPUR: Malaysian palm oil futures climbed more than 4% on Thursday to touch their highest level since 2008, ...

Published 07 May, 2021 04:35am

Markets

South Korea's NOFI tenders to buy up to 276,000 tonnes corn

The tender also closes on Thursday, May 6, they said.

Published 06 May, 2021 12:02pm

Markets

Palm oil targets 4,130-4,169 ringgit range

On the daily chart, the contract managed to close above a resistance at 4,026 ringgit for three days. It has escaped from a consolidation range of 3,856-4,026 ringgit, which suggests a target of 4,400 ringgit.

Published 06 May, 2021 11:59am

Markets

Palm oil poised to break resistance at 4,098 ringgit

Even though the contract failed four times to overcome this barrier, the subsequent corrections became shallower.

Published 05 May, 2021 12:23pm

Markets

Corn near 8-year high on supply concerns, wheat rebounds after sharp drop

SovEcon said Ukraine might also harvest a record high 36.6 million tonnes of corn this year versus 30.3 million tonnes in 2020.

Published 04 May, 2021 12:03pm

Markets

Palm oil may retreat into 3,967-4,010 ringgit range

The shallow correction on the hourly chart will be a basic preparation for breaking a resistance at 4,131 ringgit.

Published 04 May, 2021 11:59am

Markets

US MIDDAY: Corn hits 8-year high

CHICAGO: Chicago Board of Trade corn futures hit their highest price since March 2013 on Monday on strong demand for...

Published 04 May, 2021 04:26am

Markets

Corn hits 8-year high as dry weather in Brazil raises supply concerns

Large speculators cut their net long position in CBOT corn futures in the week to April 27, regulatory data released on Friday showed.

Published 03 May, 2021 12:22pm

Markets

Palm oil may rise into 3,967-4,010 ringgit range

A break below 3,855 ringgit could open the way towards the zone of 3,743-3,805 ringgit.

Published 03 May, 2021 12:18pm

Gainers
Losers
Leaders

Stock	Price
SME Leasing Ltd / Oct 3 SME Leasing Limited(SLL)	2.24 ▲ 0.47 (26.55%)
Hala Enterprise / Oct 3 Hala Enterprises Limited(HAEL)	8.99 ▲ 1.00 (12.52%)
Habib Ins. / Oct 3 Habib Insurance Company Limited(HICL)	5.05 ▲ 0.54 (11.97%)
Bank of Khyber / Oct 3 The Bank of Khyber(BOK)	11.92 ▲ 0.92 (8.36%)
Merit Packaging / Oct 3 Merit Packaging Limited(MERIT)	7.84 ▲ 0.59 (8.14%)
Engro Powergen / Oct 3 Engro Powergen Qadirpur Limited(EPQL)	25.02 ▲ 1.75 (7.52%)
Masood Textile / Oct 3 Masood Textile Mills Limited(MSOT)	41.82 ▲ 2.92 (7.51%)
United Dist. / Oct 3 United Distributors Pakistan Limited(UDPL)	34.06 ▲ 2.38 (7.51%)
First Tri-Star Mod. / Oct 3 First Tri-Star Modaraba(FTSM)	17.20 ▲ 1.20 (7.50%)
K.S.B.Pumps / Oct 3 KSB Pumps Company Limited(KSBP)	99.13 ▲ 6.92 (7.50%)

Stock	Price
Punjab Mod / Oct 3 First Punjab Modaraba(FPJM)	1.40 ▼ -0.39 (-21.79%)
Grays Leasing / Oct 3 Grays Leasing Limited(GRYL)	3.40 ▼ -0.70 (-17.07%)
First Elite Cap.Mod / Oct 3 First Elite Capital Modaraba(FECM)	2.71 ▼ -0.49 (-15.31%)
Next Capital / Oct 3 Next Capital Limited(NEXT)	4.14 ▼ -0.55 (-11.73%)
Aisha Steel(ConPS) / Oct 3 Aisha Steel(ConPS)(ASLPS)	8.17 ▼ -1.00 (-10.91%)
Leather Up Ltd. / Oct 3 Leather Up Limited(LEUL)	10.71 ▼ -0.98 (-8.38%)
Unicap Modaraba / Oct 3 Unicap Modaraba(UCAPM)	1.36 ▼ -0.12 (-8.11%)
Hussain Industries / Oct 3 Husein Industries Limited(HUSI)	15.40 ▼ -1.25 (-7.51%)
Mehmood Tex / Oct 3 Mehmood Textile Mills Limited(MEHT)	518 ▼ -42.00 (-7.50%)
Premier Sugar / Oct 3 The Premier Sugar Mills(PMRS)	521.37 ▼ -42.27 (-7.50%)

Stock	Volume
WorldCall Telecom / Oct 3 Worldcall Telecom Limited(WTL)	60,699,741 ▲ 0.01
Cnergyico PK / Oct 3 Cnergyico PK Limited(CNERGY)	18,949,237 ▲ 0.14
Oil & Gas Dev. / Oct 3 Oil & Gas Development Company Limited(OGDC)	17,023,821 ▼ -1.11
Unity Foods Ltd / Oct 3 Unity Foods Limited(UNITY)	8,518,496 ▼ -0.64
Bankislami Pak. / Oct 3 BankIslami Pakistan Limited(BIPL)	6,619,948 ▼ -0.06
Pak Petroleum / Oct 3 Pakistan Petroleum Limited(PPL)	6,591,768 ▼ -0.41
K-Electric Ltd. / Oct 3 K-Electric Limited(KEL)	6,049,235 ▲ 0.05
First Prudential Mod. / Oct 3 First Prudential Modaraba(PMI)	5,527,500 ▼ -0.08
Pak Refinery / Oct 3 Pakistan Refinery Limited(PRL)	5,279,550 ▲ 0.11
Fauji Foods Ltd / Oct 3 Fauji Foods Limited(FFL)	4,965,711 ▲ 0.15

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 3	286.04
USD PKR Interbank Buying / Oct 3	285.64
USD to Japanese Yen / Oct 3	149.79
USD to Swiss Franc / Oct 3	0.92
Pound Sterling to USD / Oct 3	1.21
Euro to USD / Oct 3	1.05
UK LIBOR % / Sep 28	5.43

Stock	Volume
S&P 500 / Oct 2	4288.39
India Sensex / Oct 2	65828.41
Nasdaq / Oct 2	13307.77
Dow Jones / Oct 2	33433.35
Tokyo Nikkei / Oct 3	31237.94
Hang Seng / Oct 3	17295.97
FTSE 100 / Oct 3	7509.27
Germany DAX 30 / Oct 3	15210.01
France CAC40 / Oct 3	7048.41

Item	Value
Karachi Cotton PKR/37.32 KG / Oct 2	18235
Gold 10 Grams PKR / Oct 2	173610
Crude Oil USD/Barrel / Oct 3	88.49
Gold Spot USD/Ounce / Oct 3	1827.91
Cotton US¢/pound / Oct 3	87.52

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