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Tag Archives: Palm oil

Malaysian palm oil price near 4-month high on stronger soy

Tuesday, 1 August 2017 KUALA LUMPUR: Malaysian palm oil futures hit a near four-month high in early trade on Monday, tracking overnight gains in soyoil on the Chicago Board of Trade and on forecasts of lower-than-expected output increases and end-stocks. The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange was …

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Malaysian palm oil price rebounds from losses on export expectations

Thursday, 20 July 2017 KUALA LUMPUR: Malaysian palm oil futures rebounded on Thursday evening, lifted from an earlier two-week low by expectations of stronger cargo surveyor data. The market had fallen on an expected increase in production, with Malaysia’s palm oil output on track to rebound this year from an El Nino-affected 2016, …

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Malaysian palm oil price sees sharpest fall in 3-weeks on weaker related oils

Friday, 14 July 2017 KUALA LUMPUR: Malaysian palm oil futures suffered the sharpest drop in three weeks on Thursday evening after a third straight session of losses, tracking weaker edible oils such as soyoil on the Chicago Board of Trade (CBOT). Declines in soyoil and palm olein on China’s Dalian Commodity Exchange also weighed …

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Malaysian palm oil price rebounds from early losses on forecasts for output drop

Wednesday, 5 July 2017 KUALA LUMPUR: Malaysian palm oil futures reversed early losses to make gains in the second half of trade, supported by forecasts of declining production which could dent local stock levels, traders said. The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange was up 0.2% at …

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