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Tag Archives: Palm oil

Palm oil price falls on year-end profit taking

Friday, 30 December 2016 KUALA LUMPUR: Malaysian palm oil futures eased on Thursday, dipping after two sessions of gains on year-end profit-taking and in line with declines in rival soyoil. The tropical oil had risen to its highest in a week-and-a-half on Wednesday, supported by a rebound in exports and tight market supplies.  Benchmark palm …

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Malaysian palm oil price falls for second day, tracking rival oils

Saturday, 27 August 2016   KUALA LUMPUR Malaysian palm oil futures posted a second straight session of losses on Friday, pulled down by weaker-performing rival oils, and charted a weekly loss following three weeks of gains.     Soybean futures on the Chicago Board of Trade are down on forecasts for above-average crop yields …

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Malaysian palm oil price in line for weekly decline, tracking weaker oils

Friday, 26 August 2016   KUALA LUMPUR: Malaysian palm oil futures recorded their first session of declines in three on Thursday, weighed down by weaker related vegetable oils, despite strong cargo surveyor export data for August.     Benchmark palm oil futures for November on the Bursa Malaysia Derivatives Exchange fell 1.5 percent to …

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Malaysian palm oil price records biggest gains in nearly a year

Tuesday, 16 August 2016   KUALA LUMPUR: Malaysian palm oil futures made their biggest gains in nearly a year, charting a second positive session on Monday evening, tracking firmer competing vegetable oils and supported by strong export data.      Benchmark palm oil futures for October on the Bursa Malaysia Derivatives Exchange surged 3.8 …

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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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