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Tag Archives: plantations

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 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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