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 …
Read More »Malaysian palm oil price falls from near 2-week high on weak exports
Saturday, 1 July 2017 KUALA LUMPUR: Malaysian palm oil futures fell from a near two-week high on Friday, reversing gains made earlier, as they were weighed down by weaker exports and expectations of rising production. Palm was up earlier, tracking overnight soyoil on the Chicago Board of Trade (CBOT) and supported by a …
Read More »Chinese demand for palm oil set to drop
Thursday, 25 May 2017 KUALA LUMPUR: Palm oil demand from China, the world’s No.2 importer of the commodity, is set to drop in coming months as supplies of alternative edible oils flood local markets, industry sources said. Sluggish Chinese appetite for palm oil, used in everything from preparing food to …
Read More »Palm oil : Weaker demand, price falls for 2nd day
Tuesday, 20 December 2016 KUALA LUMPUR: Malaysian palm oil futures fell for a second straight session on Monday after earlier touching a four-and-a-half-year high hit in the previous session, as the market weakened on expectations that data due out on Tuesday will show a fall in export demand. Benchmark palm oil futures for March …
Read More »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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