Palm prices jump over 2% due to low inventories and expectations of low output
After two sessions of declines, the price of Malaysian palm oils futures increased by more than 2%, boosted by expectations that palm production will be reduced and inventories in Malaysia will be low.
Palm gains due to low inventories and expectations of low output
The price of Malaysian palm oil futures increased on Tuesday due to expectations that palm production will be reduced and inventories will decrease. At midday, the benchmark palm oil contract on…
Palm trades in a sideways manner; weak Ringgit and technical buying limits losses
Technical buying and the weaker ringgit helped limit its losses. At the close, the benchmark contract for palm oil delivery in January on Bursa Derivatives Exchange dropped 6 ringgit or 0.13% to 4,530 Ringgit ($1,039.47).
Palm prices fall as India avoids premium prices but still has the best week for 16 months.
Malaysian palm futures ended lower on Friday, but still recorded its highest weekly gain since more than 16-months, as India pulled away from buying amid an increasing premium over soft oils. Fund…
Palm prices fall as India rejects premium prices and funds drive the market
Malaysian palm futures declined on Friday, but were still on track to have their best week in over 16 months. India pulled back from purchasing due to a growing premium for soft oils. Fund positions are driving the current prices.
Palm prices surge for a fourth day due to lower stocks and possible production drops
Malaysian palm oils jumped by more than 2% in value on Thursday. This was due to expectations that palm production would decline and the national stockpiles would be reduced. The benchmark contract…
Palmetto reaches highest level since over two years, due to low production and policy changes by top producers
The price of palm oil futures in Malaysia rose on Wednesday to its highest level in over two years, driven by the anticipated decline in production and the policy actions of two major producers.
Palm oil increases by more than 2% compared to rival oils
The price of palm oil in Malaysia rose by more than 2% Tuesday due to the strength of rival oils. The benchmark contract for palm oil delivery in January on the Bursa Derivatives Exchange rose 88 ringgit or 2.05% to 4…
VEGOILS - Boost exports on the back of positive estimates and weak output
Malaysian palm oil futures ended up higher on Monday after two sessions of losses. Supported by higher export estimates, and expected seasonal palm production decreases, the prices rose. The benchmark…
Palm gains from better export estimates and expectations of low output
After two sessions of declines, Malaysian palm oil futures eked out a slight gain on Monday, backed by increased export estimates and expected seasonal palm production decreases. The benchmark…
Export data for Malaysia 2025 shows palm oil prices falling on the back of profit-taking.
Profit-taking led to a reversal of gains in the Malaysian palm oil futures on Friday, although traders are expecting the market to be supported by the announcement of the Malaysian budget for 2025 and the export data.
Palm oil prices fall due to mix-trading in rival oils
Malaysian palm futures fell on Thursday, after a previous session that saw them rise. This was due to mixed trading of rival oils. The benchmark contract for palm oil delivery in January on Bursa…
Palm prices weighed down overnight by weakness in Chicago crude and soyoil prices
Malaysian palm futures fell on Thursday due to a drop in crude and soyoil prices overnight in Chicago. However, Dalian oils were stronger, which supported the market. At midday, the benchmark palm…
Palm snaps two-day loss streak due to short-term supply and demand outlook
Malaysian palm-oil futures rose on Wednesday, ending a two-day loss streak. This was due to the expected supply outlook next year, and short-term demand. The benchmark contract for palm oil delivery…
Palm gains on short-term supply, but much-anticipated first-quarter outlook
After two sessions of declining prices, Malaysian palm futures rose Wednesday on the back of an expected increase in supply for next year, and on short-term demand. At midday, the benchmark palm…
Palm oil continues to decline against weaker competitors; export data cap losses
The price of Malaysian palm oils futures dropped for the second session in a row on Tuesday. This was due to the weakness of rival edible oil and crude oil, but robust export data helped limit this fall.
Palm extends its loss due to rival oil weakness
The price of Malaysian palm oils futures continued to fall on Tuesday. This was due to the weakness in other oils, but strong export data helped limit losses. By midday, the benchmark palm oil…
VEGOILS - Palm erases early gains, speculative purchasing and short covering cap losses
Malaysian palm futures reversed gains and closed lower on Monday as crude oil prices fell. However, speculative purchases and short-covering helped limit the losses. The benchmark palm-oil contract…
Palm oil prices rise on speculation and short-covering
Malaysian palm futures were up on Monday due to a combination speculative purchases and short covering. However, gains were limited by the lower crude oil price. By midday, the benchmark palm oil…
Palm surges on data from cargo surveyors and rival oils, logging a 4th weekly gain
Malaysian palm futures gained more than 2% Friday, logging a fourth consecutive weekly gain. This was due to stronger rival edible oils as well as positive data from cargo surveyors. The benchmark…
