Palm oil gains on stronger edible oils and logs weekly gain
Malaysian palm futures rose Friday, ending a three-week loss streak as higher rival edible oils lifted sentiment. The benchmark contract for palm oil delivery in July on the Bursa Derivatives Exchange rose 22 ringgit or 0.55% to 4…
Palm oil prices rise on stronger edible oils and are set to gain weekly
Malaysian palm futures rose on Friday as the market regained confidence after a three-week loss streak. At midday, the benchmark palm oil contract on Bursa Derivatives Exchange for July delivery gained 80 ringgit or 1.98% to 4…
Palm futures are flat due to rising production and a strong Ringgit, which offset the boost from rival oils
Malaysian palm oils futures were little changed Thursday, as participants awaited clues from vegetable oil competitors. However, a strong Ringgit and increasing production limited gains. At closing…
Palm futures stable as strong ringgit and rising production offset boost from rival oil
Malaysian palm oils futures were in a tight range Thursday, as participants waited for cues from the market amid support by rival vegetable oil. However, despite a strong Ringgit and increasing production, gains were limited.
Palm prices rise on bargain-buying; stronger Ringgit and economic uncertainty limit gains
Malaysian palm futures gained on Tuesday, after six sessions of consecutive losses. Supported by bargain-buying, the gains were limited, however, by a stronger Ringgit and economic uncertainty.
VEGOILS - Buy more bargains, but the ringgit is stronger; economic uncertainty limits gains
The price of palm oil in Malaysia rose on Tuesday. This was due to bargain-buying, but the stronger ringgit, as well as economic uncertainty, limited gains. At midday, the benchmark palm oil contract…
Palm oil falls on firmer Ringgit, weaker soyoil and crude oil
Malaysian palm futures continued to fall on Monday, for the sixth consecutive session. The market was weighed down by a weaker ringgit, a decline in crude oil, and the weakness of soyoil. Concerns about U.S.
Palm oil falls due to weaker soyoil and a firmer Ringgit
Malaysian palm futures declined on Monday for a sixth consecutive session as a result of a weaker ringgit, a decline in crude oil, and the weakness of soyoil. Concerns about U.S. trade tariffs also contributed to the drop.
Palm records its lowest weekly loss in 28 weeks, a third-weekly loss.
Malaysian palm oils futures reversed gains earlier, following rival oils in Dalian, and recorded a third consecutive weekly loss on Saturday, their lowest drop in 28 weeks. The benchmark contract…
Palm trades higher but still on course for a third weekly loss
Malaysian palm oils futures continued to rise on Friday. They ended a losing streak of four sessions, thanks to the strength of rival vegetable oil, but they remain on track for a third consecutive weekly decline.
Palm production increases, causing a fourth consecutive session of declines
Malaysian palm futures dropped for the fourth session in a row on Thursday, closing at their lowest level since October 1. This was due to expectations that production would increase. However,…
Palm oil prices close at their lowest level since October, as weak competitors weigh
Malaysian palm oils futures continued to lose money on Wednesday due to the lacklustre performance of Dalian vegetable oil and expectations for improved production. The benchmark July palm oil…
Palm trades lower than Chicago soyoil amid concerns about economic headwind
Malaysian palm futures continued to fall on Monday as they tracked the weakness of rival soyoil on the Chicago market. Meanwhile, escalating U.S. China trade tensions despite a suspension of tariffs…
Palm trades lower and is set to suffer a second weekly loss
The Malaysian palm futures contract reversed its morning gains as it sought new directions. It is now heading towards a second weekly loss. By midday, the benchmark June palm-oil contract traded…
Palmetto prices end higher in Dalian and rising inventories
Malaysian palm oils futures rose on Thursday, wiping out the losses of the previous session. They were supported by strong rival oils in Dalian, and data from Malaysian Palm Oil Board, which showed an increase in March inventories.
Malaysian palm oil surpasses rival edible oils
Malaysian palm futures rose on Thursday, erasing the losses of last session, and tracking stronger competing edible oils. Data from the Malaysian Palm Oil Board showed an increase in inventories for March.
Palm oil ends lower than rival oils as tariff wars cause anxiety
Malaysian palm futures ended lower on Wednesday. They erased last session's gains. This was due to the decline of rival edible oils traded in Dalian and Chicago, and the growing economic anxiety over tariff wars.
Palm oil trades lower than rival oils amid fears of tariff wars
Malaysian palm futures continued to lose on Wednesday. They erased last session's gains. This was due to the competition from edible oils traded in Dalian and Chicago, and the growing economic anxiety over tariff wars.
Palm oil is gaining to follow Chicago soyoils and crude oil higher
Malaysian palm oils futures climbed slightly higher on Tuesday after three sessions of losses. They mirrored the movement in crude oil, Chicago soyoil and other commodities, but concerns over high Malaysian stocks of palm oil capped gains.
Palm oil is gaining to follow Chicago soyoils and crude oil higher
The price of Malaysian palm oils futures rose on Tuesday. This ended a three-session losing streak, boosted by the strength of crude oil, Chicago soyoil and a weaker Ringgit. By midday, the benchmark…
