Monday, December 23, 2024

Chicago Board Of Trade News

Palm rebounds against Dalian soyoil and bargain-buying

After six consecutive sessions of losses, the price of palm oil in Malaysia rose on Monday. This was boosted by higher Dalian soyoil and traders buying cheaper contracts following recent declines.

Palm oil rises in line with stronger Dalian soyoil

Malaysian palm futures climbed on Monday, ending a six session losing streak. The rebound in Dalian soybean oil prices, and traders buying cheaper contracts following the recent declines, were behind this rise.

Palm extends its losses and records second weekly loss

Malaysian palm futures closed lower on Friday, and recorded a second weekly loss in a row due to sluggish demand for exports. The benchmark contract for palm oil delivery in March on the Bursa…

Palm oil prices continue to fall amid uncertainty about biofuel policies in Indonesia and the US

Malaysian palm futures fell on Thursday for the fifth consecutive session as market uncertainty over Indonesian biofuel policies and U.S. policy weighed on it. At midday, the benchmark contract…

Palm prices fall for the third consecutive session due to poor demand in key markets

The price of palm oil in Malaysia fell for the third consecutive session on Tuesday due to weak demand from major destination markets. At the close, the benchmark contract of Bursa Malaysia's Derivatives…

Palm oil demand falls due to poor demand in key markets

The price of Malaysian palm oils futures dropped for the third session in a row on Tuesday due to a lackluster demand from major destination markets. By midday, the benchmark contract of Bursa…

Palm oil ends lower due to losses in soyoil; weaker Ringgit limits decline

Malaysian palm futures fell for the second consecutive session on Monday, giving up gains made at midday following losses by rival soyoils. However, a weaker Ringgit helped limit losses. Bursa…

Palm oil rebounds on Dalian Oils, stronger rival, and a weaker ringgit

Malaysian palm futures recovered on Monday following the recovery of rival Dalian oils as well as a weakening of the ringgit. By midday, the benchmark contract of Bursa Derivatives' Exchange rose 0.23% ($1…

Palme ends the week with a loss of more than 4%

Malaysian palm oils futures continued to lose money on Friday as they tracked the weakness of rival vegetable oil at Chicago and Dalian and recorded a loss for the week. On the closing, the benchmark…

VEGOILS - Palm trades slow on the back of weaker oil rivals; set to a loss for the week

Malaysian palm oils futures continued to fall on Friday as they tracked the weakness of rival vegetable oil at Chicago and Dalian, and were expected to record a loss for the week. By midday, the…

Dalian palm and VEGOILS-Palm end lower in profit-booking

Malaysian palm futures continued to lose on Wednesday as traders booked profits after early gains that had been triggered by a fall in November stocks. The benchmark palm-oil contract for February…

VEGOILS-Palm trades lower after Malaysian palm oil data

The price of Malaysian palm futures dropped on Tuesday, after the data released by the industry regulator confirmed that market expectations were correct. This was due to a decline in Malaysian stocks, production and exports.

VEGOILS - Palm oil drops as the weather improves in Malaysia. Gains for a second consecutive week

The price of Malaysian palm oils futures fell on Friday as supply concerns eased. However, the contract continued to rise for the second consecutive week, thanks to improved weather conditions in Malaysia…

Palm oil drops as the weather improves in Malaysia. Set for second week gains

The price of Malaysian palm futures fell on Friday as supply concerns eased. Weather conditions in Malaysia, the second largest producer of palm oil, also improved. However, the contract was still…

Palm prices rise on lower-than-expected end-Nov stock forecasts

Malaysian palm futures rose on Thursday due to lower estimated November stocks. The country is the second largest palm oil exporter in the world. By midday, the benchmark palm oil contract on Bursa…

Palm oil futures in Malaysia rise on Dalian's market.

The price of Malaysian palm oils futures increased for the second session in a row on Wednesday. This was fueled by the strong Dalian vegetable oil contract. However, the market focus was on the…

Palm snaps a five-day rally as soyoil weakens

Malaysian palm futures dropped on Monday, ending a streak of five consecutive sessions in which they had gained. They were dragged lower by a decline in the prices of soyoil in Dalian and Chicago, and lower November exports.

Palm snaps five-day rally as soyoil weakens

Malaysian palm futures dropped on Monday, ending a streak of five consecutive sessions in which they had gained. They were dragged lower by a decline in the prices of soyoil in Dalian and Chicago, and lowered exports for November.

Palm gains for the fifth time in a row, logging a weekly gain

Malaysian palm futures rose on Friday for the fifth consecutive session, and recorded a weekly gain amid concerns about supply as heavy rains in Malaysia exacerbated already low production levels.

Palm oil prices rise on the back of supply problems; set to gain weekly

Malaysian palm futures rose for the fifth session in a row on Friday, and are on track to gain a week-long gain amid concerns about supply as heavy rains were exacerbating low production levels.