Palm prices fall as Trump tariffs lead to profit booking
Malaysian palm futures fell on Thursday after a four session rally. Profit-taking was blamed for the decline, following President Donald Trump’s tariffs against trade partners. At midday, the benchmark…
Palm oil climbs as Chicago soyoil and crude oil prices firm up
The market for Malaysian palm oils futures rose on Wednesday, marking the fourth session in a row. This was due to gains in Chicago soyoil prices and energy. The benchmark contract for palm oil delivery…
Palm oil rises as Chicago soyoil and crude oil prices strengthen
Malaysian palm futures were up for the fourth consecutive session on Wednesday, supported by gains in Chicago soyoil as well as energy. At midday, the benchmark palm oil contract on Bursa Derivatives…
Palm oil falls due to Dalian Oil's weakness; soft ringgit caps losses
The Dalian Commodity Exchange saw a decline in the price of vegetable oil, which pushed down the palm oil futures for the second session running. However, a weaker currency helped to limit the losses.
Palmetto slips with a second consecutive weekly loss
Palm oil ended lower on Friday, and recorded a second consecutive weekly loss. This was due to a decline in Chicago soyoil and the persistently slow performance of Malaysian palm oil exports. The benchmark…
VEGOILS - Palm up in hopes of better demand, but second consecutive weekly loss
Palm oil prices rose on Friday, on the hope of improved demand from India and China. However, they were still heading for their second consecutive weekly loss because of weakness in Chicago soyoil…
Export data from surveyors show palm gains on Dalian
The price of Malaysian palm oils futures rose for the second consecutive session on Thursday. This was due to the strong performance in Dalian and the newly released export surveyors data. The benchmark…
Palm logs weekly losses; low demand puts pressure on the market
Malaysian palm futures rose marginally on Friday, but posted a loss for the week as profit-taking and weaker demand in major destination countries kept market pressure. The benchmark contract for palm…
Palm on course for a weekly loss due to weak demand
Malaysian palm futures rose on Friday, after earlier falling. However, the market was still set to lose money for the week as profit-taking along with weak demand in key destinations countries kept it under pressure.
Palm prices rise on fear of lower production, but demand is weak.
Malaysian palm futures rose Thursday, supported by lower production levels. However, persistent concerns about demand from key import countries limited gains. By midday, the benchmark May palm oil…
EIA: US crude oil inventories are rising, but fuel is being drawn down due to ongoing maintenance.
The Energy Information Administration (EIA), which tracks seasonal refinery maintenance, reported on Wednesday that U.S. crude stockpiles increased and fuel inventories decreased last week. The EIA…
Palm climbs up stronger Dalian palm
The price of Dalian palm oil, which is the main source of palm oil in Malaysia, has been rising steadily, and this helped to support the market on Wednesday. By midday, the benchmark May palm oil contract…
Palm slips due to weaker Dalian oil; Indian imports increase limit fall
The Malaysian palm futures continued to decline for a second consecutive session on Tuesday. Pressured by Dalian Oils, whose prices were lower, an increase in India’s palm oil imports helped limit the loss.
Palm oil is a weaker competitor to other oils
The price of Malaysian palm oils futures dropped for the second session in a row on Tuesday. This was due to weaker edible oils from rival producers and concerns over U.S. tariff policies. By midday…
VEGOILS - Palm falls due to profit taking, Chicago soyoil weakness, and bearish MPOB stock
Malaysian palm futures ended three sessions of consecutive gains on Monday. Profit-taking and lower Chicago soyoil price pressures, as well as a slower than expected decline in inventories, were to blame.
Palm falls due to profit-taking and weakness in Chicago Soyoil
Malaysian palm futures dropped on Monday, ending three sessions of gains. Profit-taking and lower Chicago soybean oil prices were to blame. At midday, the benchmark palm oil contract on Bursa Malaysia's…
Palm oil is gaining on rival oils, but caution prevails in the face of US tariffs
Malaysian palm futures rose on Thursday as they tracked the movement of rival oils in Dalian and Chicago, but caution about U.S. Tariffs limited gains. By midday, the benchmark contract for palm oil…
VEGOILS - Palm oil gains over Chicago soyoil; inventory data to be released
After two sessions of losses on the Chicago Soyoil Market, the Malaysian Palm Oil Board's futures prices rose on Wednesday. By midday, the benchmark contract for palm oil delivery in May on the Bursa…
Palm oil falls due to weaker Dalian oils, and US tariffs
Malaysian palm futures fell on Tuesday due to weaker Dalian oils, and worries about upcoming U.S. trade tariffs against key trading partners. By midday, the benchmark contract for palm oil delivery…
Palm oil falls on weaker Dalian oil, Sino-US Tariff War
Malaysian palm oils futures ended lower on Tuesday due to weaker Dalian oils, and fears over China's response to new U.S. duties on Chinese products. The benchmark May palm oil contract on Bursa Derivatives…
