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. At the close, the benchmark…
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. By midday, the…
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 Derivatives Market fell by 74 ringgit or 1.64% to 4,434 Ringgit per metric ton.
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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 for palm oil delivery in March…
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 exchange fell 34 ringgit (0.71%) to 4…
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 Derivatives Exchange fell 67 ringgit or 1.41% to 4…
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 Derivatives Exchange benchmark contract dropped 1.2% at close to 4…
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% ($1,082.77) to 4,827 Ringgit ($1,082.77) per metric ton.
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 palm oil contract on Bursa…
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 benchmark palm oil contract on…
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, the second largest producer in the world.
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 set to increase for a second consecutive week.
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 Malaysia's Derivatives exchange…
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 November poll conducted among planters and analysts to determine the direction.
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 oil prices rise on the back of bargain-buying and stronger Dalian oils
Malaysian palm oils futures rose for the fourth consecutive session on Thursday. This was boosted by Dalian oil's strength and bargain-buying. The benchmark contract for palm oil delivery in February on the Bursa Derivatives exchange rose by 86 ringgit or 1.79% to 4…
Palm gains from firmer Chicago soyoil; production concerns in Malaysia
Malaysian palm futures rose on Wednesday, for the third session in a row. This was boosted by the firmer Chicago soyoil as well as production concerns. At midday, the benchmark palm oil contract on Bursa Derivatives Exchange for February delivery gained 36 ringgit or 0.76% to 4…
Palm oil prices near record highs as Soyoil takes the lead -Braun
Palm oil is not the cheapest oil in the world, despite being the most abundant vegetable oil. Supply concerns have driven up the price by almost 30% this year. Prices for soybean oil, a rival product, have fallen by more than…
Palm prices rise on higher soyoil, in anticipation of a decline in production
The price of Malaysian palm oil futures increased on Tuesday, reflecting the gains made by rival soyoil and supported in part by an expectation that production will decline in Malaysia. By midday, the benchmark palm oil contract…
