Archived News
23-05-2018
Malaysian palm oil/Vegoils: Market factors to watch Wednesday May 23
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday May 23.
23-05-2018
Malaysian palm oil price hits 6-week peak on stronger crude oil and soyoil
KUALA LUMPUR: Malaysian palm oil futures climbed to a six-week high in evening trade on Tuesday, charting a third session of gains in four, tracking overnight strength in U.S. soyoil and crude oil prices.
23-05-2018
Palm oil has a large share of consumption, mostly imported-Crisil Research
Consumption of major edible oils1 in India stood at 22 million tonne (MT) in oil year (OY) 2016-17, i.e. November 2016 to October 2017, and was valued at ~Rs 1.4 lakh crore. Domestic production met only 30% of that demand; the rest was imported.
23-05-2018
Crude palm oil rises 0.40% on firm spot demand
NEW DELHI: Crude palm oil prices rose 0.40 per cent to Rs 669 per 10 kg in futures trade today as speculators increased positions amid a firm demand at the spot market.
23-05-2018
European vegoils-Palm oil stronger on firm soyoil and energy
ROTTERDAM: Palm oil on the European vegetable oils market was firmer on Tuesday, tracking Malaysian palm oil futures that were supported by stronger CBOT soyoil futures and energy markets.
22-05-2018
Malaysian palm oil/Vegoils: Market factors to watch Tuesday May 22
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
22-05-2018
Malaysian palm falls in late trade on weak export data
KUALA LUMPUR: Malaysian palm oil futures declined on Monday evening, snapping two sessions of gains, weighed down by weaker export data from a cargo surveyor and an inspection company.
22-05-2018
Soybean prices climb as U.S., China trade war truce lifts ‘veil of
Soybean prices climbed Monday, poised for their strongest one-day gain in more than a month, as the U.S. declared an apparent truce in its trade spat with China.
22-05-2018
Singapore shares gain amid Asian rally, Malaysia falls
Singapore shares rallied Monday along with the rest of Asia as investors drew comfort after U.S. and China softened import tariff threats against each other, while announcing intent to work out details of a wider deal. Malaysia shares slipped.
22-05-2018
Edible oils rules weak
Edible oils market ruled weak on lack of demand, bearish futures amid weak rupee making import costly
21-05-2018
Malaysian palm oil/Vegoils: Market factors to watch Monday May 21
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday May 21.
21-05-2018
Indonesia’s palm oil policy points way for Nigeria
Indonesia is world’s largest palm oil producer and exporter by a mile today. The Southeast Asian country produces 36 million metric tonnes (MT) of palm oil annually, followed by Malaysia, with 21 million MT