Archived News
10-03-2021
VEGOILS-Palm oil gains for fifth straight day on stronger soyoil, crude
KUALA LUMPUR, March 9 - Malaysian palm oil futures rose for a fifth straight session on Tuesday, tracking gains in crude and soyoil, as adverse weather in South America stoked supply concerns.
10-03-2021
Palm oil may drop into 3,801-3,834 ringgit range
SINGAPORE: Palm oil may drop into a range of 3,801-3,834 ringgit, following its failure to break a resistance at 3,959 ringgit per tonne.
10-03-2021
Eurocham monitoring FGV and Sime Darby Plantation’s ban by US Customs & Border Protection
KUALA LUMPUR (March 9): The EU-Malaysia Chamber of Commerce and Industry (Eurocham) is monitoring the situation when it comes to the US Customs and Border Protection (US CBP)’s Withhold Release Orders (WROs) on palm oil and palm products produced by FGV Holdings Bhd and Sime Darby Plantation Bhd.
10-03-2021
VEGOILS-Palm ends at 10-year high on soy, crude strength
KUALA LUMPUR, March 9 (Reuters) - Malaysian palm oil futures on Tuesday rose for a fifth straight day to close at a 10-year high, as it tracked a rally in crude and soyoil futures.
10-03-2021
After petrol, now edible oil puts kitchen budget on fire, increases upto 60% in a year
New Delhi: Common man, reeling under high inflation is also facing double attack on oil prices --both consumer fuel including petrol and diesel and edible oil.
10-03-2021
Rapeseed rush sends prices soaring as Chinese demand swells
PARIS/WINNIPEG/SHANGHAI — Rapeseed prices are surging to record highs as traders scour the world for supplies of the oil-rich crop, illustrating growing strain across oilseed markets exerted by booming Chinese demand.
10-03-2021
Minister: Commodity, commodity-based products sectors contributed RM85.1b to Malaysia’s GDP in 2020
KUALA LUMPUR, March 9 ― The commodity and commodity-based products sectors contributed RM85.1 billion to the country’s gross domestic product (GDP) last year, Plantation Industries and Commodities Minister Datuk Mohd Khairuddin Aman Razali said.
10-03-2021
Soyabean surge on CBOT sows hopes of higher oilseed crop in India
Soyabean prices surged to a near seven-year high of $14.44 a bushel (₹3,875 a quintal) on the Chicago Board of Trade on Monday on excess rains in Brazil and dry weather in Argentina.
10-03-2021
Soybeans edge lower with South American weather, USDA report in focus
PARIS/SINGAPORE- Chicago soybean futures inched down on Tuesday, consolidating after hitting near a seven-year peak a day earlier and ahead of a U.S. government report expected to trim projected global supplies amid adverse crop weather in South America.
10-03-2021
VEGOILS-Palm oil snaps five-day rally ahead of key data, down over 1%
KUALA LUMPUR, March 10 (Reuters) - Malaysian palm oil futures snapped a five-session winning streak on Wednesday, dragged by cheaper rival oils and expectations of higher supply and weak exports.
09-03-2021
Oil settles lower, shrugs off Saudi attack after climbing above US$70/bbl
Oil prices settled lower on Monday, retreating from a session peak above $70 a barrel after attacks on oil facilities in Saudi Arabia lifted prices that high for the first time since the COVID-19 pandemic began.
09-03-2021
OILSEEDS PRICES
OILS (per 10 Kgs) G.Nut Raw 1525.00 Kardi Expeller - Sesame Expeller - Sunflower Exp. 1620.00