Berita Arkib

Malaysian palm oil futures rose on Friday and were set to gain for a fifth consecutive week, their longest weekly winning streak in more than a year, underpinned by concerns over declining production as a labour shortage hampers output.

Malaysian palm oil futures closed lower on Thursday for a second straight session, weighed by weakness in rival soyoil ahead of the country's export tax announcement

Oil prices rose on Thursday, extending strong gains made in previous sessions on expectations of tighter supplies until the end of the year as economies recover from the coronavirus crisis.

Malaysian palm oil futures edged down on Wednesday on a decline in July exports so far and lower rival Chicago soyoil prices, but losses were capped by a weaker ringgit and supply worries.

This rally is despite the 10% export tax reduction by Indonesia and 5% duty reduction by India, he said. There are several reasons for the increase in edible oil demand across Asia post the second Covid wave.

KUALA LUMPUR, July 22 (Reuters) - Malaysian palm oil futures declined for a second straight session on Thursday, tracking losses in rival soyoil and weighed down by weaker exports during July 1 to 20.

KUALA LUMPUR, July 22 (Reuters) - Malaysian palm oil futures fell on Thursday for a second straight session, tracking weakness in rival soyoil ahead of the country's export tax announcement, with weaker exports this month so far further weighing on sentiment.

On Wednesday, the CME Group’s farm markets close well off their daily highs. At the close, the Sept. corn futures closed unchanged at $5.71½. New-crop Dec. futures ended 2¾¢ higher at $5.68½. March corn futures finished 2½¢ higher at $5.75½.

The current high prices in the oilseed complex were triggered by a combination of poor growing conditions in multiple key growing regions and voracious oilseed import demand from China, but what can we expect over the longer term for oilseeds, including Canola?

KUALA LUMPUR, July 21 (Reuters) - Malaysian palm oil futures eased on Wednesday on a likely decline in July exports so far, but a weaker ringgit and supply worries due to a labour shortage limited losses.

KUALA LUMPUR, July 19 (Reuters) - Malaysian palm oil futures rose on Monday for a fourth session in five, as the ringgit eased and fears mounted about tightening global supplies due to a labour shortage in Malaysia and dry weather in several major edible oil producing countries.

RIO DE JANEIRO, BRAZIL – Argentina’s soybean oil exports will likely increase, driving down international prices for the product, due to a new law in the country that reduces the volume of soy-based biodiesel that is blended with regular diesel sold locally, industry officials said Monday (19)