PALM NEWS MALAYSIAN PALM OIL BOARD Tuesday, 07 Apr 2026

Jumlah Bacaan: 177
MARKET DEVELOPMENT
VEGOILS-Market Factors To Watch April 13
calendar13-04-2016 | linkReuters | Share This Post:

13/04/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

FUNDAMENTALS

* Malaysian palm oil futures fell in evening trade to the lowest in almost a month following the release of government data showing better-than-expected output growth in March.

* U.S. grain futures jumped on short-covering and technical buying on Tuesday, with soybeans closing at eight-month highs after a see-saw session.

* U.S. crude futures fell in early Asian trade on Wednesday as profit taking and concern over a larger-than-expected build in U.S. crude stocks outweighed more positive news that Russia and Saudi Arabia had reached consensus on an oil output cap.

MARKET NEWS

* Brent crude oil prices hit a four-month high and energy equities rose on Tuesday after reports of an agreement between two major producers to freeze output, leading U.S. equities higher.

RELATED

> Rains ruin at least 5 pct of Argentina soy crop, tangle harvest

> Brazil aims to suspend 10 pct import tariff on corn

> USDA sees U.S. wheat stockpile at biggest since 1987

> Cargill exec says China may consider exporting corn stocks

> India's monsoon rains seen above average in 2016, to revive demand

DATA/EVENTS

> Cargo surveyor ITS releases Malaysia's April 1-15 palm oil export data on April 15.

> Cargo surveyor SGS releases Malaysia's April 1-15 palm oil export data on April 15.

Palm, soy and crude oil prices at 2358 GMT

Contract Month Last Change Low High Volume

MY PALM OIL APR6 0 +0.00 0 0 0

MY PALM OIL MAY6 0 +0.00 0 0 0

MY PALM OIL JUN6 0 +0.00 0 0 0

CHINA PALM OLEIN SEP6 5486 +48.00 5430 5496 466492

CHINA SOYOIL SEP6 6130 +66.00 6062 6160 449398

CBOT SOY OIL MAY6 33.69 -7.40 0 0 0

INDIA PALM OIL APR6 548.00 -7.40 546.70 553.8 2189

INDIA SOYOIL APR6 647.2 -4.90 647.2 650.5 2490

NYMEX CRUDE MAY6 41.70 -0.47 41.54 41.73 4691

Palm oil prices in Malaysian ringgit per tonne
CBOT soy oil in U.S. cents per pound
Dalian soy oil and RBD palm olein in Chinese yuan per tonne
India soy oil in Indian rupee per 10 kg
Crude in U.S. dollars per barrel