PALM NEWS MALAYSIAN PALM OIL BOARD Tuesday, 07 Apr 2026

Jumlah Bacaan: 203
MARKET DEVELOPMENT
VEGOILS-Market Factors to Watch June 28
calendar28-06-2016 | linkReuters | Share This Post:

28/06/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

FUNDAMENTALS

* Malaysian palm oil futures took a slight dip in evening trade on Monday after seeing gains in the morning, as traders sold on poorer performing exports and a volatile ringgit.

* U.S. soybean futures rose on Monday, retracing a portion of last week's heavy declines, as attention turned to weather risks and strong export demand ahead of closely watched U.S. government crop reports, analysts said.

* Crude prices tumbled nearly 3 percent on Monday, with Brent hitting seven-week lows, as a rallying dollar and market uncertainty over Britain's shocking vote to exit the European Unio threatened to sap more strength from oil's rebound this year.

MARKET NEWS

* Global markets sold off for a second straight day on Monday, dragging the British pound to a 31-year low, while gold and safe-haven government debt rallied on Britain's shock vote last week to leave the European Union.

RELATED

> Brazil 2017/18 CS cane crop seen at 640 mln tns -Agroconsult

> U.S. farmers acreage changes unlikely to meet rising demand

> Belarus to sell India potash at lowest price in a decade

> Kraft, Mondelez must face wheat price-rigging lawsuit - U.S. judge

> Brexit raises risk of further sell-off in arabica coffee futures

Palm, soy and crude oil prices at 0042 GMT

Contract Month Last Change Low High Volume

MY PALM OIL JUL6 0 +0.00 0 0 0

MY PALM OIL AUG6 0 +0.00 0 0 0

MY PALM OIL SEP6 0 +0.00 0 0 0

CHINA PALM OLEIN SEP6 5132 +44.00 5096 5180 298002

CHINA SOYOIL SEP6 6056 +72.00 6012 6102 199852

CBOT SOY OIL DEC6 31.91 +1.90 31.87 31.99 457

INDIA PALM OIL JUN6 509.00 +1.90 506.70 510.8 475

INDIA SOYOIL JUL6 647.4 +3.90 643.3 647.6 36050

NYMEX CRUDE AUG6 46.66 +0.33 46.54 46.80 4645

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