Palm oil prices rise but a stronger ringgit and weak demand cap gains
Malaysian palm futures edged higher on Friday, after three sessions of decline. The gains were limited by the stronger ringgit, and weak demand in key markets. By midday, the benchmark palm oil contract…
Palm closes at lowest level in 7 months due to higher production and stock levels
Malaysian palm futures continued to fall for the third session in a row on Wednesday, as market sentiment was still weighed down by concerns about higher production levels and increased inventories.
Palm oil prices fall on a stronger ringgit and weaker competitors
The price of palm oil in Malaysia fell for the second session in a row on Tuesday as the stronger ringgit weighed down on sentiment, along with weaker vegetable oils. At the close, the benchmark palm…
Palm extends its losses as a firmer Ringgit weighs
The price of palm oil futures in Malaysia fell for the second session running on Tuesday, due to a stronger Ringgit. At midday, the benchmark palm oil contract on Bursa Derivatives exchange for July delivery fell 22 ringgit (0.55%) to 3…
Palm oil gains on stronger edible oils and logs weekly gain
Malaysian palm futures rose Friday, ending a three-week loss streak as higher rival edible oils lifted sentiment. The benchmark contract for palm oil delivery in July on the Bursa Derivatives Exchange rose 22 ringgit or 0.55% to 4…
Palm oil prices rise on stronger edible oils and are set to gain weekly
Malaysian palm futures rose on Friday as the market regained confidence after a three-week loss streak. At midday, the benchmark palm oil contract on Bursa Derivatives Exchange for July delivery gained 80 ringgit or 1.98% to 4…
Palm futures are flat due to rising production and a strong Ringgit, which offset the boost from rival oils
Malaysian palm oils futures were little changed Thursday, as participants awaited clues from vegetable oil competitors. However, a strong Ringgit and increasing production limited gains. At closing…
Palm futures stable as strong ringgit and rising production offset boost from rival oil
Malaysian palm oils futures were in a tight range Thursday, as participants waited for cues from the market amid support by rival vegetable oil. However, despite a strong Ringgit and increasing production, gains were limited.
Enverus: Weak oil prices and limited shale acres will impact energy M&A by 2025
Enverus, an analytics firm, said that the U.S. Upstream Oil and Gas M&A Market is bracing itself for the most challenging conditions in the past decade, as oil prices plummet and prime acreage disappears…
Palm prices rise on bargain-buying; stronger Ringgit and economic uncertainty limit gains
Malaysian palm futures gained on Tuesday, after six sessions of consecutive losses. Supported by bargain-buying, the gains were limited, however, by a stronger Ringgit and economic uncertainty. The…
VEGOILS - Buy more bargains, but the ringgit is stronger; economic uncertainty limits gains
The price of palm oil in Malaysia rose on Tuesday. This was due to bargain-buying, but the stronger ringgit, as well as economic uncertainty, limited gains. At midday, the benchmark palm oil contract…
Palm oil falls on firmer Ringgit, weaker soyoil and crude oil
Malaysian palm futures continued to fall on Monday, for the sixth consecutive session. The market was weighed down by a weaker ringgit, a decline in crude oil, and the weakness of soyoil. Concerns about U.S.
Palm oil falls due to weaker soyoil and a firmer Ringgit
Malaysian palm futures declined on Monday for a sixth consecutive session as a result of a weaker ringgit, a decline in crude oil, and the weakness of soyoil. Concerns about U.S. trade tariffs also contributed to the drop.
Palm trades lower than Chicago soyoil amid concerns about economic headwind
Malaysian palm futures continued to fall on Monday as they tracked the weakness of rival soyoil on the Chicago market. Meanwhile, escalating U.S. China trade tensions despite a suspension of tariffs…
Palm trades lower and is set to suffer a second weekly loss
The Malaysian palm futures contract reversed its morning gains as it sought new directions. It is now heading towards a second weekly loss. By midday, the benchmark June palm-oil contract traded on…
US EIA warns that tariffs and trade uncertainties will lower oil demand
The U.S. Energy Information Administration's (EIA's) monthly short-term Energy Outlook report on Thursday said that recent developments in global trade policies are expected to reduce global oil and fuel consumption growth through 2026.
Palmetto prices end higher in Dalian and rising inventories
Malaysian palm oils futures rose on Thursday, wiping out the losses of the previous session. They were supported by strong rival oils in Dalian, and data from Malaysian Palm Oil Board, which showed an increase in March inventories.
Malaysian palm oil surpasses rival edible oils
Malaysian palm futures rose on Thursday, erasing the losses of last session, and tracking stronger competing edible oils. Data from the Malaysian Palm Oil Board showed an increase in inventories for March.
Palm oil trades lower than rival oils amid fears of tariff wars
Malaysian palm futures continued to lose on Wednesday. They erased last session's gains. This was due to the competition from edible oils traded in Dalian and Chicago, and the growing economic anxiety over tariff wars.
Palm oil ends lower than rival oils as tariff wars cause anxiety
Malaysian palm futures ended lower on Wednesday. They erased last session's gains. This was due to the decline of rival edible oils traded in Dalian and Chicago, and the growing economic anxiety over tariff wars.
