Palm oil futures are up on the back of gains in rival oils and ringgit weakness
The price of Malaysian palm oils futures rose on Wednesday as a result of the strength of soyoil in Dalian and Chicago. Weakness?in ringgit also added to support. By midday, the benchmark contract for?palm?oil delivery in March on the Bursa Derivatives Exchange had gained 14 ringgit or 0.35% to 4…
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Palm oil falls on stronger Ringgit, but rivals make up losses
The price of Malaysian palm oil futures fell on Tuesday, as the strength in edible oils at the Dalian commodity exchange was outweighed by the firmer ringgit. Meanwhile, market participants were awaiting data from the Palm Oil Board that will be released next week.
Palm oil falls on stronger Ringgit, but rivals make up losses
Malaysian palm futures fell on Tuesday, as the weaker ringgit overshadowed 'the strength of rival edible oils from Dalian and Chicago. Market participants were waiting for further information to be released by the Malaysian Palm Oil Board next week.
Palm oil prices rise on the back of a weaker ringgit
Malaysian palm futures edged higher on Monday, after two straight sessions of losses. A weaker ringgit made the vegetable oil more affordable for holders of foreign currencies. By midday, the benchmark palm oil contract on Bursa Derivatives Exchange for March delivery gained 8 ringgit (0.2%)…
Oil Prices Fall After Biggest Annual Loss Since 2020
Oil prices dipped on their first trading day of 2026 after registering their biggest annual loss since 2020 as investors weighed oversupply concerns against geopolitical risks, including the war in Ukraine and Venezuela exports.Brent crude futures lost 55 cents to $60.29 a barrel by 11:16 a.m.
Palm oil to end with a nearly 9% decline by 2025
Malaysian palm futures ended lower on Wednesday, as participants in the market booked profits before?the New Year holidays. The volatile year was rounded off with a 9% loss due to geopolitical uncertainty and tariff concerns. The benchmark March…
Palm snaps four-session rally due to high stock prices
Malaysian palm futures ended a four session rally on Monday. They were weighed down by increased inventories but kept in check by expectations of declining?production and firmer demand. By the close, the benchmark palm oil contract on Bursa Derivatives…
Oil Prices Fall on Looming Supply Glut
Oil prices fell by more than $1 a barrel on Friday as investors weighed a looming global supply glut, while also keeping an eye on a potential Ukraine peace deal ahead of talks this weekend between Ukrainian President Volodymyr Zelenskiy and U.S.
Palm oil gains weekly, reaches two-week peak on Dalian strength
Malaysian palm oils futures reached their highest level in two weeks on Friday, and recorded their first weekly increase?in three as Dalian oil boosted the?market. The benchmark March palm oil contract on Bursa Derivatives Exchange rose 50 ringgit or 1.24% to 4,087 Ringgit ($1,010.38) per metric ton.
Palm oil prices remain stable as ringgit and rival oil are firmer.
Malaysian palm futures were little altered on Wednesday, ahead of the Christmas holidays. A strong ringgit offset higher soyoil prices and crude oil. At the midday break, the benchmark palm oil contract on the Bursa Derivatives exchange for delivery in?March?
Palm prices rise by more than 1% as soyoil prices firm up
Malaysian palm-oil futures rose more than 1% on Tuesday, for the second session in a row, thanks to higher soyoil prices. The benchmark palm-oil contract for?March delivery at the Bursa Derivatives Exchange rose 51 ringgit or 1.28% to 4,036 Ringgit ($994.09) per metric ton.
Palm prices rise for second consecutive session due to firmer soyoil Prices
The price of palm oil in Malaysia rose for the second consecutive session on Tuesday. This was due to higher soyoil costs and a stronger demand from China. By midday, the benchmark palm oil contract on the Bursa Derivatives Exchange for delivery in?March?
Palm oil prices rise on stronger export data and bargain buying
Malaysian palm futures rose on Monday as a result of stronger export data, bargain-buying, and higher crude oil prices. By midday, the benchmark palm oil contract on Bursa Derivatives Exchange for March delivery had gained 58 Ringgit (1.49%) to $3,963 Ringgit ($972.04 per metric ton).
Palm slips by more than 1% and records second weekly drop
Malaysian palm futures fell more than 1% Friday, marking a second consecutive weekly decline. Prices were pressured by a stronger ringgit and weaker edible oils. The benchmark contract for palm oil?for?March delivery at the Bursa Derivatives Market in Malaysia fell 74 ringgit (1.86%) to 3…
Palm falls on weaker competitors, but ringgit is firm; second weekly fall set to occur
Malaysian palm futures dropped more than 1% Friday, and were on track for a second consecutive weekly drop as weaker rival edible oils weighed on the market. By midday, the benchmark March palm oil contract on Bursa Derivatives exchange fell 47 ringgit or 1.18% to 3,933 Ringgit ($963.97) per metric ton.
Palm trades at a tight range, as a strong crude oil offsets slowing exports
Malaysian palm futures were in a tight trading range on Wednesday as higher?crude prices supported the market while concerns about sluggish?exports and 'elevated inventories' continued to weigh. The benchmark palm?contract? for March delivery at Bursa Derivatives Exchange rose 3 ringgit (0.08%) to $3…
Palm range bound as strong Chicago soyoil counters slow exports
Malaysian palm futures were traded in a tight range on Wednesday as concerns about sluggish?exports and high inventories continued to?pressurize the market. However, stronger Chicago soyoil prices and crude oil supported prices. At the midday break…
Palm oil closes at its lowest level in six months amid concerns about rising stocks and weaker competitor oils
Malaysian palm oil futures fell on Tuesday for the third straight session, due to weaker competitor oils and worries about rising stocks in light of softer exports. The benchmark March palm oil contract on Bursa Derivatives Exchange fell 52 ringgit or 1.3% to $3,961 ringgit (US$969.88) per metric ton.
Palm drops due to ringgit strength and is on track for a weekly loss
Malaysian palm futures fell on Friday due to a stronger ringgit, as well as the weakness of rival Dalian edible oil. They were on course for their first loss in three weeks. By midday, the benchmark palm oil contract on Bursa Derivatives Exchange for February delivery fell 15 ringgit or 0.37% to 4…