Friday, May 2, 2025

Prices Fall News

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 oil contract on Bursa Malaysia's Derivatives exchange for July delivery fell 25 ringgit (0.63%) to 3,940 Ringgit ($910.98) per metric ton. A Kuala Lumpur based trader reported that palm has continued to fall as a stronger ringgit encouraged heavy selling activity in the market.

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 3,943 Ringgit ($911.47) per metric ton. A Kuala Lumpur based trader reported that palm has continued to fall as a stronger ringgit encouraged heavy selling activity in the market. Dalian's palm oil contract, which is the most active contract, fell by 1.55%.

As crude prices fall, investors fear that Big Oil may reduce share buybacks.

Investors will pay attention to the fact that falling oil prices are increasing the risk of dividends and share purchases for the remainder of 2025. Big Oil's efforts to win over Wall Street have been based on reinvesting cash in the form of dividends and stock repurchases. U.S. president Donald Trump's announcements of global tariffs have caused fears of a weaker oil market and a possible recession, leading forecasters to reduce their oil price expectations.

Chinese LNG buyers resell US shipments as tariffs bite

As tit-fortat tariffs increase import costs, Chinese buyers are reselling U.S.-sourced LNG cargoes. This trend will accelerate this month as new multiyear supply agreements kick in and domestic demand is expected to weaken, traders and analysts report. Beijing, which had imposed 15% tariffs for U.S. imports of LNG in early February, imposed reciprocal tariffs beginning on April 10 on all U.S. products, matching the move by U.S. president Donald Trump to impose 34% more tariffs on Chinese items.

Palm extends its losses as soyoil and crude oil prices fall

Malaysian palm futures dropped to a 10-week-low on Monday. Pressured by lower soyoil prices and crude oil, fears of a trade war arose from China's retaliatory duties on U.S. products. The benchmark contract for palm oil delivery in June on Bursa Derivatives exchange fell 146 ringgit or 3.37% to close at $4,182 Ringgit ($934.32) per metric ton. Earlier in the session, the contract reached a low of 4163 ringgit. This was its lowest level since 24 January. The contract has fallen 6.84% in three sessions.

US tech and retail stocks lead the rout following Trump's tariff blow

Apple, Walmart and Nike are among the U.S. megacap tech companies that led to a global meltdown after President Donald Trump announced new tariffs. The fears about a cost spike across many industries were heightened by these new tariffs. The tariffs threaten to disrupt the global trade order and upset businesses. This is a stark contrast to just a few short months ago, when the hopes for business-friendly policies from the Trump administration drove U.S. stock prices to record highs.

Palm oil prices fall as Trump tariffs cause profit booking

Malaysian palm futures fell on Thursday, ending a four session rally. Profit-taking was a factor in the decline, following President Donald Trump’s tariffs against trade partners. At the close, the benchmark palm oil contract on the Bursa Derivatives Exchange for June delivery fell 27 ringgit (0.6%), to 4,490 Ringgit ($1,011.26) per metric ton. Paramalingam Supramaniam of Selangor's brokerage Pelindung Bestari said that the crude palm oil futures fell as Trump's new tariffs caused profit-taking.

Palm prices fall as Trump tariffs lead to profit booking

Malaysian palm futures fell on Thursday after a four session rally. Profit-taking was blamed for the decline, following President Donald Trump’s tariffs against trade partners. At midday, the benchmark palm oil contract on Bursa Derivatives Exchange for June delivery fell 56 ringgit or 1.24% to 4,461 Ringgit ($1,000.22). Paramalingam Supramaniam of Selangor's brokerage Pelindung Bestari said that the crude palm oil futures fell as Trump's new tariffs caused profit-taking.

EUROPE GAS - Prices fall on mild temperatures and energy attack pause

The Dutch and British gas price fell on Wednesday morning, as the mild temperatures reduced gas demand. Meanwhile, the U.S. made deals with Russia and Ukraine to stop attacks against energy targets and at sea. LSEG data shows that the Dutch front-month contract fell by 0.15 euros to 40.97 euros per Megawatt Hour (MWh), or $12.96/mmBtu at 0917 GMT. The Dutch May contract is down 0.75 euros at 40.95 Euro/MWh. On ICE, the British day-ahead contract fell by 0.80 pence to 99p/therm.

Russian central bank expects low oil prices to continue for a while

The Russian central bank warned Kremlin policymakers that the United States and OPEC could flood the oil markets and cause a similar price collapse to what occurred in the 1980s, which led to the fall of the Soviet Union. The warning was issued weeks before Russian President Vladimir Putin and U.S. president Donald Trump began negotiations to end the conflict in Ukraine. Trump warned that he would impose additional sanctions against Russia if a peace agreement was not reached. He has also promised to increase U.S.

UK stock prices fall on uncertainty over tariffs; Heathrow power failure disrupts airlines

British stocks ended lower on Friday due to continued concerns about the impact of U.S. Tariff policy. Meanwhile, a Heathrow Airport shutdown impacted travel stocks. The blue-chip FTSE 100 index fell 0.6%. The FTSE 250 mid-cap index fell 0.9%. The blue-chip index gained 0.3% despite the losses of the day. The mid-cap index ended four weeks of losses by rising 0.5%. Heathrow Airport in Britain said that it has begun the process to reopen after an electrical fire shut down the airport's power supply for the day.

Palm oil prices fall on weaker export data and a muted competition.

Malaysian palm futures fell on Monday, following a drop in the prices of rival oils. The weakening exports of palm oil from Malaysia in February also affected sentiment. The benchmark May palm oil contract on Bursa Malaysia's Derivatives Exchange fell 71 ringgit or 1.56% to close at $4,483 ringgit per metric tonne. The market also reacted to the lower performance of Malaysian palm oil in February. Dalian's palm oil contract, which is the most active contract in Dalian, lost 0.46% while soyoil rose by 0.25%.

Palm oil prices fall on weak Dalian, Chicago and Indian demand

Malaysian palm oils futures dropped more than 2 percent on Monday. This was their largest daily decline in more than one month. The market was also affected by the weakness of rival Dalian and Chicago oil, as well as a weak demand from India, its top buyer. The benchmark May palm oil contract on Bursa Malaysia's Derivatives exchange lost 104 Ringgit or 2.23% to close at 4,560 Ringgit ($1,034.48) per metric ton. A Kuala Lumpur based trader said that sharp losses in rival oils had dampened the market's sentiment.

Prices fall in Europe amid profit-taking and temperature revision

The wholesale gas prices in the Netherlands and Britain fell Wednesday morning, as profit-taking took place after Tuesday's new two-year peak. According to LSEG, the benchmark front-month contract for the Dutch TTF Hub was 1,35 euros lower at 55.10 Euro per megawatt hour by 1307 GMT. The Dutch April contract is down by 2.48 Euros at 55.12 euro/MWh. The front-month contract in Britain fell 4.54 pence, to 134.41 cents per therm.

German spot prices fall on increased wind power

European spot prices fell on Monday due to a higher average wind output, which is expected to exceed the increase in demand. LSEG data shows that the German day-ahead electricity price was 120.75 Euros ($124.77 per megawatt hour (MWh), down 9.7% on Friday's prices for Monday. LSEG data shows that the French baseload electricity for Tuesday was priced at 144.50 Euros/MWh. On Friday, the contract for Monday's delivery was not traded.

Prices fall quickly on the expected increase in German wind energy supply

The European spot electricity prices dropped on Thursday, as LSEG data predicted that German wind energy generation would triple in the next day. LSEG's analysis said that lower thermal availability was also bullish, but that the demand in the region is expected to decline day by day. French baseload for tomorrow's day fell 10.8%, to 130 euros ($134.75 per megawatt-hour (MWh) at 0905 GMT. The German equivalent fell by nearly 23% to 117.8 Euros.

EUROPE GAS Prices fall on profit-taking and mixed temperatures outlook

Dutch and British wholesale prices of gas fell on Tuesday morning due to profit-taking. Prices had reached a new 15-month-high on Monday, amid mixed weather forecasts for this week. According to LSEG, the benchmark front-month contract for the Dutch TTF Hub was lower by 0.65 euros at 53.10 Euro per Megawatt-hour (MWh) or $16.10/mmBtu at 0925 GMT. On Monday, the contract reached its highest intra-day level of 54.61 euro/MWh. This is its highest level since November 2023.

Palm oil prices fall on Indonesian export levies and US tariff threats

Malaysian palm futures declined on Friday, as trading resumed following a two-day Lunar New Year break. The market was weighed down by uncertainty about Indonesia's export rate and U.S. Tariff threats. By midday, the benchmark April palm oil contract on Bursa Derivatives Exchange fell 19 ringgit or 0.44% to 4,260 Ringgit ($963.36) per metric ton. The contract is up 1% this week, after last week's 0.62% increase. Paramalingam…

Oil prices fall as Trump reiterates his call for OPEC price cuts

Oil prices fell on Monday, after U.S. president Trump asked OPEC for a reduction in prices in response to his announcement that he would take a wide range of measures to increase U.S. oil production and gas output during his first week as president. Brent crude futures fell 53 cents or 0.68% to $77.97 per barrel at 0430 GMT, after closing up 21 cents Friday. U.S. West Texas Intermediate Crude was $74.16 per barrel, down by 50 cents or 0.67%.

Fortescue Energy CEO: Green hydrogen costs are key to reducing demand

Fortescue Energy CEO Mark Hutchinson said in Davos that buyers will not pay "green premiums" if the price is competitive. By splitting water into oxygen and hydrogen, using renewable electricity, green hydrogen can be created. The hydrogen can be used to generate electricity or as an ingredient in agricultural fertilisers. Hutchinson, speaking at the Global Markets Forum, said that electrolyzers which split hydrogen were…

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