MEDIA & RESOURCE CENTER

Malaysian palm oil price up on overnight soyoil strength, stronger exports

21-Sep-2017
KUALA LUMPUR: Malaysian palm oil futures rose for the first time in five sessions on Wednesday, supported by rising export demand and strength in soyoil on the Chicago Board of Trade.

Malaysian palm oil/Vegoils: Market factors to watch Thursday Sept 21

21-Sep-2017
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday Sept 21.

Palm oil hits one-week low on technical drop, demand slowdown

20-Sep-2017
Malaysian palm oil futures fell to their lowest in a week on Tuesday evening, a fourth straight session of falls, due to a technical correction and traders' expectations that export demand will cool towards the end of the month. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange fell 1.4% to RM2,767 (US$660.38) a tonne at the closing trade, its sharpest daily drop in a month and a half.

Malaysian palm oil price hits one-week low on technical drop

20-Sep-2017
Malaysian palm oil futures fell to their lowest in a week on Tuesday evening, a fourth straight session of falls, due to a technical correction and traders' expectations that export demand will cool towards the end of the month. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange fell 1.4 percent to 2,767 ringgit ($660.38) a tonne at the closing trade, its sharpest daily drop in a month and a half.

Palm hits 1-wk low but seen supported on stronger export outlook

20-Sep-2017
Malaysian palm oil futures hit a one-week low on Tuesday and were headed for a fourth straight session of fall, but traders said strong export outlook is expected to support the market. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange was down 0.2% at 2,799 ringgit (US$668.02) a tonne at the midday break. It earlier fell to 2,794 ringgit, its lowest since Sept 12.
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