Malaysian palm oil/Vegoils: Market factors to watch Tuesday Feb 14


Malaysian palm oil futures fell on Tuesday, its seventh straight losing session, as bearish palm fundamentals and declining rival oils weighed on the market. (Worker load and arrange palm oil fruits on top of a lorry inside a palm oil factory area in Sungai Besar, Selangor on Monday June 13, 2016.- FAIHAN GHANI/The Star)

* Malaysian palm oil futures on Monday hit a two-week low, recording a second straight session of declines, as prices were weighed down by prospects of improving levels in production.

* U.S. wheat futures rallied for the fifth day in a row on Monday, hitting a 7-1/2-month high as investment funds continue to add the grain to their portfolio despite ample global supplies.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Asian FX gain as dollar droops, stocks track Wall Street higher
I-Bhd announces RM100mil investment pledge from major shareholder
Heineken sells more beer in Q1, sticks to outlook
GFM Services to transfer to Main Market on April 26
MYEG, Zetrix and MaiCapital to explore launch of virtual asset funds
Asian shares jump on tech boost; fragile yen on intervention watch
The business of immersion
MPOB intensifying oil palm industry R&D strategies, says chairman
Hong Kong bourse operator's Q1 profit down 13% on weaker listings, trading
FBM KLCI hits fresh two-year high as rally continues

Others Also Read