Palm Voices: Plant A Thought

Latest Stories

  • Filter by
 Malaysian palm oil futures fell for a third straight day on Wednesday, tracking losses in soyoil overnight on the Chicago Board of Trade

Malaysian palm oil/Vegoils: Market factors to watch Thursday Aug 17

17 August 2017

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday Aug 17.

The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange ended down 0.3 percent at 2,637 ringgit ($613.68) but recovered some earlier losses after being down over 1 percent at the midday break. It touched a low of 2,608 ringgit, the weakest since Aug. 8.  Traded volumes totalled 55,323 lots of 25 tonnes each for the day

Malaysian palm oil price falls for third straight day, tracking weak soyoil

17 August 2017

KUALA LUMPUR: Malaysian palm oil futures fell for a third straight day on Wednesday, tracking losses in soyoil overnight on the Chicago Board of Trade (CBOT)..

Sectorial conference: (from left) Malaysian Palm Oil Council chairman and IOI Corp Bhd CEO Datuk Lee Yeow Chor, Malaysian Palm Oil Board chairman Datuk Seri Ahmad Hamzah, Mah, Malaysian Palm Oil Certification Council chairman Datuk M. Nagarajan, Kuala Lumpur Kepong Bhd CEO Tan Sri Lee Oi Hian and other captains of industry at the dialogue session.

Top planters to export certified sustainable palm oil by end-2019

17 August 2017

PETALING JAYA: Captains of the local palm oil industry have pledged to export 100% certified sustainable palm oil (CSPO) by the end of 2019.

Analysts had previously expected planters such as KLK with exposure in Peninsular Malaysia to reap higher-than-average production growth due to rising crude palm oil production (CPO) and prices, but this was not the case for KLK.

KLK third quarter results get muted response from market

17 August 2017

PETALING JAYA: Hurt by impairment and stock write-down, Kuala Lumpur Kepong Bhd’s (KLK) third quarter financial performance received a muted response from the market.

Malaysian palm oil futures slid on Tuesday evening to their steepest fall in a week, tracking a decline in exports and weaker performance among other related edible oils.

Malaysian palm oil/Vegoils: Market factors to watch Wednesday Aug 16

16 August 2017

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday Aug 16.

The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange was down 1.2 percent at 2,633 ringgit ($613.18) at the close of trade, its second consecutive  session of declines and its sharpest daily decline since August 7.  Traded volumes stood at 54,387 lots of 25 tonnes each in the evening.

Malaysian palm oil prices suffer sharpest fall in a week as exports drop

16 August 2017

KUALA LUMPUR: Malaysian palm oil futures slid on Tuesday evening to their steepest fall in a week, tracking a decline in exports and weaker performance among other related edible oils.

Malaysian palm oil futures fell on Monday for the first time in five sessions as sentiment took a hit from India's plans to raise import taxes on crude and refined edible oils.

Malaysian palm oil/Vegoils: Market factors to watch Tuesday Aug 15

15 August 2017

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday Aug 15.

 The benchmark palm oil contract for October delivery  on the Bursa Malaysia Derivatives Exchange ended down 0.6 percent at 2,665 ringgit ($620.92) on Monday, after earlier rising to 2,696 ringgit, its highest level since July 31.      Traded volumes totalled 37,773 lots of 25 tonnes each.

Palm oil falls as India import tax hike hits sentiment

15 August 2017

KUALA LUMPUR: Malaysian palm oil futures fell on Monday for the first time in five sessions as sentiment took a hit from India's plans to raise import taxes on crude and refined edible oils.

 Malaysian palm oil futures rose on Friday evening to chart a fourth consecutive day of gains, reaching its highest levels in nearly two weeks as it tracked gains in soyoil on the Chicago Board of Trade.

Malaysian palm oil/Vegoils: Market factors to watch Monday Aug 14

14 August 2017

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday August 14.

Kenanga Research, in its latest report, said planters with high plantations exposure in Peninsular Malaysia such as Sime Darby Bhd, IOI Corp Bhd, Kuala Lumpur Kepong Bhd (KLK), Felda Global Ventures Holdings Bhd (FGV) and United Malacca Bhd could see higher-than-average production growth trends

Planters in for better earnings on higher palm oil price

14 August 2017

PETALING JAYA: Most planters’ second quarter results (Q2 2017) to be released this week are expected to record further improvement, bouyed by higher crude palm oil (CPO) production and prices.

The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange was up 0.7 percent at 2,682 ringgit ($624.67) at the close. It earlier rose to 2,685 ringgit, its strongest levels since Aug. 1. The market was also up 2.8 percent for the week.  Traded volumes stood at 71,006 lots of 25 tonnes each Friday evening

Malaysian palm oil price hits near 2-week top on stronger soy

12 August 2017

KUALA LUMPUR: Malaysian palm oil futures rose on Friday evening to chart a fourth consecutive day of gains, reaching its highest levels in nearly two weeks as it tracked gains in soyoil on the Chicago Board of Trade.

Malaysian palm oil futures rose to their highest level in over a week on Thursday evening on expectations of soyoil gains, despite the earlier release of bearish industry data.

Malaysian palm oil/Vegoils: Market factors to watch Friday Aug 11

11 August 2017

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday Aug 11.

The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange was up 1.3 percent to 2,663 ringgit ($620.75) on Thursday evening. It earlier climbed to an intraday high of 2,672 ringgit, its highest level since August 1.  Traded volumes stood at 66,765 lots of 25 tonnes each at the close of trade.

Malaysian palm oil prices at highest level for more than a week despite data

11 August 2017

KUALA LUMPUR: Malaysian palm oil futures rose to their highest level in over a week on Thursday evening on expectations of soyoil gains, despite the earlier release of bearish industry data.

Boost to MHC Plantations’ bottom line

11 August 2017

PETALING JAYA: MHC Plantations Bhd’s bottom line for the second quarter ended June 30 more than doubled to RM4.47mil, as the group’s overall revenue increased significantly.

HIgher stockpile: A worker loads palm fruits onto the back of a truck at a plantation in Perak. Stockpile of the tropical oil climbed 16.8 to 1.78 million tonnes from June. — Bloomberg

Malaysia palm oil stocks hit highest in over a year

11 August 2017

KUALA LUMPUR: Palm oil inventories in Malaysia, the world’s No. 2 producer of the commodity, jumped to their highest in over a year in July as stronger-than-forecast production outpaced export gains

  • Page 1 of 19

Go to page:

advertisement

Powered by

advertisement

advertisement