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Malaysian palm oil/Vegoils: Market factors to watch Monday Oct 9

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday Oct 9.

Malaysian palm oil futures traded higher on Friday ahead of the release of official data for September, charting a fourth straight day of gains and finishing the week stronger after two consecutive weeks of decline

Palm gains for 4th day on slower-than-forecast output growth

KUALA LUMPUR: Malaysian palm oil futures traded higher on Friday ahead of the release of official data for September, charting a fourth straight day of gains and finishing the week stronger after two consecutive weeks of decline.

The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange was up 0.4 percent at 2,730 ringgit ($644.48) a tonne at the close of trade.  The contract has gained 1.3 percent this week, hitting a one-week high on Thursday.

Bullish on Southern Acids

LOW profile Southern Acids (M) Bhd is back on analysts’ radar. Analysts are giving the thumbs up to the integrated palm oil and healthcare-based stock given its healthy balance sheet with a net cash of RM164.2mil as at the end of March, which supports the company’s future expansion as well as dividend payments.

Malaysian palm oil price pares gains on concerns of rising output, weaker exports

KUALA LUMPUR: Malaysian palm oil futures climbed to a one-week high in early trade on Thursday before paring gains later on concerns of rising output and weakening exports.

The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange was up 0.2 percent at 2,720 ringgit ($643.48) a tonne at the close.

Nineteen palm oil clusters get MSPO certification

KINABATANGAN: Nineteen sustainable palm oil clusters (SPOC), involving 1,040 individual smallholders and 4,127ha, have obtained the Malaysian Sustainable Palm Oil (MSPO) certification as of Sept 15, 2017.

Of the 5.74 million ha of land under oil palm cultivation in Malaysia, almost 40% is managed by smallholders.

Malaysian pal oil/Vegoils: Market factors to watch Thursday Oct 5

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday Oct 5

Malaysian palm oil futures hit one-week highs on Wednesday, supported by technical buying and expectations of a slight rise in end-September inventory levels.

Malaysian palm oil price hits 1-week high on technical buying

KUALA LUMPUR: Malaysian palm oil futures hit one-week highs on Wednesday, supported by technical buying and expectations of a slight rise in end-September inventory levels.

KUALA LUMPUR: Malaysian palm oil futures hit one-week highs on Wednesday, supported by technical buying and expectations of a slight rise in end-September inventory levels.  The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange was up 1.2 percent at 2,715 ringgit ($642.45) a tonne at the close of trade, charting a second  straight gain after four consecutive losing sessions

Delegation to strengthen ties with Vietnam

PETALING JAYA: With the market for commodities in Vietnam expected to see significant growth in the next few years, a Malaysian delegation led by Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong visited the country to strengthen bilateral cooperation in the sector.

Mah (centre) with Vietnamese Minister for Agricultures Nguyen Xuan Cuong (right) and Malaysian ambassador to Vietnam Zamruni Khalid (left). - Bernama

Malaysian palm oil/Vegoils: Market factors to watch Wednesday Oct 4

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday Oct 4.

Malaysian palm oil futures saw their first daily gain in a week on Tuesday evening, supported by a weaker ringgit.

Buoyed by weaker ringgit Malaysian palm price sees first gain in a week,

KUALA LUMPUR: Malaysian palm oil futures saw their first daily gain in a week on Tuesday evening, supported by a weaker ringgit.

The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange was up 0.6 percent at 2,683 ringgit ($633.16) a tonne at the close of trade, its first gain after four losing sessions. It earlier fell to its lowest in 1-1/2 months at 2,653 ringgit.  Traded volumes stood at 34,121 lots of 25 tonnes each at the end of the trading day.

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