Malaysian palm oil/Vegoils: Market factors to watch Wednesday Nov 14


Malaysian palm oil futures fell over 1 percent on Thursday after three consecutive sessions of gains, on expectations of rising inventory levels and technical selling.

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

FUNDAMENTALS

* Malaysian palm oil futures fell over 1 percent on Tuesday evening to trade around three-year lows, tracking weakness in crude oil and on existing concerns over high palm stocks.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
palm oil , veg oils , markets , bursa , futures , derivatives , stocks , oil ,

Next In Business News

Softbank, Grab and Petros sign framework agreement to develop AI platform in Sarawak�
Batu Kawan secures 96.73% stake in MKH as takeover offer closes
DNeX reaches settlement with CGP Fund-linked firms over SilTerra disputes
Al-‘Aqar Healthcare REIT lodges RM3bil sukuk programmes with SC
GDB proposes RM81.6mil acquisitions, fundraising exercise
Haily Group to acquire Johor Bahru land for RM6.45mil
Cyberjaya Education Group to acquire land in Dengkil for RM15mil
Ringgit ends higher against Asean currencies, lower versus US dollar
Exsim Hospitality secures RM15.62mil subcontract from Nestcon Builders
Malaysia must strengthen regional cooperation to ensure stable energy supply

Others Also Read