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KUALA LUMPUR: Malaysian palm oil futures rose for a second session and hit a one-week high on Tuesday, buoyed by expectations of lower output and as traders covered their short positions ahead of the Lunar New Year holidays, but gains were restricted as crude oil prices resumed their descent.
KUALA LUMPUR: Malaysian palm oil futures fell on Monday, retracing from a two-month high reached in the previous session, as slow demand for palm and weak crude oil prices capped gains.
JAKARTA: Malaysian palm oil futures rebounded on Thursday from a near one-month low hit in the previous session on falling output, with many palm investors looking for fresh direction from an industry gathering this week on the resort island of Bali.
KUALA LUMPUR: Malaysian palm oil futures fell on weak export demand on Thursday, with a stronger ringgit also adding downward pressure on prices.
SHANGHAI: Malaysia aims to capture a bigger share of China’s palm oil imports, according to Plantation Industries and Commodities minister Datuk Amar Douglas Uggah Embas.
KUALA LUMPUR: Malaysian palm oil futures ended lower on Monday after crude markets dived to five-year lows, forcing the tropical oil to give up earlier gains which had stemmed from the ringgit plunging to its weakest since Sept. 2009.
KUALA LUMPUR: Malaysian palm oil futures fell in choppy trade on Monday, dragged lower as oil prices slid to fresh 5-1/2-year lows, although losses in the ringgit and concerns over floods curbing palm supply propped up the market