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KUALA LUMPUR: Malaysian palm oil futures shed early gains on Tuesday as traders feared that the surge in demand and exports would eventually lose steam if there is a second wave of Covid-19.
KUALA LUMPUR (Reuters) - Palm oil futures slid on Monday as the tropical commodity's global consumption is expected to drop, while production in June is estimated to have risen so far.
SINGAPORE: Malaysian palm oil futures hit their highest level in more than two months on Friday, riding on gains in crude oil prices as well as lower stocks in top importers India and China.
SINGAPORE: Malaysian palm oil futures rose for a third straight session on Thursday as rival oils gained, although fears of another wave of coronavirus infections and higher production capped gains.
KUALA LUMPUR: Malaysian palm oil futures closed higher on Wednesday, tracking rival oils as stockpiling following concerns over the rising number of new coronavirus infections pushed prices higher on the Dalian Commodity Exchange.
KUALA LUMPUR: Malaysian palm oil futures fell 0.42% on Wednesday, as concerns over rising new Covid-19 coronavirus infections weighed on investors' mood.
MUMBAI: India's vegetable oil imports are likely to surge from June onwards as New Delhi eases coronavirus curbs, the head of a trading body said on Monday.
MUMBAI: India's biggest edible oil conference has been postponed as cases of the novel coronavirus rise in the world's biggest importer of vegetable oils, the organisers said on Tuesday.
SINGAPORE/BEIJING: China has asked trading firms and food processors to boost inventories of grains and oilseeds as a possible second wave of coronavirus cases and worsening infection rates elsewhere raise concerns about global supply lines.