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Crude palm oil rises to high of RM3,330
KUALA LUMPUR: Crude palm oil futures for third month delivery climbed to a high of RM3,330 as investors assessed lower import levies in top buyer India and dwindling Malaysian exports of the tropical oil.
Palm slips over 1% on weaker Dalian prices, Europe lockdown fears
KUALA LUMPUR: Malaysian palm oil futures fell more than 1% on Tuesday, tracking a sharp drop in Dalian oil prices, while fears of new restrictions in Europe to contain a spike in COVID-19 cases also hit sentiment.
Palm oil industry upbeat as economies reopen
KUALA LUMPUR: After a sharp slowdown in the first quarter due to the Covid-19 lockdown imposed by countries across the globe, the palm oil industry has turned more optimistic.
Malaysia’s March palm oil stocks up 1.7%
KUALA LUMPUR: Malaysia’s March palm oil inventories rose 1.67% from February as an unexpected jump in production exceeded an increase in exports, official data showed on Friday, but demand is set to slow in the face of global coronavirus-led lockdowns.
Malaysia March palm oil stocks up 1.7% to 1.73m tonnes, says MPOB
KUALA LUMPUR: Malaysia's palm oil stocks rose 1.67% in March from the previous month to 1.73 million tonnes, industry regulator the Malaysian Palm Oil Board (MPOB) said on Friday.
Malaysian palm oil futures climb on weaker ringgit
KUALA LUMPUR: Malaysian palm oil futures rose, tracking higher edible oil prices and a weaker ringgit, but demand concerns capped gains as top buyer India has imposed a national lockdown due to the coronavirus pandemic.
Malaysian palm oil price climbs on stronger rival oils, weaker ringgit
KUALA LUMPUR: Malaysian palm oil futures rose on Monday, tracking higher edible oil prices and a weaker ringgit, but demand concerns capped gains as top buyer India has imposed a national lockdown due to the coronavirus pandemic.
Palm oil slumps to five-month low on demand worry, petroleum
NEW DELHI (Bloomberg): Palm oil dropped to a five-month low on concern about poor purchases by top buyer India, Malaysia’s move to allow the industry to operate during a nationwide lockdown and an overnight slump in petroleum.
Palm falls to one-week low as related oils drag
KUALA LUMPUR: Malaysian palm oil futures fell more than 1% on Thursday, pressured by losses in related edible oils and concerns that top buyer India may increase import taxes
Malaysian palm oil price drops for 7th session on demand woes, rising supplies
SINGAPORE: Malaysian palm oil futures fell for a seventh consecutive session on Thursday to a three-month low, as concerns over slowing demand and rising production dragged down the market.
