India’s Sunflower Oil Imports Hit Four-Year Low in September
War-related supply disruptions from Russia and Ukraine curbed sunflower oil supplies, prompting Indian refiners to increase palm oil purchases to a seven-month high, an industry body said.
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Malaysian palm oil futures close lower on rising stockpile concerns
Malaysian palm oil futures closed lower on Tuesday as concerns over rising September stockpiles and weaker crude oil prices weighed on the market. The benchmark contract for December delivery shed 0.39% to 4,560 ringgit a metric ton.
Malaysian palm oil futures flat on high stockpile concerns
Malaysian palm oil futures were little changed on Tuesday, with gains from stronger crude oil prices tempered by concerns of higher September stockpiles. Benchmark contract for December delivery gained 2 ringgit, or 0.04%, to 4,580 ringgit a metric ton. Expectations of high September inventories continued to cap gains.
Malaysian palm oil futures extend gains for second session on firm crude, weak ringgit
Malaysian palm oil futures extended gains for a second straight session on Tuesday, buoyed by firmer crude oil prices and a weaker ringgit. The benchmark contract for December delivery gained 12 ringgit, or 0.26%, to 4,590 ringgit a metric ton.
India sunflower oil imports hit four-year low; palm oil rises
Sunflower oil imports fell in September to their lowest in more than four years amid Black Sea shipment disruption, and refiners increased palm oil purchases.