Palm Oil Falls as Rival Oils and Crude Weigh
Palm oil fell during Asian trading, pressured by weaker soybean and vegetable oil prices and softer crude oil, trader David Ng says. Stronger October export demand provided support.
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VEGOILS — Malaysian palm oil falls on weaker rival oils, export data eyed
(Update with midday break prices, adds trader's comment) JAKARTA, Oct 15 (Reuters) — Malaysian palm oil futures eased on Thursday, snapping a three-session rally as weaker rival vegetable oils on the Dalian and Chicago markets weighed on prices, while traders awaited export data for fresh demand cues. The benchmark Dec
Malaysian palm oil falls for third session, pressured by weaker Dalian rivals
December palm oil futures on Bursa Malaysia fell 35 ringgit (0.75%) to 4,629 ringgit/ton by midday, lowest in eight weeks, as Dalian soy and palm oil eased and expectations of higher September inventories weighed.
Palm oil falls for a second session on weaker rivals
Benchmark December contract on Bursa Malaysia fell 13 ringgit to 4,659 ringgit a metric ton.
Palm oil futures rangebound as Dalian soyoil gains, crude falls
Malaysian palm oil futures traded in a tight range on Monday, with gains in Dalian soyoil countered by declines in palm olein and crude oil prices. The benchmark December palm oil contract on the Bursa Malaysia Derivatives Exchange edged up 0.31% to 4,913 ringgit ($1,205.64) per metric ton in early trade after falling