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Malaysian palm oil futures extended losses, hovering below MYR 4,550 per tonne as weaker Chicago soyoil weighed on sentiment. Caution also prevailed ahead of Malaysian Palm Oil Board monthly data, with stocks expected to peak this month. Sluggish demand added pressure, with cargo surveyors estimating a 17.1%-28.8% mont
Malaysian palm oil futures extended losses for a second session on Wednesday, pressured by weaker Chicago soyoil. The benchmark December contract slid 0.46% to 4,539 ringgit a metric ton.
Malaysian palm oil futures fell for a second session, pressured by weaker Chicago soyoil prices. However, firmer crude oil prices provided some support, limiting the extent of the decline.
Malaysian palm oil futures extended recent declines, hovering near MYR 4,600 per tonne to notch their lowest level since mid-July, pressured by weaker soyoil prices and sluggish exports. Cargo surveyors Intertek Testing Services and AmSpec Agri Malaysia reported that Malaysian palm oil product exports fell 17.1%-28.8%
Benchmark December contract fell 9 ringgit to 4,663 ringgit a ton at the close; rival soyoil and palm oil prices in Dalian also eased.
Benchmark December palm oil futures rose 1 ringgit to 4,673 ringgit a ton at midday in Kuala Lumpur.
Benchmark December contract on Bursa Malaysia fell 13 ringgit to 4,659 ringgit a metric ton.
Malaysian palm oil futures extended losses for a second straight session on Monday, as a firmer ringgit, softer crude oil prices and sluggish exports dampened sentiment. The benchmark December palm oil contract on the Bursa Malaysia Derivatives Exchange fell 41 ringgit, or 0.84%, to 4,857 ringgit a metric ton at the cl
By Dewi Kurniawati JAKARTA, Sept 18 (Reuters) — Malaysian palm oil futures fell on Friday, weighed down by weakness in rival edible oils on the Dalian and Chicago exchanges, although the benchmark contract remained on track for a weekly gain. The benchmark palm oil contract for December delivery on the Bursa Malaysia D
Malaysian palm oil futures slipped more than 1% on Thursday, extending losses for a third straight session. The benchmark palm oil contract (FCPOc3) for November delivery on the Bursa Malaysia Derivatives Exchange fell amid weaker rival soyoil and bearish demand and supply figures.
Malaysian palm oil futures dropped more than 1% on Thursday, extending losses for a third consecutive session. The benchmark contract (FCPOc3) for November delivery fell as rival soyoil weakened and bearish MPOB demand and supply figures were anticipated.
Malaysian palm oil futures rose near 2% to near MYR 4,900/tonne, a one-week high. Moves were supported by firmer edible oils, a weaker ringgit, and stronger crude, tempered by weaker exports and higher inventories.
Malaysian palm oil futures extended losses, trading below MYR 4,900 per tonne and hitting a one-week low as a stronger ringgit, weaker Chicago soyoil and demand concerns pressured sentiment.