Palm oil futures rise on firmer crude oil
Palm oil futures closed higher, rebounding on firmer crude, gains in Dalian vegetable oils and expectations of stronger India demand, a trader said.
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Malaysian palm oil futures rise nearly 2% on India demand hopes
Malaysia’s benchmark palm oil futures rose nearly 2% after two straight losses, supported by expectations of higher Indian purchases, stronger crude oil, and firmer rival Dalian oils.
Palm Oil Drops to Eight-Week Low as Exports Slump, Supply Rises
Malaysian palm oil futures extended recent declines, hovering below MYR 4,650 per tonne and touching an eight-week low, as weaker edible oils on the Dalian market and sluggish export demand weighed on sentiment. Cargo surveyors noted palm oil shipments fell 15.1%—24.3% in the first 25 days of September from the same pe
Asian shares fall as oil rises and Treasury yields climb
Major Asian, US and European stock indexes were lower, while bonds and the dollar were mixed. The report also showed Brent crude higher and gold at a more than seven-week low.
Palm Oil Rebounds on Firmer Dalian, India Duty Cuts
Malaysian palm oil futures strengthened, hovering near MYR 4,790 per tonne after recent declines, boosted by a weaker ringgit, firmer edible oils on the Dalian market, and India’s decision to cut basic import duties on crude and refined vegetable oils ahead of the September—November festive season, in an effort to curb
Malaysian palm oil futures rise on higher crude prices
Malaysian palm oil futures gained on Monday, supported by higher crude oil prices and firmer Chicago soy oil.
Malaysian palm oil futures rise for second session
Malaysian palm oil futures rose for a second straight session, helped by firmer Dalian oils and higher crude oil prices. The November FCPOc3 contract added 29 ringgit to 4,958 ringgit.
Malaysian palm oil futures rise on firmer crude, Dalian
Malaysian palm oil futures opened higher on Friday, supported by firmer crude oil prices and rival Dalian oils. Benchmark FCPOc3 for November delivery gained 40… and is on track for a weekly gain after last week’s decline.
Palm oil futures rise over 1% as rival oils and crude strengthen
Malaysian palm oil futures rose more than 1% Tuesday, with gains in firmer rival edible oils and crude offsetting weak cargo surveyor data on August exports. Benchmark FCPOc3 for November delivery rose 77 ringgit.
Malaysian palm oil futures rise above MYR 4,850 as demand stays soft
Malaysian palm oil futures climbed above MYR 4,850 per tonne, helped by a weaker ringgit and firmer Dalian edible oils. Bargain buying followed a one-week low, but gains were capped by softer Chicago soybean oil and retreating crude.
Palm oil futures hover near 20-week high
Malaysian palm oil futures extend gains near MYR 4,900 per tonne, reaching their highest level since early April, with support from firmer edible oils and crude oil prices.
Malaysian palm oil futures extend gains, track second weekly rise
Malaysian palm oil futures extend gains around MYR 4,725 per tonne and are set for a second straight weekly advance, with export shipment estimates and stronger India import demand cited as support.