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India's September palm oil imports slump 27% on tepid demand: trade body
The south Asian country is the world's biggest importer of edible oils, and lower purchases of palm oil could weigh on Malaysian palm oil prices. Higher soyoil imports could support U.S. soyoil prices.
Palm oil rises for fifth day on higher Dalian oils, strong exports
Exports of Malaysian palm oil products for Sept. 1-20 rose 9.4% to 1,035,0...
Palm slips for second day on weaker Dalian prices
Exports from Malaysia to the world's second-largest palm buyer China have picked up ahead o...
Palm oil set for first weekly drop in three
Malaysia's palm oil exports for Sept. 1-10 rose between 10% and 25.6% from the month before, cargo surveyors said on Thursday.
Crude palm oil becomes India's largest traded farm contract
According to data sourced from the Multi Commodity Exchange’s (MCX) website, the average daily turnover in the crude palm oil contract was Rs 273.60 crore. The daily volume averaged 39,068 tonnes, or over 5 per cent of the country’s monthly imports.
Palm oil hits two-week low in longest losing streak since June
Malaysia's opposition leader Anwar Ibrahim said on Wednesday he has secured a "formidable" majority from lawmakers to oust the Prime Minister, heralding a fresh bout of political drama that could hurt market sentiment in the world's no. 2 palm producer.
Palm oil inches up on expectations of higher Sept 1-15 exports
Palm oil may break a resistance at 2,910 ringgit per tonne and rise toward a range of 2,946-3,003 ringgit, Reuters technical analyst Wang Tao said.
Palm oil extends losses on weak Dalian, crude prices, rising output woes
Palm has already declined 5.5% so far this week, as possible lockdowns in some European states dragged global markets.
India's palm oil imports fall 14% in Aug: SEA
The fall in imports of RBD Palmolein is helping the domestic industry to utilise the higher capacity, it said in a statement.
Palm oil set for 8% weekly rise on higher soyoil, slower output growth forecast
The Southern Palm Oil Millers Association estimated output in some parts of Malaysia in Sept. 1-15 to rise 2.93% from the month before, traders said on Thursday. This was lower than the 8.84% monthly rise seen during Sept. 1-10.
Palm tracks fall in crude, US soyoil prices
"Palm oil prices fell in tandem with weak external markets and lower crude oil prices," a Kuala Lumpur-based trader told Reuters.
Palm oil firms on stronger Dalian oils ahead of export data
The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange gained 13 ringgit, or 0.48%, to 2,724 ringgit during 0247 GMT, after gaining 1% in the previous session.
Palm oil climbs to near one-month high on stronger soyoil, crude
The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange rose 58 ringgit, or 2.12%, to 2,796 ringgit ($674.55) a tonne during 0242 GMT, its highest since Aug. 4.
Palm slips on concerns over rising output, lower-than-expected exports
The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange closed down 2 ringgit, or 0.07%, at 2,812 ringgit ($675.64) a tonne, after rising as much as 1% during the session.
Palm oil rises 1% on higher soybean oil, weaker ringgit
The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange was up 32 ringgit, or 1.18%, at 2,741 ringgit ($652.93) a tonne by 0247 GMT.