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24.05.2012 16:58
Palm market news
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2011
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Cash and Market Prices
Palm oil advances
(02 Sep, 2011)
Palm oil advanced after a three-day break in trading, as a widening discount to the price of soya bean oil attracted buyers to the cheaper cooking oil.
Crude palm oil up on global cues
(02 Sep, 2011)
Buoyed by a firming global trend and a pick-up in demand in the domestic spot market, crude palm oil prices rose by Rs 2.20 to Rs 488.60 per 10 kg in futures trade today on increased buying by speculators.
Asian Crude Palm Oil Ends Up On Soyoil, Tight Vegoil Supplies
(02 Sep, 2011)
Crude palm oil futures on Bursa Malaysia Derivatives rose to their highest in a week on Friday, supported by concerns about declining soy production prospects in the U.S.
Malaysian PM Cash Market Prices For Palm Oil - Sep 2 at 1000 GMT Friday
(02 Sep, 2011)
The following are prices for Malaysian palm oil in the cash market at 1000 GMT Friday, supplied by commodity broker Matthes & Porton Bhd.
MARKET TALK: BMD CPO Rises; Wide Palm-Soyoil Gap Supports
(02 Sep, 2011)
BMD CPO futures are up in rangebound trade; investors shrug off a marginal fall in August exports, focusing on higher soyoil and the wide spread between palm oil and soy prices.
Malaysia August Palm Oil Exports 1.62 Mln Tons - Intertek
(02 Sep, 2011)
Malaysia's palm oil exports in August fell 0.6% from the previous month to 1.62 million tons, cargo surveyor Intertek Agri Services said Friday.
MARKET TALK: BMD CPO Up Midday; Remains Rangebound
(02 Sep, 2011)
BMD CPO futures are up midday due to short covering in thin trade; traders aren't likely to take new positions ahead of U.S. job data later in the day.
Malaysian AM Cash Market Prices For Palm Oil - Sep 2 at 0430 GMT Friday
(02 Sep, 2011)
The following are prices for Malaysian palm oil in the cash market at 0430 GMT Friday, supplied by commodity broker Matthes & Porton Bhd.
MARKET TALK: BMD CPO Rises 1.4% On CBOT Soyoil, Demand Outlook
(02 Sep, 2011)
BMD CPO futures rise tracking gains in soyoil; palm oil's wide price discount to soyoil may boost export demand, pushing CPO towards a psychological level of MYR3,200/ton in the next few months.
MARKET TALK: BMD CPO Tipped To Open Up; MYR3,100/Ton Resistance
(02 Sep, 2011)
Tight global vegoil supplies may push BMD CPO futures MYR10-MYR30 higher when trading opens; "palm oil will advance today, playing catch-up with CBOT soy markets after the three-day break".
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