09.02.2012 21:47
Palm market news
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Palm Oil Has First Weekly Gain in Three Weeks as Rival Soybean Increases
(03 Sep, 2010)
Palm oil had its first week of gains in three after rival soybean oil rose on expectations that the U.S. harvest of the oilseed may not reach a record.
Palm futures climb on short-covering
(03 Sep, 2010)
MALAYSIAN crude palm oil futures closed more than 1 per cent higher yesterday on short-covering ahead of the Muslim festive season, but a firmer ringgit capped gains, a trader said.
Asian Crude Palm Oil Ends Up On Soyoil, Short Covering
(03 Sep, 2010)
Crude palm oil futures on Malaysia's derivatives exchange ended higher Friday as higher soyoil and a rally in wheat spurred investors to cover their short positions, trade participants said.
Malaysian Cash Market Prices For Palm Oil - Sep 3 at 1000 GMT Friday
(03 Sep, 2010)
The following are prices for Malaysian palm oil in the cash market as of 1000 GMT Friday, supplied by commodity broker Matthes & Porton Bhd.
Indonesia Astra Agro Sells 2,000 Tons CPO Friday
(03 Sep, 2010)
Indonesia's PT Astra Agro Lestari said in a statement Friday that it sold 2,000 metric tons of crude palm oil offered in an auction.
MARKET TALK: BMD CPO Futures Higher; May Gain More
(03 Sep, 2010)
BMD CPO futures higher on short covering, soyoil futures. "Palm prices may continue to rise on temporary supply shortage of oils (for nearby months) as harvesting activity slows during the Eid holidays," says exporter in Malaysia.
Indonesia PT KPB Sells Tons 2,000 Tons CPO At Auction Friday
(03 Sep, 2010)
Indonesia's PT KPB Nusantara said in a statement Friday that it sold 2,000 metric tons of crude palm oil in a government auction.
Palm Oil Futures Advance on Soybeans, Set for First Weekly Gain in Three
(03 Sep, 2010)
Palm oil futures advanced for a second day and were poised for the first weekly gain in three after rival soybean oil climbed on expectations that the U.S. soybean harvest may not reach a record.
MARKET TALK: Malaysia Cash Palm Gains; Damps Buying Interest
(03 Sep, 2010)
Malaysia cash palm prices rise, tracking CPO futures; gains push buyers to sidelines, says exporter in Singapore; upcoming festive holidays in region likely keep trade subdued next week.
MARKET TALK: BMD CPO Futures Up 0.6% Midday; Tipped Rangebound
(03 Sep, 2010)
BMD CPO futures up midday on position squaring; higher soyoil supportive.

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