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Author: Tore Alden

Palm Oil Tops 4,100 Ringgit as Veg Oil Rally Continues

Tore Alden | 03.12.2021

Palm Oil Tops 4,100 Ringgit as Veg Oil Rally Continues

Vegetable prices continued to rally on Friday as concerns about dryness in Argentina continued to support soybean oil prices. Tight stocks and expectations that palm oil exports will accelerate in the coming weeks drove buying in palm oil. The gains lifted benchmark contracts in both markets to fresh life-of-contract highs and propelled palm oil to its largest weekly increase in more than five years. The moves left the spread between the...

Soybean Oil Prices Rally Despite Decline in Soybean Futures

The decline in soybean oil futures on Thursday and weakness in vegetable oil prices on the Dalian exchange weighed...

Cargo Surveyor Data Lifts Palm Oil Despite Bearish MPOB Data

Vegetable oil prices were mixed on Wednesday, narrowing the spread between the May soybean oil and palm oil contracts...

Vegetable Oil Prices Fall on Export Concern and Oilseed Drop

Vegetable oil prices declined on Tuesday as concerns about the potential for slowing export demand pressured palm oil prices...

Change in Indonesian Tax Rate Drives Rally in Palm Oil

Soybean oil prices rose on Friday. However, despite sharp gains in palm oil and a rally in soybean futures,...

Feed and Grain Prices Fall on Technically-Driven Selling

Feed and grain prices were generally lower on Thursday. Still, nearby corn futures managed to hold onto narrow gains...

Fund Selling in Ag Markets Drives Soybean Oil Sharply Lower

Soybean oil futures were battered on Friday, as speculative liquidation of soybean futures hit a fever pitch. An improvement...

Soybean Oil Erases Overnight Lows Following EPA Announcement

Soybean oil futures traded in a 1.91-cent range on Thursday as overnight pressure from a sharp decline in palm...

Soybean Oil Falls on Weakness in Soybean Futures

Vegetable oil prices were mixed on Wednesday, with soybean oil prices falling on weakness in soybean futures due to...

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Membership required to view content. at $370-420 per short ton on Wednesday, widening downward from $380-420 per ton on Tuesday April 23.

And Fastmarkets’ price assessment for Membership...

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Author: Tore Alden

Palm Oil Tops 4,100 Ringgit as Veg Oil Rally Continues

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