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Palm pares some losses, bearish price outlook weighs

JAKARTA (Sept 27): Malaysian palm oil futures recouped some losses as crude oil and US soy oil rebounded but still ended Tuesday (Sept 27)’s afternoon trade lower, as concerns of higher output and soft demand for the rest of the year remained.

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Palm slumps nearly 7% on weaker rival oils

Malaysian palm oil futures fell nearly 7% on Monday (Sept 26), tracking weakness in rival edible oils amid recession fears, and after a leading analyst warned prices would plunge by more than 30% by the end of this year due to ample supply and weaker demand.

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Palm slumps to 15-month low after price warning from analyst | Hellenic Shipping News Worldwide

Palm slumps to 15-month low after price warning from analyst | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Kuala lumpurFransiska nangoySubhranshu sahuIndonesian palm oil associationBursa malaysia derivatives exchangeIntertek testing servicesDorab mistryChicago board

Malaysian palm prices seen tumbling to 2,500 rgt by year-end -analyst Mistry | Hellenic Shipping News Worldwide

Malaysian palm prices seen tumbling to 2,500 rgt by year-end -analyst Mistry | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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Palm oil closes nearly 3% lower on bearish price outlook | Hellenic Shipping News Worldwide

Palm oil closes nearly 3% lower on bearish price outlook | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Mei chuZuraida kamaruddinShinjini ganguliSandeep singhBursa malaysia derivatives exchangeMalaysian palm oil boardDorab mistryFarm tradeKuala lumpur basedChicago boardRashmi aich