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Palm oil futures may test support levels, rise

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BusinessLine Malaysian palm oil futures ended lower on Monday, tracking weakness in other markets. Lower exports and higher production expectation weighed on prices. The benchmark third-month November contract moved lower again failing to capitalise on recent ... More »

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Farm support prices come with hidden costs

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BusinessLine The domestic debate has tended to conclude that the rise in MSP announced in the Budget is an essential part of achieving the government’s objective of doubling farm incomes. But MSP stands for minimum support prices and is an instrument designed ... More »

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MCX Lead bounces from crucial support levels

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BusinessLine The Lead futures contract on the Multi Commodity Exchange (MCX) has made a smart recovery in the past week. With this rally, the threat of a sharp fall after breaking below the crucial support level of ₹163 per kg in the week earlier has eased. Th... More »

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Palm oil futures tests support, rises

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BusinessLine December 11, 2017:   Malaysian palm oil futures on Monday slid to fresh lows, hitting their weakest in five-and-a-half months, as traders were cautious ahead of official data from the Malaysian Palm Oil Board on Tuesday. CPO active month February ... More »

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Palm oil will test support levels, rise

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BusinessLine Malaysian palm oil futures on Monday fell to a four-month low tracking softer edible oils on the Chicago Board of Trade and China’s Dalian Commodity Exchange. CPO active month February futures are correcting lower as expected. As mentioned earlier... More »

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Palm oil futures to test support levels, rise

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BusinessLine November 6, 2017:   Malaysian palm oil futures slid for the third consecutive day as sentiment turned bearish over expectations of rising production and end-stock levels. Malaysian palm oil output is seen rising to a two-year peak in October, lift... More »

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No support for independent Kashmir: Pakistani PM

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BusinessLine REUTERS Shahid Khaqan Abbasi Says Pakistan is a country fighting terror for the world London, November 6:   There is no support for an independent Kashmir on the ground in either part of Kashmir, or within the Kashmiri diaspora in both India and P... More »

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Palm oil futures will test support, rise

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BusinessLine Malaysian palm oil futures ended higher on the Bursa Malaysia Derivatives to their strongest in a month and a half, tracking gains in soya on the Chicago Board of Trade. A stronger export outlook and weaker-than-expected production growth were oth... More »

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Palm oil to test support, rise

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BusinessLine Malaysian palm oil futures ended lower tracking weakness in soya oil on the Chicago Board of Trade (CBOT) and as demand from top consumers China and India waned. The benchmark contract posted its biggest intraday percentage drop in one week, and w... More »

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Palm oil futures rise, test support levels

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BusinessLine September 18, 2017: Malaysian palm oil futures ended lower on Monday marking the third straight session of losses, tracking weakness in related edible oils and as a stronger ringgit weighed on the market. CPO active month December futures are movi... More »