KUALA LUMPUR: Malaysian palm oil futures fell 1.5 percent to their lowest in more than a month on Monday, tracking weakness in soyoil on the Chicago Board of Trade (CBOT) and as demand from top consumers China and India weakened.
The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange was down 1.3 percent at 2,701 ringgit ($644.32) a tonne at the midday break, after declining as much as 1.5 percent to its lowest since Aug. 21 at 2,695 ringgit.
The contract posted its biggest intraday percentage drop in one week, and was headed for a second straight session of decline. Traded volumes stood at 16,551 lots of 25 tonnes each at noon.
The headquarters of the Sui Southern Gas Company . — APP FileKARACHI: Sui Southern Gas Company has launched a fresh...
The logo of the ExpoMed Eurasia. — CA MI websiteKARACHI: Pakistan is participating in ExpoMed Eurasia, a leading...
Gold bars are seen in this undated file photo. — AFP/FileKARACHI: Gold prices increased by Rs500 per tola on...
FFBL Head Office building can be seen in Islamabad. — FFBL WebsiteKARACHI: Fauji Fertilizer Bin Qasim Limited has...
Representational file of an MBW car. — AFP FileLAHORE: Small improvements in economic credentials of the country are...
The logo of the Oil and Gas Regulatory Authority . — Ogra websiteKARACHI: After Pakistan’s oil refineries,...
