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Topic: Commodities | The Star

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Malaysian palm oil exports fell in August on weak Indian demand

MALAYSIAN palm oil exports likely fell last month on weaker-than-usual festival demand in major buyer India.

Oil mixed on Mideast escalation, Ukraine hopes

Oil prices were mixed on Thursday, supported after US strikes on Iran and renewed Israeli threats against Tehran revived concerns about disruption to Middle East supplies but pressured by comments from Russian President Vladimir Putin signalling openness to peace negotiations.

Robust biodiesel demand set to buoy CPO price

The plantation sector is set to benefit from tighter edible oil supplies and firmer demand for biodiesel, with crude palm oil (CPO) prices likely to remain elevated over the next 12 months.

Oil gains 1% as US-Iran strikes threaten supply

Brent crude prices settled 1% higher in a volatile session on Wednesday, driven by renewed military strikes between the US and Iran that have restricted world oil supply.

Global cocoa deficit possible, says Guan Chong

The global cocoa market is poised to face a supply shortfall for the first time in three years as a strengthening El Niño threatens production across key growing regions, according to Asia's top processor.

Oil gains over US$4 on renewed US-Iran fighting

Oil prices jumped more than US$4 a barrel on Tuesday, settling at a five-week high, as traders feared more supply disruptions from the Middle East due to renewed fighting between the US and Iran.

Oil prices rise as latest fighting revives Mideast supply disruption risks

OIL prices gained around $1 on Tuesday as the resumption of fighting between the U.S. and Iran in the Middle East renewed fears of supply disruptions from the world's key crude-producing region.

Gold declines as Fed chief flags tighter policy

WASHINGTON: Gold has declined, after falling more than 3% last Friday, as Federal Reserve (Fed) chairman Kevin Warsh's pledge to fight inflation lifted bets the US central bank will raise interest rates before the end of the year.

Lithium miners see storage demand surge

SHANGHAI: Lithium producers from China to Australia have posted bumper profits as demand from the fast-growing energy storage sector boosted prices for the battery metal.

Oil jumps more than 1% after US attack on Iran's Larak island

SINGAPORE: Oil prices jumped more than $1 a barrel on Monday after the U.S. attacked an Iranian island in the Strait of Hormuz and drew retaliation from Tehran, as conflict in the Middle East extended into its sixth month.

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