{
    "success": true,
    "data": {
        "id": 1279539,
        "msgid": "malaysian-palm-oil-prices-extend-losses-1447893297",
        "date": "2000-09-16 00:00:00",
        "title": "Malaysian palm oil prices extend losses",
        "author": null,
        "source": "REUTERS",
        "tags": null,
        "topic": null,
        "summary": "Malaysian palm oil prices extend losses KUALA LUMPUR (Reuters): Malaysia's palm oil futures slid further at the close on Friday on overnight falls at the Chicago Board of Trade (CBOT) and worries over a build-up in stocks, traders said. The benchmark third-month November futures contract closed 10 ringgit down at 954 ringgit ($251.05) a ton. Volume was thin at 396 lots.",
        "content": "<p>Malaysian palm oil prices extend losses<\/p>\n<p>KUALA LUMPUR (Reuters): Malaysia's palm oil futures slid<br>\nfurther at the close on Friday on overnight falls at the Chicago<br>\nBoard of Trade (CBOT) and worries over a build-up in stocks,<br>\ntraders said.<\/p>\n<p>The benchmark third-month November futures contract closed 10<br>\nringgit down at 954 ringgit ($251.05) a ton.<\/p>\n<p>Volume was thin at 396 lots.<\/p>\n<p>The market paid little attention to the official August<br>\nexport, stocks and output figures issued by the Malaysian Palm<br>\nOil Board (MPBO), said traders, adding that figures were in line<br>\nwith the forecast issued earlier by private forecaster Ivan Wong.<\/p>\n<p>\"There was nothing special about MPOB figures. Technically the<br>\nmarket doesn't look good and people want to know whether the<br>\nexport figures for the first 20 days of September are okay,\" said<br>\none trader in Kuala Lumpur.<\/p>\n<p>Traders said they welcomed the September 1-15 export data<br>\nissued by two cargo surveyors, but added they preferred to wait<br>\nfor the figures for the whole month as they would tell them<br>\nwhether local supply was still high.<\/p>\n<p>Physical Sept (south) crude palm oil was bid\/asked at 900\/910<br>\nringgit a ton. Trade was reported at 910.<\/p>\n<p>Sept (central) crude palm oil was at 915\/920 ringgit, and<br>\ntrade was reported at 915 to 920.<\/p>\n<p>Oct (south) crude palm oil was offered at 940 ringgit against<br>\nbids of 935, and trade was reported at 930 to 935. Oct (central)<br>\nwas offered at 940 ringgit against bids of 935. Trade was<br>\nreported at 935.<\/p>\n<p>Among refined products, Sept RBD palm oil was offered at<br>\n$257.50 a ton FOB, Oct at $260 and Nov\/Dec at $267.50.<\/p>\n<p>There were offers for Sept RBD palm olein at $277.50, Oct at<br>\n$280 and Nov\/Dec at $287.50.<\/p>\n<p>Sept\/Oct RBD palm stearin was offered at $195 and Sept\/Oct<br>\npalm fatty acid distillate was offered at $167.50.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/malaysian-palm-oil-prices-extend-losses-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
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