{"id":4615,"date":"2024-04-23T18:22:21","date_gmt":"2024-04-23T18:22:21","guid":{"rendered":"https:\/\/econoasia.com\/palm-oil-palm-oil-dips-on-indias-import-cut-plans-set-for-worst-week-in-9-months\/"},"modified":"2024-04-23T18:22:21","modified_gmt":"2024-04-23T18:22:21","slug":"palm-oil-palm-oil-dips-on-indias-import-cut-plans-set-for-worst-week-in-9-months","status":"publish","type":"post","link":"https:\/\/econoasia.com\/id\/palm-oil-palm-oil-dips-on-indias-import-cut-plans-set-for-worst-week-in-9-months\/","title":{"rendered":"palm oil: Palm oil dips on India’s import cut plans; set for worst week in 9 months"},"content":{"rendered":"


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Malaysian palm oil<\/a> futures extended losses to a fourth session on Friday, set for their worst week in nine months after top buyer India sought to cut vegetable oil<\/a> imports, while prolonged weakness in rival edible oils also weighed on sentiment. The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange fell 18 ringgit, or 0.47%, to 3,780 ringgit ($799.83) a metric ton by midday break.<\/p>\n

The contract has declined about 5.9% so far this week, on track for its sharpest weekly decline since May 2.<\/p>\n

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The overarching issue is that the edible oils market is entering a period of low demand, said Mitesh Saiya,…<\/div>\n


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Tautan sumber<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Malaysian palm oil futures extended losses to a fourth session on Friday, set for their worst week in nine months after top buyer India sought to cut vegetable oil imports, while prolonged weakness in rival edible oils also weighed on sentiment. The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2009],"tags":[2809,2807,2808,2806,214,2805],"class_list":{"0":"post-4615","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-bombay-stock-exchange-bse-id","7":"tag-edible-oil","8":"tag-import-cut","9":"tag-indian-imports","10":"tag-oil","11":"tag-oil-prices","12":"tag-palm-oil"},"_links":{"self":[{"href":"https:\/\/econoasia.com\/id\/wp-json\/wp\/v2\/posts\/4615","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/econoasia.com\/id\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/econoasia.com\/id\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/econoasia.com\/id\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/econoasia.com\/id\/wp-json\/wp\/v2\/comments?post=4615"}],"version-history":[{"count":0,"href":"https:\/\/econoasia.com\/id\/wp-json\/wp\/v2\/posts\/4615\/revisions"}],"wp:attachment":[{"href":"https:\/\/econoasia.com\/id\/wp-json\/wp\/v2\/media?parent=4615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/econoasia.com\/id\/wp-json\/wp\/v2\/categories?post=4615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/econoasia.com\/id\/wp-json\/wp\/v2\/tags?post=4615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}