{"id":4623,"date":"2024-04-23T18:23:41","date_gmt":"2024-04-23T18:23:41","guid":{"rendered":"https:\/\/econoasia.com\/palm-oil-prices-fall-after-top-buyer-india-imposes-21-day-lockdown\/"},"modified":"2024-04-23T18:23:41","modified_gmt":"2024-04-23T18:23:41","slug":"palm-oil-prices-fall-after-top-buyer-india-imposes-21-day-lockdown","status":"publish","type":"post","link":"https:\/\/econoasia.com\/id\/palm-oil-prices-fall-after-top-buyer-india-imposes-21-day-lockdown\/","title":{"rendered":"Palm oil prices fall after top buyer India imposes 21-day lockdown"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-apw=\"\">KUALA LUMPUR: Malaysian <a data-vars-ga-label=\"https:\/\/m.economictimes.com\/commoditysummary\/symbol-CPO.cms\" href=\"https:\/\/m.economictimes.com\/commoditysummary\/symbol-CPO.cms\" target=\"_blank\" class=\"semibold blue artInLink\" rel=\"noopener\">palm oil<\/a> futures fell on Wednesday on demand worries after top buyer India imposed a three-week lockdown to stem the spread of the coronavirus, but supply concerns after Malaysia suspended some palm operations capped losses.The benchmark palm oil contract for June delivery on the <a data-vars-ga-label=\"https:\/\/economictimes.indiatimes.com\/topic\/bursa-malaysia-derivatives-exchange\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/bursa-malaysia-derivatives-exchange\" class=\"semibold blue artInLink\" target=\"_blank\" rel=\"noopener\">Bursa Malaysia Derivatives Exchange<\/a> slid 13 ringgit, or 0.51 per cent, to 2,341 <a data-vars-ga-label=\"https:\/\/economictimes.indiatimes.com\/topic\/ringgit\" href=\"https:\/\/economictimes.indiatimes.com\/topic\/ringgit\" class=\"semibold blue artInLink\" target=\"_blank\" rel=\"noopener\">ringgit<\/a> ($530.72) per tonne during early trade.<\/p>\n<p>Palm had gained 2.71 per cent in the previous session.<\/p>\n<p><amp-fx-flying-carpet style=\"height:300px;width:336px;\" class=\"ads usca i-amphtml-layout-fixed-height i-amphtml-layout-size-defined\" height=\"300px\" i-amphtml-layout=\"fixed-height\"><amp-ad data-enable-refresh=\"30\" json=\"{&quot;targeting&quot;:{&quot;tmpl&quot;:[&quot;Articleshow&quot;],&quot;Meta_Keywords&quot;:[&quot;&quot;ringgit&quot;,&quot;covid-19&quot;,&quot;india lockdown&quot;,&quot;Bursa Malaysia Derivatives Exchange&quot;,&quot;Palm Oil&quot;&quot;],&quot;Hyp1&quot;:[&quot;ringgit,covid-19,india lockdown,Bursa Malaysia Derivatives Exchange,Palm Oil&quot;],&quot;Keyword&quot;:[&quot;No keywords present for given client. clientId : 2308&quot;],&quot;hb_wrapper&quot;:[&quot;rubicon&quot;], &quot;BL&quot;:[&quot;1&quot;], &quot;SCN&quot;:[&quot;Markets&quot;], &quot;SubSCN&quot;:[&quot;Commodities&quot;],&quot;LastSubSCN&quot;:[&quot;News&quot;], &quot;ArticleID&quot;:[&quot;74802990&quot;]}}\" rtc-config=\"{&quot;vendors&quot;: { &quot;openwrap&quot;: { &quot;PROFILE_ID&quot; : &quot;2960&quot;, &quot;PUB_ID&quot; : &quot;23105&quot;}, &quot;IndexExchange&quot;: { &quot;SITE_ID&quot; : &quot;692974&quot;}, &quot;aps&quot;: { &quot;PUB_ID&quot; : &quot;5025&quot;, &quot;PARAMS&quot;:{&quot;amp&quot; : &quot;1&quot;}}, &quot;prebidrubicon&quot;: { &quot;REQUEST_ID&quot; : &quot;4642-ET_Mweb_Mweb_MKTNEWS_FC&quot;, &quot;ACCOUNT_ID&quot; : &quot;4642&quot;}}, &quot;urls&quot;:[&quot;https:\/\/ade.clmbtech.com\/cde\/aeamp\/2308&quot;], &quot;timeoutMillis&quot;: 1000 }\" data-slot=\"\/7176\/ET_AMP_Mweb\/ET_AMP_Mweb_MarketsNews\/ET_Mweb_Mweb_MKTNEWS_FC\" data-npa-on-unknown-consent=\"\" data-block-on-consent=\"\" type=\"doubleclick\" data-multi-size-validation=\"false\" data-multi-size=\"300x250,300x400,336x280,320x480,336x600,300x600\" data-loading-strategy=\"0\" layout=\"fixed\" height=\"600\" width=\"336\" class=\"i-amphtml-layout-fixed i-amphtml-layout-size-defined\" style=\"width:336px;height:600px;\" i-amphtml-layout=\"fixed\"\/><\/amp-fx-flying-carpet><br \/><strong>FUNDAMENTALS<\/strong><br \/>Malaysia&#8217;s largest palm oil producing state, Sabah, on Tuesday ordered the temporary closure of plantations and factories in three districts after&#8230;<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/m.economictimes.com\/markets\/commodities\/news\/palm-oil-prices-fall-after-top-buyer-india-imposes-21-day-lockdown\/amp_articleshow\/74802990.cms\">Tautan sumber<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR: Malaysian palm oil futures fell on Wednesday on demand worries after top buyer India imposed a three-week lockdown to stem the spread of the coronavirus, but supply concerns after Malaysia suspended some palm operations capped losses.The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange slid 13 ringgit, or [&hellip;]<\/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":[2835,2833,2834,2805,2832],"class_list":{"0":"post-4623","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-bombay-stock-exchange-bse-id","7":"tag-bursa-malaysia-derivatives-exchange","8":"tag-covid-19","9":"tag-india-lockdown","10":"tag-palm-oil","11":"tag-ringgit"},"_links":{"self":[{"href":"https:\/\/econoasia.com\/id\/wp-json\/wp\/v2\/posts\/4623","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=4623"}],"version-history":[{"count":0,"href":"https:\/\/econoasia.com\/id\/wp-json\/wp\/v2\/posts\/4623\/revisions"}],"wp:attachment":[{"href":"https:\/\/econoasia.com\/id\/wp-json\/wp\/v2\/media?parent=4623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/econoasia.com\/id\/wp-json\/wp\/v2\/categories?post=4623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/econoasia.com\/id\/wp-json\/wp\/v2\/tags?post=4623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}