Malaysian palm oil price snaps earlier losses on US soyoil gains, weaker ringgit

Malaysian palm oil futures edged up on Monday, snapping two previous sessions of declines, supported by gains in U.S. soyoil and a weaker ringgit, palm's trading currency. A weaker ringgit tends to support palm oil by making it cheaper for holders of foreign currencies. The ringgit was last down 0.1 percent against the dollar, and is at its weakest levels since November 2017. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange was up 0.6 percent at 2,237 ringgit ($537.87) a tonne at the end of the trading day.

Palm oil may gain further to 2,262 ringgit

Palm oil may gain further to 2,262 ringgit per tonne, as it has found a support at 2,219 ringgit. The support is provided by the 50 percent projection level of an upward wave C from the Sept. 20 low of 2,137 ringgit. It coincides with the neckline support of an inverted head-and-shoulders.

Malaysian palm oil/Vegoils: Market factors to watch Tuesday Oct 23

Malaysian palm oil futures edged up on Monday, snapping two previous sessions of declines, supported by gains in U.S. soyoil and a weaker ringgit, palm's trading currency. U.S. corn futures inched higher on Monday, snapping a four-session slide, as forecasts for rains to re-emerge in the Midwest next week raised concerns about harvest delays and crop quality, analysts said.

India's groundnut output seen down 29pct, possible rise in palm oil imports

India's groundnut output from summer-sown crop is likely to fall 29.2 percent from a year ago to 3.74 million tonnes as scanty rainfall hit yields in the top producing western state of Gujarat, a leading trade body said on Monday. The drop in output could force the world's biggest edible oil importer to raise overseas purchases in the 2018/19 marketing year starting from Nov. 1.

Palm oil may test resistance at 2,238 ringgit

Palm oil may test a resistance at 2,238 ringgit per tonne, a break above which could lead to a gain to 2,262 ringgit. The contract is expected to stabilise around a support at 2,219 ringgit, which is provided by the 50 percent projection level of an upward wave C from the Sept. 20 low of 2,137 ringgit.

Malaysian palm oil price falls tracking weakness in related oils

Malaysian palm oil futures fell on Thursday, snapping two days of gains, as it tracked weaker crude oil prices and a drop in U.S. soyoil in Chicago. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange closed down 1 percent at 2,239 ringgit ($538.87) a tonne, its sharpest decline in a week. It fell as much as 1.6 percent during the day to 2,224 ringgit. Trading volumes totalled 54,283 lots of 25 tonnes each. "Palm is down mirroring weakness in competing vegetable oils," said a Kuala Lumpur-based trader, referring to soyoil on the Chicago Board of Trade and related edible oils on China's Dalian Commodity Exchange.

Malaysia, EU to sign PCA in January 2019

Malaysia and the European Union (EU) plan to sign a partnership cooperation agreement (PCA) in January 2019, Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail said. Malaysia will be looking beyond bilateral trade and investment once the PCA is signed with the EU, she told Bernama and RTM after meeting Federica Maria Mogherini, High Representative of the EU for Foreign Affairs and Security Policy on Thursday. A PCA is a comprehensive agreement on bilateral and multilateral cooperation comprising politics, economics, trade, investment, justice, culture, education, science and technology, healthcare, agriculture, tourism, energy, traffic, and environment.

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Alexander Payne On ‘Nebraska’ Why He’s Not Making Fun Of People From The Midwest

Alexander Payne takes a direct approach to interviews. He’s certainly not there to make the interviewer feel comfortable, but it’s rarely ever truly contentious. One subject, however, Payne doesn’t like is the accusation that the Omaha born director behind “Election,” “Sideways” and “About Schmidt” is somehow belittling his Midwestern subjects. It’s obvious how much Payne loves these characters, which is why his newest film, “Nebraska,” just might be one of the most accurate depictions of modern life in the Midwest put on film.

In “Nebraska,” out Nov. 15 in limited release, David (Will Forte) has given up on trying to explain to his father, Woody (Bruce Dern), that the $1 million dollars Woody “may have already won” from a magazine subscription service is a scam. After a few incidents where a confused Woody tries to walk from Billings, Mont. to Lincoln, Neb. in cheap michael kors an ill fated attempt to pick up the prize, David decides to drive Woody to Nebraska himself. On the way, the father and son stop in their old hometown where, now, Woody is a local celebrity due to his “good fortune.”

Payne is in New York City for the New York Film Festival premiere of “Nebraska.” We spoke the day after its successful Tuesday night screening about the nuances that go into making a black and white movie set in Nebraska (as Payne’s mother said, filming the state of Nebraska in color would be “stupid”) and why the dynamics between Michael Kors from China his cast Dern and June Squibb as the parent, Forte and Bob Odenkirk as their sons was so important.

Having grown up in Missouri, “Nebraska” might be one of the greatest representations of people in the Midwest I’ve seen.

Well, (A), I’m from the Midwest I’m from Omaha and I still live there and (B) I try to be observant and (C) I try to represent what I observe in films.

After I saw the film, I was asked by people not from the Midwest if I thought the movie makes fun of Midwesterners. I said, “No.”

Whenever I get the cheap michael kors question, “Are you making fun?” or if I’m being accused of feeling superior to the characters, it’s usually by people who themselves feel superior to others. At least I think so. I remember when “Fargo” came out, the Coen brothers got some shit for making fun. People in Minnesota peed their pants that movie was so funny. Are you kidding me?

I can’t imagine anyone Replica Michael Kors Handbags in the Midwest is going to think that they are being made fun of.

I get more comments or questions about how I seem to love my characters than I do about how I seem to be making fun of those, so, michael kors handbags whatever. Look, I just make them. And I can’t change how anybody sees the film. So, whatever.

I thought people that I know were just asking me that, I am surprised people are asking you that.

Yeah, from time to time. Or I’ll read it in a review or something.

I do love the two local bars in the movie that look exactly the same. Especially with Chicago’s “We Can Last Forever” playing in the background.

[Laughs] Yeah, right. Very accurate, yeah. We tried about 50 songs for that scene trying to find stuff that melded well with the rhythm of the dialogue that seemed completely believable in that bar and that we can afford. And that’s the one we landed on. One I was temping with for weeks that I also loved was [Three Dog Night’s] “Never Been To Spain.” That one works, too.

It’s interesting you michael kors outlet filmed this in black and white because the look did remind me of the cover of Bruce Sprigsteen’s “Nebraska.”Was there any influence?

[Laughs] No.

I guess my point is that the perfect image of Nebraska is in black and white. Why does Nebraska work so well in black and white?

I don’t know. My mom said my mom saw it last night and she said in the car driving home, she goes, “Now I see why you had to make it in black and white. It would have Michael Kors from china been stupid in color.” I said, “Mom, I’m going to use that line.” [laughs]

When I first heard that you wanted to cast Gene Hackman as Woody, I was really excited by that prospect. But now I can’t imagine anyone but Bruce Dern playing Woody.

I have to correct you michael kors handbags a little bit, in that my very first thought when I read the script nine years ago was Bruce Dern. And Gene Hackman, I definitely tried to meet, but he won’t meet anyone right now. He’s retired. And it got out that I was trying to meet him I met like 50 guys but I couldn’t meet Hackman. But he’s an obvious one you’d want to cross off the list. But, anyway. I wound up circling back to Bruce.

Did Will Forte’s casting come as a result of how he worked with Bruce Dern? If it weren’t Bruce Dern, would someone else have played David?

Yes. Well, the casting director John Jackson michael kors outlet and I were trying to put together the right cast, whom we believed were also in the same family. So, everything stemmed from casting Bruce first because that was the hardest part to cast, Woody. We believed that Woody would marry June and we believed that Will Forte and Bob Odenkirk could be brothers and be sons of that couple. Had I cast another Woody, I michael kors handbags outlet had other people besides Will and Bob who, in a different version, the movie could have worked.

Those two make a good comedic team, obviously both of their “SNL” backgrounds help.

Had I cast another Woody, the number two lineup of sons would have been very dark fellows. They could have been very believable brothers, and both are super funny . but that wasn’t how it worked out. We were very concerned about creating believable families. That’s the point.

I do wish the football game they were watching was a Chiefs game as opposed to the Lions and Bears.

[Laughs] Can’t help you, pal.

“Nebraska” had success at Cannes, but I feel it’s going to play better to people here.

I’ve had much more successful screenings, I feel, at Telluride and New York than I had at Cannes. I think the American audience understands a lot more of the subtle jokes.Articles Connexes´╝Ü