Latest news with #095
New Straits Times
5 days ago
- Business
- New Straits Times
Palm rises mirroring rival soyoil, crude oil
JAKARTA: Malaysian palm oil futures recovered on Wednesday after losses in the previous session, supported by gains in rival soyoil in Dalian and Chicago markets and higher crude prices. The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange gained RM31, or 0.76 per cent, to RM4,095 (US$964.89) a metric ton, as of 0232 GMT. FUNDAMENTALS Soyoil on the Chicago Board of Trade (CBOT) was up 0.44 per cent. Dalian's most active soyoil contract gained 0.95 per cent and its palm oil contract rose 0.54 per cent. Palm oil tracks the price movements of rival edible oils as it competes for a share of the global vegetable oils market. Oil prices ticked up in early trading after ending the previous session up more than 4 per cent on worries that the Iran-Israel conflict could disrupt supplies. Stronger crude oil futures make palm a more attractive option for biodiesel feedstock. Cargo surveyor Intertek Testing Services said exports of Malaysian palm oil products for June 1-15 rose 26.3 per cent, compared to May 1-15, while according to independent inspection company, AmSpec Agri Malaysia the shipments rose 17.8 per cent. Palm oil looks neutral in a range of RM4,072 to RM4,113 per metric ton, and an escape could suggest a direction, according to Reuters' technical analyst Wang Tao. MARKET NEWS Concerns over escalating hostilities in the Middle East stayed front and centre in markets, sending oil prices higher and investors rushing for the safety of US Treasuries and the dollar while dumping stocks.
What's On
15-05-2025
- What's On
Feed your wanderlust now with Etihad Airways' global sale
Right on time for summer… Travel lovers in the UAE will be thrilled at this timely reminder: Etihad Airways has a great global sale on now, and these flights are all set to take you to a multitude of thrilling destinations. Take note, however, that the sale is only on until Friday, May 16 – that's tomorrow. Images: supplied, What's On archive But while you'll need to get your mitts on these discounted air tickets by tomorrow, they will let you take to the skies with Etihad anytime between June and November this year, to over 30 amazing destinations around the globe. Popular travel hotspots included in this exciting sale include Turkey's Antalya (from Dhs1,095), Al Alamein on Egypt's Mediterranean Coast (from only Dhs695), the Italian capital of Rome (from Dhs1,695), Russia's resort city, Sochi (from Dhs1,595), Malaga in Spain (from Dhs1,995), Greek jewel Mykonos (from Dhs1,895), and several other leading ones that are waiting to be scratched off your travel bucket list. Prices reflect starting round-trip economy fares. But before you head off on holiday, make sure to swing by the Etihad Lounges at Zayed International Airport (AUH). Here's some motivation: Bon Voyage… > Sign up for FREE to get exclusive updates that you are interested in
Gulf Insider
14-04-2025
- Business
- Gulf Insider
Etihad Airways Summer Sale 2025 Offers Up To 30% Off; US Flights From Dh2,995
The UAE's national carrier Etihad launched its biggest annual sale on Monday, offering up to 30 per cent off on flight tickets to various destinations across its network. Etihad launched the Mega Tuesday offer ahead of the upcoming summer break. Travellers can book flights at special sale fares until April 18 to various Etihad destinations, including Prague and Warsaw, launching in June, and travel between May 1 and September 30. Passengers can also avail themselves of an additional 10 per cent off on all destinations using the promotional code EYEXTRA10 when booking their tickets on Tuesday, April 15, the carrier said. Arik De, Chief Revenue and Commercial Officer, Etihad Airways, said, 'Summer is the perfect time to create unforgettable travel memories, and we're making it easier with these special fares across our network.' 'Whether you're dreaming of pristine beaches, cultural adventures, or family fun, our summer sale offers something for everyone. Book early and give yourself something wonderful to look forward to,' De said. The airline also said it is working to enhance the travel experience offered, focusing on families, expanded destinations, and unique culinary offerings. The airline is launching 14 new destinations this year, alongside seasonal routes to Antalya, Santorini, and Nice, providing a wider range of travel options as well. The UAE's national carrier said Monday it has welcomed the sixth Airbus A350 to its growing fleet. The aircraft arrived in Abu Dhabi this weekend following a successful delivery flight from Toulouse, France, the carrier said. This summer, Etihad will begin operating the A350 to Atlanta, its newest and sixth gateway into North America and one of 16 new routes Etihad is launching this year. Fares to top destinations USA: Atlanta (ATL) from Dh2,995 Czech Republic: Prague (PRG) from Dh1,895 Poland: Warsaw (WAW) from Dh1,895 Russia: Sochi (AER) from Dh1,695 Egypt: Al Alamein (DBB) from Dh995 Taiwan: Taipei (TPE) from Dh3,195 Turkey: Antalya (AYT) from Dh1,495 Greece: Santorini (JTR) and Mykonos (JMK) from Dh1,895 Spain: Málaga (AGP) from Dh2,095 France: Nice (NCE) from Dh2,095
