Malaysian palm oil prices firm in early trade on supply concerns
Malaysian palm oil futures rose in early trade on Wednesday due to concerns over lower production and falling stocks in the world’s top suppliers.
The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange gained 32 ringgit, or 0.85%, to 3,787 ringgit ($815.46) in early trade.
Read also
France may expand winter barley area as rapeseed planting declines
India launches its first dedicated investment policy for the sugar industry
Sri Lanka to harvest record rice crop after sharp rise in fertilizer imports
European UCO and animal fat prices rise on strong biofuel demand
Moldova becomes second-largest wheat supplier to the EU amid record exports
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon