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
Rapeseed sowing in India at its lowest level in 10 years
Canadian wheat exports expected to decline amid smaller harvest and weaker North A...
Sunseed prices in russia decouple from global markets amid Black Sea export restri...
Cool and wet weather increases disease and pest pressure on Ukraine’s winter...
Malaysian palm oil production expected to decline in November
Write to us
Our manager will contact you soon