Palm eases ahead of holidays despite stronger Chicago soyoil
Malaysian palm oil futures fell on Tuesday ahead of the Lunar New Year holidays, despite support from stronger Chicago soyoil prices.
The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange fell 12 ringgit, or 0.28%, to 4,206 ringgit ($958.09) a metric ton in early trade.
The contract rose 0.67% over last two sessions.
Further development of the grain and oilseed markets of Ukraine and the Black Sea region will be in the spotlight of the BLACK SEA GRAIN. KYIV conference, taking place on April 22–23 in Kyiv. The event will focus on strategic directions for the agricultural sector through 2030, including investments, energy independence, processing, and exports of high-value products.
Join strategic discussions and networking with industry leaders to gain актуальна insights, discover new business opportunities, and build partnerships with key market players.
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