Palm flat as rival soyoil contracts offset weaker crude oil
Malaysian palm oil futures were little changed on Friday, as stronger Dalian and Chicago soyoil contracts offset weaker crude oil prices.
The benchmark palm oil contract FCPOc3 for October delivery on the Bursa Malaysia Derivatives Exchange was up 0.05% to 3,939 ringgit ($842.57) a metric ton by 0246 GMT.
Read also
Missed BLACK SEA GRAIN? Get Full Access to Conference Insights!
US soybean oil prices rise to highest level since 2022 after biofuel targets updated
Wheat supports moderate growth in Malaysia’s feed milling industry
India cuts palm oil imports as it switches to rival edible oils
Ukraine increased corn exports in April
Write to us
Our manager will contact you soon