Palm futures opens higher on stronger rival oils
Malaysian palm oil futures rose on Wednesday as trading resumed after a two-day public holiday, supported by stronger rival edible oils.
The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange gained 92 ringgit, or 2.08%, to 4,511 ringgit ($1,014.62) a metric ton in early trade.
The contract has risen for three consecutive 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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