Palm oil edges higher on bargain buying, low stockpile
Malaysian palm oil futures firmed on Thursday for the second straight session, underpinned by tighter inventories and bargain buying after the contract touched a more than seven-month low in the previous session.
The benchmark palm oil contract FCPOc3 for October delivery on the Bursa Malaysia Derivatives Exchange rose 10 ringgit, or 0.27%, to 3,733 ringgit ($842.66) a metric ton as of 0235 GMT.
Read also
The Counterparty Is Trying to Avoid Fulfilling the Contract. What Should You Do?
Kazakhstan to export 10.4 mln tons of grain in MY 2025/26
Pea production in Ukraine is growing at the fastest pace among agricultural crops
ADM, PepsiCo and Mars launch regenerative agriculture program in Poland
EU approves Malaysian palm oil certification
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon