Palm oil falls on rival soyoil weakness
Malaysian palm oil futures fell for a second straight session on Tuesday, weighed down by weakness in rival soyoil in both the Dalian and Chicago vegetable oils markets.
The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange fell 17 ringgit, or 0.42%, to 4,076 ringgit ($989.56) a metric ton by 0236 GMT.
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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