Palm oil opens higher on stronger rival oils, crude oil prices

Malaysian palm oil futures rose on Friday, supported by gains in rival edible oils and stronger crude oil prices.
The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange gained 95 ringgit, or 2.35%, to 4,131 ringgit a metric ton in early trade.
Discover more about аgri market developments at the 11 International Conference BLACK SEA OIL TRADE on September 23 in Bucharest! Join agribusiness professionals from 25+ countries for a powerful start of the oilseed season!
Read also
MARKET SIGNALS TO WATCH, June 20 – 27, 2025
Export duty back on the table: Ukraine revisits 10% tariff on soy and rapeseed
Global Trade in Focus: What’s Ahead for Grains & Oils in 2025/26?
India’s palm oil imports jump 61% in June to hit 11-month high
Ukrainian farmers are approaching the harvest of the first million tons of grain o...
Write to us
Our manager will contact you soon