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

Source:  Business Recorder
пальмова олія

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.

For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.

It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.

You are welcome to get a 7-day free demo access!!!

Tags: , , , ,

Got additional questions?
We will be happy to assist!