Palm oil prices rose significantly amid high crude oil prices

Vegetable oil prices continued to increase over September 27 – October 3

During the week Palm oil prices in Malaysia increased by USD 78.00 to 998.00 USD/t.

Palm oil prices in Malaysia were supported by the geopolitical factors, which contributed to the rise in crude oil prices.

Further development of the oilseed and vegoil sector in the Black Sea and Danube region will be discussed at the 10^th International Conference BLACK SEA OIL TRADE on October 15^th in Bucharest.

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Tags: prices, palm oil