Palm oil range-bound as weak exports counter lower inventories
Malaysian palm oil futures flitted in a tight range on Tuesday as traders weighed lower stockpiles against weak exports so far in August.
The benchmark palm oil contract FCPOc3 for July delivery on the Bursa Malaysia Derivatives Exchange was down 7 ringgit, or 0.19%, at 3,701 ringgit ($831.69) a metric ton, as of 0310 GMT.
Read also
Merry Christmas and Happy New Year!
Bangladesh to purchase rice, edible oil and lentils to stabilize prices ahead of R...
Ukraine does not claim the money received by Polish or Hungarian farmers – K...
Algeria purchased half a mln tons of durum wheat
Ban on Chinese drones raises concerns among US soybean farmers
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon