Palm oil rises in price as monsoon season begins in South Asia

Source:  UkrAgroConsult
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UkrAgroConsult

Vegetable oil prices rose over September 20-26.

During the week Palm oil prices in Malaysia increased by USD 21.00 to 920.00 USD/t.

Vegetable oil prices are supported by the monsoon season in South Asia, which may affect palm oil production.

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

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