Palm oil rises on stronger crude, Chicago soyoil
Malaysian palm oil futures inched higher on Wednesday, snapping losses from the previous session, supported by stronger Chicago soyoil and firmer crude oil.
The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange gained 11 ringgit, or 0.28%, to 3,994 ringgit ($943.32) a metric ton in early trade.
Further development of the grain and oilseed markets of Ukraine and the Black Sea region will be in the spotlight of the BLACK SEA GRAIN. KYIV conference, taking place on April 22–23 in Kyiv. The event will focus on strategic directions for the agricultural sector through 2030, including investments, energy independence, processing, and exports of high-value products.
Join strategic discussions and networking with industry leaders to gain актуальна insights, discover new business opportunities, and build partnerships with key market players.
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