Palm oil slips on weaker Dalian rival contracts, firmer ringgit
Malaysian palm oil futures fell on Monday, as weaker Dalian rival oils and a stronger ringgit currency weighed on the market.
The benchmark palm oil contract FCPOc3 for October delivery on the Bursa Malaysia Derivatives Exchange slid 55 ringgit, or 1.40%, to 3,862 ringgit ($871.19) by 0235 GMT.
The contract fell 0.63% last week, a second consecutive weekly drop.
Read also
Abbey Commodities – General Partner of BLACK SEA GRAIN.KYIV-2026
Black Sea & Danube Barley Market at a Turning Point: Demand Pressure and Regi...
US Supreme Court rules Trump’s emergency duties illegal
Mercosur: Protective measures for European agriculture
US makes concessions on pulses in new trade deal with India
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon