Palm oil slips on weaker rival oils, crude, soft export data
Malaysian palm oil futures edged lower on Tuesday for a third consecutive session, as weaker rival edible oils, lower crude oil prices and softer export data pressured the market.
The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange slid 24 ringgit, or 0.6%, to 3,989 ringgit a metric ton in early trade.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
Black Sea Logistics Disruptions: Expert Market Briefing
Lower Black Sea sunflower oil exports are not changing the balance of the global v...
Ukraine seeks support to restore maritime grain exports and expand EU Solidarity L...
USDA forecasts 13% decline in Canada’s wheat crop for 2026/27
Indonesia’s palm oil export growth slows ahead of B50 biodiesel rollout
Write to us
Our manager will contact you soon