Palm oil tracks Dalian rivals higher, but set for second weekly loss
Malaysian palm oil futures opened higher on Friday, tracking stronger rival edible oils in Dalian market, although the contract is on track for a second weekly loss.
The benchmark June palm oil contract on the Bursa Malaysia Derivatives Exchange gained 12 ringgit, or 0.29%, to 4,212 ringgit ($949.50) a metric ton in early trade.
The contract fell 3.05% so far this week.
Further development of the grain sector in the Black Sea and Danube region will be discussed at the 23 International Conference BLACK SEA GRAIN.KYIV on April 24 in Kyiv.
Join strategic discussions and networking with industry leaders!
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon