Palm opens higher on stronger rival edible oils
Malaysian palm oil futures opened higher on Thursday, snapping three consecutive sessions of losses, supported by stronger rival edible oils.
The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange gained 32 ringgit, or 0.71%, to 4,519 ringgit ($1,020.09) 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
Rising fuel prices may trigger a new wave of food price increases
US corn farmers under pressure as fertilizer and fuel costs rise
War in the Middle East is negatively affecting the global potato market
Replacing urea supplies from the Persian Gulf countries is currently impossible — ...
Prices for palm oil ended trading lower on Wednesday
Write to us
Our manager will contact you soon