Palm opens lower on weaker Dalian soyoil, crude oil prices
Malaysian palm oil futures opened lower on Tuesday, snapping two consecutive sessions of gains, pressured by weaker rival Dalian soyoil and crude oil prices.
The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange slid 22 ringgit, or 0.57%, to 3,811 ringgit ($906.30) a metric ton in early trade.
Discover more about аgri market developments at the 11 International Conference BLACK SEA OIL TRADE on September 23 in Bucharest! Join agribusiness professionals from 25+ countries for a powerful start of the oilseed season!
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon