Palm opens lower on weaker rival oils, crude oil prices
Malaysian palm oil futures opened lower on Monday for a third consecutive session, pressured by weaker rival edible oils and lower crude oil prices, as concerns over a global trade war raised fears of a recession and slower economic growth.
The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange slid 49 ringgit, or 1.13%, to 4,279 ringgit ($957.91) a metric ton in early trade.
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.
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