Palm opens lower on weaker rivals, crude oil prices
Malaysian palm oil futures opened lower on Monday for the sixth consecutive session, weighed down by weaker rival edible oils and crude oil prices, while traders also awaited cargo surveyors’ export estimates.
The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange slid 26 ringgit, or 0.65%, to 3,949 ringgit ($898.93) 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!
Read also
Uzbekistan increased corn imports
Palm oil production and stocks in Malaysia are increasing, while exports are decre...
Grains Close Lower. Wednesday, Sept. 10, 2025
The Counterparty Is Trying to Avoid Fulfilling the Contract. What Should You Do?
Ukraine exported the first 5 mln tons of grain in the new season
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon