Palm rises on crude oil strength, weaker softs cap gains
Malaysian palm oil futures followed crude oil prices higher on Tuesday, although gains were limited by weaker soft oils.
The benchmark palm oil contract FCPOc3 for August delivery on the Bursa Malaysia Derivatives Exchange rose 36 ringgit, or 0.92%, to 3,955 ringgit ($837.92) a metric ton by 0236 GMT.
It had gained 0.18% in overnight trade.
Read also
Connecting Industry Leaders: Highlights from BLACK SEA OIL TRADE-2025
Kyrgyz Authorities Push for Expanded Winter Wheat Cultivation
India’s vegetable oil imports will rise to record levels
Harvest delays in Kazakhstan lead to deteriorating wheat quality
Global prices for palm and soy oil to rise in early 2026, sunflower oil to drop – ...
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon