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
BLACK SEA OIL TRADE: Straight Talk on the 2024/25 Season and 2025/26 Projections
US winter wheat harvest accelerates
USAID to cease providing foreign aid on July 1 — programs transferred to State Dep...
Wheat prices in Ukraine continue to rise, although stock exchange quotes fell by 3...
US may lift tariffs on products it cannot supply itself with
Write to us
Our manager will contact you soon