Palm rises on stronger crude oil, Chicago soyoil and weaker ringgit
Malaysian palm oil futures rose on Wednesday, supported by firmer crude oil prices, stronger Chicago soyoil and a weaker ringgit.
The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange was up 69 ringgit, or 1.72%, at 4,075 ringgit ($978.63) a metric ton as of 0237 GMT. The contract rose 1.8% in overnight trade.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
The Counterparty Is Trying to Avoid Fulfilling the Contract. What Should You Do?
Kazakhstan to export 10.4 mln tons of grain in MY 2025/26
Pea production in Ukraine is growing at the fastest pace among agricultural crops
ADM, PepsiCo and Mars launch regenerative agriculture program in Poland
EU approves Malaysian palm oil certification
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon