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
France to allocate over €1 bln to compensate farmers for heat-related losses
US overtakes Russia in global wheat export market share
Global soybean oil production to rise to 71 mln tons
Wheat loses part of its Black Sea premium on expectations of talks
Lithuania tightens grain origin controls at Klaipeda port
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon