Palm rises tracking Dalian contract, weaker ringgit
Malaysian palm oil futures snapped two straight sessions of losses and rose on Wednesday, tracking strength in Dalian’s palm oil, higher June export numbers and a weaker ringgit.
The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange gained 31 ringgit, or 0.78%, to 3,999 ringgit ($948.75) a metric ton in the early trade.
Further development of the grain and oilseed markets of Ukraine and the Black Sea region will be in the spotlight of the BLACK SEA GRAIN. KYIV conference, taking place on April 22–23 in Kyiv. The event will focus on strategic directions for the agricultural sector through 2030, including investments, energy independence, processing, and exports of high-value products.
Join strategic discussions and networking with industry leaders to gain актуальна insights, discover new business opportunities, and build partnerships with key market players.
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