Palm slips on lower ringgit; stronger crude oil caps downside
Malaysian palm oil futures opened lower on Wednesday, tracking weakness in the ringgit, while a stronger crude oil helped limit losses.
The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange lost 18 ringgit, or 0.45%, to 3,948 ringgit ($896.25) a metric ton in early 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
Snack manufacturers are reducing ingredients and packaging due to weight loss drugs
Russia and Iran discuss large-scale wheat supplies under food security program
Abbey Commodities – General Partner of BLACK SEA GRAIN.KYIV-2026
Uzbekistan boosts flour exports and overtakes Kazakhstan on the global market
China expands traceability requirements for many agricultural products
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon