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
No agreement yet between Ukraine and Russia on Black Sea shipping
Russia redirects vegetable oil exports to Baltic ports after EFKO terminal shutdown
Large grain stocks and new technologies reduce risks from ‘super’ El Niño
Kenya faces wheat import delays as imports cover 95% of the country’s needs
Ukraine’s grain export logistics costs rise by $50/t amid port shutdowns
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon