Palm slips on weaker rivals; firmer crude oil caps losses
Malaysian palm oil futures fell on Thursday, weighed down by weakness in rival Dalian and Chicago contracts, although firmer crude oil prices and a weaker ringgit capped losses.
The benchmark palm oil contract FCPOc3 for October delivery on the Bursa Malaysia Derivatives Exchange was down 15 ringgit, or 0.38%, to 3,917 ringgit ($839.84) a metric ton by 0239 GMT.
Read also
Rapeseed sowing in India at its lowest level in 10 years
Canadian wheat exports expected to decline amid smaller harvest and weaker North A...
Sunseed prices in russia decouple from global markets amid Black Sea export restri...
Cool and wet weather increases disease and pest pressure on Ukraine’s winter...
Malaysian palm oil production expected to decline in November
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon