Palm snaps three-session losing run on strong rival vegetable oils
Malaysian palm oil futures rose on Thursday, after hitting their lowest close since October 1 in the previous session, supported by strength in rival vegetable oils and a weaker ringgit.
The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange gained 25 ringgit, or 0.62%, to 4,040 ringgit ($915.89) a metric ton by 0232 GMT.
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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