Palm subdued as strong crude oil, Chicago soyoil counter weak Dalian
Malaysian palm oil futures traded in a tight range on Monday, as support from stronger Chicago soyoil and crude oil prices countered weaker rival Dalian oils amid an escalating conflict in the Middle East.
The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange rose 3 ringgit, or 0.07%, to 4,121 ringgit ($963.53) a metric ton in early trade.
The contract rose in the last three consecutive sessions.
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
Crop & Price Navigator 2026/27: Black Sea and Danube. Forecast
US explores Africa as a potential new market for soy exports
Corn remains to be harvested in Ukraine from 22% of the area
AD Ports Group and Louis Dreyfus Company have agreed to establish a grain terminal...
Ukraine called on PACE to strengthen international mechanisms to protect food secu...
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon