Palm tracks rival vegetable oils higher
Malaysian palm oil futures rose on Wednesday, tracking rival vegetable oils in Dalian Commodity Exchange and overnight gain in Chicago soyoil, recouping some of the previous session’s losses.
The benchmark palm oil contract FCPOc3 for September delivery on the Bursa Malaysia Derivatives Exchange gained 44 ringgit, or 1.13%, to 3,927 ringgit ($834.47) a metric ton as of 0235 GMT. It gained 1.06% in overnight trade.
Read also
Coming Up in UkrAgroConsult Reports: Key Market Signals
High fertilizer prices could reshape US planting decisions in 2027 – USDA
Food wheat may become more expensive relative to feed wheat due to a protein shortage
EU exports support Ukrainian soybean prices amid maritime logistics disruptions
Zimbabwe proposes curbing vegetable oil imports while making wheat imports cheaper
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon