Palm tracks rival vegetable oils lower
Malaysian palm oil futures opened lower on Monday, tracking weakness in rival vegetable oils and weighed down by downbeat cargo surveyor data.
The benchmark palm oil contract FCPOc3 for March delivery on the Bursa Malaysia Derivatives Exchange slid 36 ringgit, or 0.75%, to 4,780 ringgit ($1,072.23) a metric ton in early trade, extending losses to a second session.
Discover more about аgri market developments at the 11 International Conference BLACK SEA OIL TRADE on September 23 in Bucharest! Join agribusiness professionals from 25+ countries for a powerful start of the oilseed season!
Read also
The Counterparty Is Trying to Avoid Fulfilling the Contract. What Should You Do?
Kazakhstan to export 10.4 mln tons of grain in MY 2025/26
Pea production in Ukraine is growing at the fastest pace among agricultural crops
ADM, PepsiCo and Mars launch regenerative agriculture program in Poland
EU approves Malaysian palm oil certification
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon