Palm tracks weakness in Chicago soyoils, Dalian vegetable oils
Malaysian palm oil futures fell for a second consecutive session on Tuesday, weighed down by lacklustre performances in Chicago soyoil and Dalian vegetable oils.
The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange lost 69 ringgit, or 1.65%, to 4,101 ringgit ($931.20) a metric ton by 0231 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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