Palm firms on stronger rival oils, crude oil weakness limits gains
Malaysian palm oil futures rose for a second session on Friday, tracking strength in rival edible oils, although weaker crude oil prices capped the gains.
The benchmark palm oil contract FCPOc3 for April delivery on the Bursa Malaysia Derivatives Exchange rose 38 ringgit, or 0.98%, to 3,933 ringgit ($834.50) in early trade.
Read also
Wheat in Southern Brazil Impacted by Dry Weather and Frosts
Oilseed Industry. Leaders and Strategies in the Times of a Great Change
Black Sea & Danube Region: Oilseed and Vegoil Markets Within Ongoing Transfor...
Serbia. The drought will cause extremely high losses for farmers this year
2023/24 Safrinha Corn in Brazil 91% Harvested
Write to us
Our manager will contact you soon