Palm oil range-bound as weak exports counter lower inventories
Malaysian palm oil futures flitted in a tight range on Tuesday as traders weighed lower stockpiles against weak exports so far in August.
The benchmark palm oil contract FCPOc3 for July delivery on the Bursa Malaysia Derivatives Exchange was down 7 ringgit, or 0.19%, at 3,701 ringgit ($831.69) a metric ton, as of 0310 GMT.
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