Palm oil range-bound as weak exports counter lower inventories

Source:  XM
пальмова олія

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.

Tags: , , ,

Got additional questions?
We will be happy to assist!