Palm oil rises in early trade, tracking Dalian contract
Malaysian palm oil futures rose on Tuesday, taking cues from Dalian’s palm oil prices, to regain some of their losses during overnight trade.
The benchmark palm oil contract FCPOc3 for June delivery on the Bursa Malaysia Derivatives Exchange gained 0.38% to 4,252 ringgit per metric ton during early trade.
The contract posted a 0.47% gain by the end of Monday’s afternoon trade, but reversed direction to lose 1.19% in the overnight 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
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon