Palm drops to nearly 4-month low on weak Dalian rival oils, increased output

Malaysian palm oil futures fell to a nearly four-month low on Wednesday, snapping last session’s gains, as rival edible oils on the Dalian exchange and increased production weighed. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange lost 10 ringgit, or 0.24%, to 4,133 ringgit ($978.46) a metric ton as of 0234 GMT. For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp. It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to ...