Malaysia: Palm rises for sixth session on Dalian oils’ strength
Published 2024년 9월 26일
Tridge summary
Malaysian palm oil futures continued their upward trend for the sixth straight session on Wednesday, bolstered by gains in competing Dalian edible oils, despite the presence of a stronger ringgit. The December delivery benchmark on the Bursa Malaysia Derivatives Exchange rose by 38 ringgit, or 0.95%, reaching 4,026 ringgit ($977.18) per metric ton by 0238 GMT. Additionally, UkrAgroConsult's AgriSupp platform offers market intelligence for grains and oilseeds, featuring daily operational information, analytical reports, and historical data, with a 7-day free demo access.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Malaysian palm oil futures rose for a sixth straight session on Wednesday despite a stronger ringgit, as gains in rival Dalian edible oils supported the market. The benchmark palm oil contract FCPOc3 for December delivery on the Bursa Malaysia Derivatives Exchange climbed 38 ringgit, or 0.95%, to 4,026 ringgit ($977.18) a metric ton by 0238 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 ...
Source: UkrAgroConsult
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