Malaysia: Palm snaps six-session decline on stronger Dalian palm, crude prices

Published 2024년 12월 24일

Tridge summary

Malaysian palm oil futures saw a rise on Monday, ending a six-session losing streak. The increase was attributed to the strength in Dalian palm olein and higher crude oil prices. The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange rose by 0.88% to 4,472 ringgit a metric ton.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Malaysian palm oil futures opened higher on Monday, snapping a six-session losing streak, tracking strength in Dalian palm olein and firmer crude oil prices. The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange gained 39 ringgit, or 0.88%, to 4,472 ringgit a metric ton in early trade. 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 daily ...

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