Vegetable oil market in Vietnam, January 4: Palm oil prices recovered thanks to strong demand from India

게시됨 2024년 1월 4일

Tridge 요약

Palm oil prices on Bursa Malaysia increased by 0.6% during the morning trading session to 3,644 ringgit/ton. Soybean oil and palm oil prices on the Dalian exchange both decreased by 0.2%, while soybean oil prices on the Chicago stock exchange also decreased by 0.2%. India's palm oil imports rose to a four-month high in December 2023, making palm oil more competitive in the global vegetable oil market.

면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

Palm oil contract for delivery in March 2024 on Bursa Malaysia at the beginning of this morning's trading session increased by 21 ringgit, equivalent to 0.6%, to 3,644 ringgit (785.34 USD)/ton. On the Dalian exchange, soybean oil and palm oil prices both decreased by 0.2%. Soybean oil prices on the Chicago stock exchange also decreased 0.2%. Palm oil prices are influenced by relevant oil prices as they compete for market share in the global vegetable oil market. India's palm oil imports in December 2023 rose to a four-month high as purchases of refined palm oil increased as prices became competitive. Oil prices extended last session's gains on supply concerns in the Middle East following disruptions at ...

출처: Vinanet