Palm oil opens higher on stronger rival oils, crude oil prices

Published 2025년 4월 28일

Tridge summary

Malaysian palm oil futures rose on Friday, with the benchmark contract for July delivery on the Bursa Malaysia Derivatives Exchange gaining 2.35% to 4,131 ringgit a metric ton. The increase in palm oil futures is attributed to gains in rival edible oils and stronger crude oil prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Malaysian palm oil futures rose on Friday, supported by gains in rival edible oils and stronger crude oil prices. The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange gained 95 ringgit, or 2.35%, to 4,131 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 operational ...

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