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Palm oil rises tracking soyoil at Dalian By Dewi Kurniawati

Published Jan 3, 2025

Tridge summary

Malaysian palm oil futures rose by 1.26% on Thursday, reaching 4,504 ringgit ($1,006.26) a metric ton, due to similar trends in the rival soyoil market at the Dalian market. The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange saw an increase of 56 ringgit.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Malaysian palm oil futures opened up on Thursday, mirroring the movement of rival soyoil at the Dalian market. The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange gained 56 ringgit, or 1.26%, to 4,504 ringgit ($1,006.26) a metric ton by 2.31 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 daily ...
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