Palm opens lower on weaker rival oils, crude oil prices

Malaysian palm oil futures have fallen for the third consecutive session, with the June delivery contract on the Bursa Malaysia Derivatives Exchange dropping by 1.13% to 4,279 ringgit ($957.91) per metric ton. This decline is attributed to weaker rival edible oils and a drop in crude oil prices, amidst concerns about a global trade war and potential recession. Meanwhile, the 23 International Conference BLACK SEA GRAIN.KYIV, scheduled for April 24 in Kyiv, will focus on the development of the grain sector in the Black Sea and Danube region.