Malaysian palm oil futures slipped on Monday, tracking a sharp drop in rival Chicago soyoil on Friday after a U.S. Supreme Court ruling on biofuel blending stoked demand concerns. The benchmark palm oil contract FCPOc3 for September delivery on the Bursa Malaysia Derivatives Exchange slid 36 ringgit, or 1.02%, to 3,484 ringgit ($839.52) a tonne …
The post Palm falls as U.S. court ruling stokes demand worries for rival soyoil first appeared on Hellenic Shipping News Worldwide.
Author: Capt....