Palm records 7% weekly rise as monsoon prompts output fears

Capt. John

Malaysian palm oil futures ended the week 7% higher on Friday as the arrival of the monsoon season stoked production worries, although gains were capped by sluggish October exports. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange rose 4 ringgit, or...

https://www.hellenicshippingnews.com/palm-records-7-weekly-rise-as-monsoon-prompts-output-fears/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon