07.
08.18
09:36

Palm oil is firmer - a weak ringgit supports

The price of palm oil futures at Bursa Malaysia is rising for the third consecutive day, supported by a weaker ringgit exchange rate. The Malaysian national currency has already lost 0.9% against the US dollar this year.
Today, the busiest October 18 date is 0.2% firmer and at noon, with 2,211 ringgit / ton. To date, 10,025 lots have been transhipped to 25 tons.
The prices of other financial derivatives on vegetable oils are also firmer today:
Soybean oil prices on the CBoT rise by 1.02% per hour, while the soybean oil oilseed in Dalian, China, is down 0.6%.

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