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Palm Oil

Palm oil eases on profit-booking ahead of holiday
Markets

Palm oil eases on profit-booking ahead of holiday

  • The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange closed down 14 ringgit, or 0.46%, to 3,051 ringgit ($732.88) a tonne.
  • Indonesia has set crude palm oil export tax at $3 per tonne for November.
Published 28 Oct, 2020 05:00pm
Palm oil bounces back on stronger crude
Markets

Palm oil bounces back on stronger crude

  • The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange settled up 21 ringgit.
  • Crude oil prices rose after a volatile session sparked by confusion over the status of the US-China trade deal.
Published 23 Jun, 2020 06:06pm