Palm extends losses on expectations of record October inventories
KUALA LUMPUR: Malaysian palm oil futures extended losses for a third straight session on Wednesday, falling to a four-month low, as expectations of record-high stockpiles and weaker Dalian palm olein pressured the market. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange slid 55 ringgit, or 1.21%, to 4,496 ringgit ($1,104.67) a metric ton, the lowest…
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Palm extends losses on expectations of record October inventories (opens Business Recorder in a new tab)
KUALA LUMPUR: Malaysian palm oil futures slipped more than 1% to hit mid-June lows on Wednesday, as expectations of record-high stockpiles and weaker Dalian palm olein weighed on prices. The benchmark palm oil contract for January delivery on the Bursa…
Palm hits four-month low on expectations of record October stocks (opens Business Recorder in a new tab)
KUALA LUMPUR: Malaysian palm oil futures extended losses for a third straight session on Wednesday, falling to a four-month low, as expectations of record-high stockpiles and weaker Dalian palm olein pressured the market. The benchmark palm oil contract for…
