Palm rises on stronger crude oil, Chicago soyoil and weaker ringgit

Malaysian palm oil futures saw an increase on Wednesday, influenced by rising crude oil prices, stronger Chicago soyoil, and a weaker ringgit. The December delivery benchmark palm oil contract on the Bursa Malaysia Derivatives Exchange climbed by 69 ringgit, or 1.72%, to 4,075 ringgit ($978.63) per metric ton, following a 1.8% rise in overnight trading. Additionally, UkrAgroConsult offers AgriSupp, a platform providing market intelligence for grains and oilseeds, with features like daily updates on the Black Sea & Danube markets, analytical reports, and historical data, available with a 7-day free demo.

Malaysian palm oil futures rose on Wednesday, supported by firmer crude oil prices, stronger Chicago soyoil and a weaker ringgit. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange was up 69 ringgit, or 1.72%, at 4,075 ringgit ($978.63) a metric ton as of 0237 GMT. The contract rose 1.8% in overnight trade. For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp. It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access ...