열대성 인사이트

Malaysian palm oil futures ended higher on Tuesday, although uncertainty over potential trade deals between major Asian countries and the United States kept the market volatile. The benchmark palm oil contract FCPO1! for October delivery on the Bursa Malaysia Derivatives Exchange gained 38 ringgit, or 0.9%, to 4,263 ringgit ($1,008.04) a metric ton at the close. The contract lost about 2.1% on Monday. Crude palm oil futures were higher following overnight strength in Chicago and South American soyoil futures, said Anilkumar Bagani, research head of Mumbai-based vegetable oil broker Sunvin Group. However, Bagani said the lack of confirmation regarding any trade deals between the U.S. and major Asian countries, apart from Indonesia, continues to fuel market volatility. “The weakness seen in Chicago soyoil and rapeseed oil, combined with a stronger Malaysian ringgit, capped the gains,” he said. Dalian’s most-active soyoil contract (DBYcv1) fell 0.59%, while its palm oil contract ...

Palm oil prices are expected to remain firm next month, supported by firm festive demand from India and elevated US soybean oil prices, the Malaysian Palm Oil Council said on Tuesday. Crude palm oil may trade between RM4,100 and RM4,300 per tonne, according to forecasts from the industry council also known as MPOC. However, any

India has become the largest importer of Malaysian oil palm germinated seeds as it seeks to boost domestic palm oil production, The Economist Times reports. Demand has surged as the country steps up efforts to boost domestic palm oil production and reduce reliance on imports. Malaysia welcomes the surge in demand, seeing it as a testament