Palm oil extends four-day drop to 13% on Brent crude slump
https://mpoc.org.my/palm-oil-extends-four-day-drop-to-13-on-brent-crude-slump/
KUALA LUMPUR (March 15): Palm oil stretched losses over four days to 13%, retreating from record highs, as petroleum prices plunge and traders keep a close watch on whether top grower Indonesia issues more export permits. Futures for May delivery fell as much as 5.7% to RM5,996 a ton, before closing at RM6,128. Extended profit-taking following […]
By: via Malaysian Palm Oil Council Russia
To promote the market expansion of Malaysian palm oil and its products by enhancing the image of palm oil and creating better acceptance of palm oil through awareness of various technological and economic advantages (techno-economic advantages) and environmental sustainability. MPOC on Telegram https://t.me/oilpalm
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