
Malaysian palm oil futures dipped to 4,551 ringgit a metric ton in early Tuesday trade, weighed by weaker rival oils, softer crude and a firmer ringgit. The contract remained on track for a monthly gain after two months of declines.
Weaker soyoil and crude reduce palm's biodiesel appeal, while Indian monsoon delays could later tighten soybean oil supply and support prices.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.