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Malaysian palm oil futures opened lower on Wednesday, down 0.4% at 3,690 ringgit a metric ton, after falling 6.06% in September. Weak demand from major overseas buyers and the Dalian closure for holidays weighed on early trade.
Soft export demand from key importers keeps palm supplies heavy and pressures prices lower in the short term.
brecorder.comReutersOct 4, 2023Not 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.
