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Malaysian palm oil futures fell 0.7% on Monday to their lowest close in nearly eight weeks. The December contract settled at 2,134 ringgit per tonne, with weaker Chinese soyoil prices dragging the market lower.
Lower soyoil prices in China pulled palm oil down, which eases vegetable oil costs for feed buyers in the near term.
thestar.com.myThe Star OnlineSep 30, 2019Not 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.
