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Malaysian palm oil futures fell from a six-month high on Tuesday, with the November contract on Bursa Malaysia closing down 1.3% at 2,239 ringgit per tonne after five days of gains. The decline tracked weaker related oils on the Chicago Board of Trade and Dalian Commodity Exchange.
Palm oil moved lower in line with soyoil and other vegetable oils, a routine price move that signals no new supply or demand shock for animal-feed buyers.
thestar.com.myEmily ChowAug 27, 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.
