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Malaysian palm oil futures rose about 1% on July 23 to a one-month high of 2,004 ringgit per tonne, recovering from earlier losses. The gain followed firmer related oils and a Malaysian July production increase smaller than expected.
Tighter-than-expected Malaysian output and stronger soyoil support palm prices, though the move is a modest rebound within a weak trend.
thestar.com.myThe Star OnlineJul 23, 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.
