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Malaysian palm oil futures rose about 2% on July 26 to 2,201 ringgit a tonne. Gains came from rival U.S. soyoil, a rebound from a near three-year low, and firmer export demand.
Malaysian palm exports for July 1 to 25 rose 5% from the same period a month earlier.
Stronger export demand at lower prices and firmer soyoil support palm prices, though the rebound remains small relative to the recent slide.
dawn.comReutersJul 27, 2018Not 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.
