Loading…
Malaysian palm oil futures recovered late in the session, tracking stronger soyoil prices after touching a near four-month low earlier. The May contract ended 0.6 percent higher at 2,770 ringgit per tonne.
Soyoil strength provided a short-term rebound in palm, but the contract remains near multi-month lows. Price direction stays tied to soyoil and Malaysian supply expectations.
thestar.com.myThe Star OnlineFeb 28, 2017Not 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.
