Loading…
Crude palm oil prices fell 0.56% to 2,502 ringgit per tonne on the Malaysian exchange and are down 14.48% year to date. Analysts expect prices to decline through June, with a likely trading range of 2,400-2,700 ringgit.
A stronger ringgit, weaker crude oil after OPEC's extension, and expected US soybean expansion all point to softer palm oil prices despite Ramadan demand.
indonesia-investments.comIndonesia InvestmentsMay 31, 2017Not enough comparable past events yet for a historical read.
Not 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.
