NEWS

Malaysian palm oil mixed, with benchmark contracts falling slightly

palm oil

On Monday, the Malaysian Derivatives Exchange (BMD) crude palm oil futures showed a trend of cowhide consolidation throughout the day. The close was mixed, and the benchmark contract fell slightly.

As of the close, crude palm oil futures ranged from a rise of 13 ringgits to a drop of 12 ringgits. The benchmark June 2021 crude palm oils futures closed approximately 1 ringgit lower to close at 3,715 ringgits per ton. The trading range is between 3666 ringgits and 3726 ringgits. .

Today, palm oils opened higher and lowered. The opening price was the highest price of the day, and the intraday drop reached 1.35%.

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BTMA News on April 20

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