Palm Oil Falls on Weaker Sentiment

Dow Jones
3小时前

1016 GMT - Palm oil fell during the Asian trading session. Prices were likely pressured by overnight weakness in rival soy oil, Kenanga Futures writes in a note. Data from cargo surveyor AmSpec Agri Malaysia estimated that Malaysia's palm oil exports during the Sept. 1-10 period fell 17% on month, indicating weaker demand. The Bursa Malaysia Derivatives contract for November delivery fell 81 ringgit to 4,885 ringgit a ton.

 

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