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PALM OIL ROSE ON HIGHER RIVAL OILS - vyaparsampark.com
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Malaysian Palm oil May delivery rose by RM 27 or 0.70% to RM 3890 ($ 814.49) per ton in early trade today 27/2/2024 due to gains in rival edible oils. Palm oil rose by RM 15 or 0.39% to RM 3868 ($ 810.05) per ton at yesterday closing. Indonesia’s palm oil exports during 2023 dropped by 2.7% to 32.2 million tons from 33.1 million tons in 2022, according to Indonesia Palm oil Association (GAPRI).