Palm reaches its lowest level in three years, before rebounding



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KUALA LUMPUR (July 25): Malaysia's palm oil futures prices fell to their lowest level in three years on Wednesday before reversing with the arrival of ### 39, a new request

It fell earlier to RM 2,140, ​​its lowest level since September 2015.

Transaction volume totaled 50,728 lots of 25 tonnes A tanker based in Kuala Lumpur said: "Soyoil has seen gains yesterday," referring to soybean futures from the Chicago Board of Trade US

. The United States announced Tuesday that it would provide up to $ 12 billion in aid to protect American farmers from the economic suffering caused by trade disputes with China.

% Tuesday, and was up 0.1%.

A rise in p The trader added that palm oil exports were favorable to the oil palm, added the trader, adding that Malaysian palm oil products exports from the 1st as of July 25 would increase by 5% over the previous year. The inspection company AmSpec Agri Malaysia said Wednesday

that the cargo investigation of the Société Générale de Surveillance registered a 5.6% increase for the same period

The Stock Exchange Dalian rose by 0.4%

Palm oil prices are generally affected by the performance of other edible oils because they compete for a share of the global vegetable oil market. Wang Tao, market analyst Reuters for raw materials and energy techniques, said that palm oil was mixed with palm oil because it failed to break a support at RM2,149 per tonne. price of crude oil at 1055 GMT

Contract Month Last To change Bottom Top Volume
MA PALMIER AUG8 2106 [19659018] +8,00 2090 2115 720
MY PALM OIL SEP8 2150 +8.00 2130 2165 3816 [19659030] MY PALM OIL OCT8 2164 +11.00 2140 2176 19969
CHINA OLEAN PALM SEP8 4672 +18.00 [19659024] 4664 4688 104880
SOYOIL CHINA SEP8 5508 +10.00 5498 5532 122720
SOY OIL OF COTTON DEC8 28,61 [19659024] +0.01 28.5 28.63 3383
PALM OIL OF INDIA JUL8 615.00 [19659018] -0.50 612.00 616.9 299
SOYOIL OF INDIA AUG8 740.2 -2.85 739 743.8 7940
NYMEX BRUTE SEP8 68.42 19659018] -0.10 68.33 [19659024] 68.93 90996

Malaysian Ringgit palm oil price per ton
CBOT soybean oil in US cents per pound
] Dalian soybean oil and palm olein RBD in Chinese yuan per ton
India soybean oil in Indian rupees per 10 kg
Crude in United States dollars per barrel

(1 $ = RM4.0530)
(US $ 1 = 68.7100 Indian rupees)
($ 1 = 6.7634 Chinese yuan)

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