Overview of Malaysia's Palm Oil Spot Market
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Last Update: 2002-06-01
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Source: Internet
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Author: User
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Introduction: Dow Jones Kuala Lumpur May 30 news: on Thursday, the spot market fell with Chicago soybean oil and Malaysian crude palm oil futures Recently, the market has increased dramatically, and buyers are very careful The futures market may need to adjust It is not clear whether the adjustment is over Before the price trend is clear, most buyers leave the market to wait and see On Thursday, crude palm oil futures for June delivery were quoted at rm1395 per ton, while South Malaysia delivery fell by RM5, with no trading reported In June, the price of 33 degree refined palm oil was US $382.5 per ton, the FOB price of Malaysia port was US $5 lower, the price of 24 degree refined palm oil was US $390 per ton, the FOB price was US $5 lower.
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