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Palm drops nearly 7% on Indonesian exports, weak soyoil prices | Hellenic Shipping News Worldwide

Malaysian palm oil futures fell nearly 7% on Monday, declining for a fourth straight session to hit their lowest since Jan. 17, as a resumption of Indonesian exports and cheaper soyoil weighed on the market. The benchmark palm oil contract FCPOc3 for September delivery on the Bursa Malaysia Derivatives Exchange lost 374 ringgit or 6.86%, . ....

Wang Tao , Anilkumar Bagani , Subhranshu Sahu , Bernadette Christina , Bursa Malaysia Derivatives Exchange , Intertek Testing Services , Chicago Board Of Trade , Sunvin Group , Domestic Market Obligation , Chicago Board ,

Palm oil sinks further into bear market as more losses expected

(June 20): Palm oil fell deeper into bear market territory on concern that surging Indonesian exports will challenge cargoes from Malaysia, with the most active contract sliding below RM5,000 for the first time since January. ....

Gnanasekar Thiagarajan , Avtar Sandu , Phillip Nova , European Union , Intertek Testing Services , Dalian Commodity Exchange , Intertek Testing , Bursa Malaysia Derivatives ,