MARKET DEVELOPMENT
Palm slips, market awaits key MPOB data
Palm slips, market awaits key MPOB data
Business Recorder (07/05/2025) - JAKARTA: Malaysian palm oil futures fell on Wednesday, continuing their decline for the seventh straight session, as the market looked for more cues from the Malaysian Palm Oil Board (MPOB) data next week.
The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange lost 28 ringgit, or 0.74%, to 3,764 ringgit ($888) a metric ton in early trade.
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