OILS & FATS
Palm oil falls 1.6% on Chinese demand concerns
Palm oil falls 1.6% on Chinese demand concerns
08/11/2022 (Business Recorder), Singapore - Malaysian palm oil futures slid more than 1% on Tuesday, falling for the first time in three sessions, on concerns over tepid demand in key consumer China amid COVID-19 restrictions.
Palm jumps 1.7pc
The benchmark palm oil contract on the Bursa Malaysia Derivatives Exchange slid 72 ringgit, or 1.6%, to 4,361 ringgit ($920.24) a tonne in early trade.
https://www.brecorder.com/news/40207685/palm-oil-falls-16-on-chinese-demand-concerns