Overview of Malaysia's Palm Oil Spot Market
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Last Update: 2002-06-19
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Source: Internet
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Author: User
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Introduction: Dow Jones Kuala Lumpur June 17 news: Malaysia palm oil spot market prices closed higher on Monday Malaysia's palm oil stocks are expected to continue to tighten, supporting the spot market, as Chicago soybean oil rose on Friday and two shipping forecasts released on Monday showed that exports in the first half of June were significantly higher than the same period last month On Monday, crude palm oil for the June shipment was quoted at rm1495 per ton, an increase of RM25 for delivery to southern Malaysia The price of 33 degree refined palm oil in July, August and September is 405 US dollars per ton, up 5 US dollars, FOB Malaysia port price; the price of 24 degree refined palm oil in July / August / September is 412.50 US dollars per ton, up 7.50 US dollars, FOB price.
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