MDEX: Spot palm oil closes slightly higher
The April palm oil contract closed Tuesday’s session (11) up slightly by 4.75 points and 0.45% on the Malaysian Derivatives Exchange (MDEX), quoted at US$ 1,049.00/ton. On the other hand, the May contract fell by 1.75 points and 0.17%, to US$ 1,016.00/t. In this session, the drop in Malaysian stocks and the increase […]
India's oil imports hit 4-year low
India’s edible oil imports fell to their lowest level in four years in February, driven mainly by declines in purchases of soybean and sunflower oil. As a result, stockpiles hit a three-year low, a leading industry body said on Tuesday. In addition, […]
