Palm oil futures hit four-month low on increased output
market hours1 source ↓written by the desknot a recommendation
- per metric ton
- ₹4,133
Malaysian palm oil futures fell to ₹4,133 per metric ton, a nearly four-month low, as production surged to a seven-year high, outpacing export demand. This decline was influenced by weaker rival oils on the Dalian exchange. Increased inventories may pressure prices further in the near term.
Not investment advice. For informational purposes only.