The truth behind palm oil rebound! How can bad weather and competitive oil prices trigger a shocking reversal of the market？
Huitong Finance APP News-On September 18, 2024, Beijing time, the Malaysian palm oil futures market experienced a significant rising day. Palm oil contract for benchmark December delivery rose 3% to 3,848 ringgit (US$ 907.12) per ton on the Malaysian Derivatives Exchange (BMD), the highest one-day increase since July 24, 2023. The increase was mainly driven by the strong oil prices of short covering and its competitors.
2026 年 4 月