(Bloomberg) -- Palm oil futures on the Malaysia
Derivatives Exchange, which trades the benchmark contract, fell
for a second day on declining exports of the world's most
consumed vegetable oil.
Overseas shipments from Malaysia, which with Indonesia
produces almost 90 percent of global output, fell 15 percent in
the first 20 days of June to 661,626 metric tons compared with
last month, said Intertek Malaysia. The independent cargo
surveyor tracks bulk shipments through sea ports in the country.
Read more at Bloomberg Commodities News
Derivatives Exchange, which trades the benchmark contract, fell
for a second day on declining exports of the world's most
consumed vegetable oil.
Overseas shipments from Malaysia, which with Indonesia
produces almost 90 percent of global output, fell 15 percent in
the first 20 days of June to 661,626 metric tons compared with
last month, said Intertek Malaysia. The independent cargo
surveyor tracks bulk shipments through sea ports in the country.
Read more at Bloomberg Commodities News
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