Malaysian palm oil prices have been choppy this week, trading between $935 per tonne and $947.50 per tonne FOB Malaysian ports, for bulk product November delivery. Pricing dipped to $935 per tonne on Wednesday August 28, with the prospect of India raising import tariffs weighing on the market. But pricing rebounded on Thursday August 29, settling at $945 per tonne following Indonesian Palm Oil Association estimates indicating palm oil output would fall.
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12.24.2024
Animal fats, oils markets quiet amid Christmas holiday
The US animal fats and oils markets remained steady on Tuesday December 24, amid limited trading due to the Christmas holidays.
Market sources expected activity to remain subdued...
12.24.2024
US November broiler, turkey slaughter down year on year
US animal protein prices were steady on Tuesday December 24, with limited volumes reported to have been traded. With the proximity of the end-of-year holidays, most market participants are...
12.24.2024
US weekly soybean, wheat export inspections rise, corn falls
Weekly export inspections
Export inspections of US grains showed a decline for corn but an increase for soybean and wheat in the week to December 19, according to data...