International animal proteins, September 5, 2024
Prices in the international animal proteins market were mostly flat in the week to Thursday September 5. The only...
US cash palm oil prices were slightly higher on Thursday September 5, tracking a late-day rally in benchmark Malaysian palm oil futures.
Fastmarkets assessed the price of palm oil, RBD, fob US Gulf, at 53.50-53.75 cents per lb on Thursday, up from a range of 53.00-53.50 cents per lb the day before.
Palm oil futures on the Bursa Malaysia Exchange shook off early losses on Thursday to end the session higher, on expectations for stronger exports and strength in outside markets.