Weaker Ringgit Supportive of Palm Oil Prices

David Ng, Senior Derivatives Product Specialist, Phillip Futures

10-Jul-17 09:15

Weaker Ringgit Supportive of Palm Oil Prices

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Malaysia's exports of palm oil and palm oil-based products recorded an increase of 26.8% year-on-year in May, and a 12.3% gain compared to April. David provides his outlook, ahead of June's industry data announcement by the Malaysia Palm Oil Board on July 10.

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Tags: palm oil, CPO, China, Europe, EU, France, exports, soybean, rapeseed, biodiesel, ringgit, MPOB

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