3lbbass| BMD horse palm oil main contract: 3893 ringgit/ton, an increase of 0.65%

2024-05-14

News summary

Newsletter text

[Horse palm oil closing at night] 233lbbass:30 Beijing time, BMD Malaysia's main contract for palm oil closed up 0.65%, with a price of 3893 ringgit/ton.

3lbbass| BMD horse palm oil main contract: 3893 ringgit/ton, an increase of 0.65%

This wave of increase reflects market demand for palm oil3lbbassOptimistic expectations also imply positive signals for price movements. As the world's major producer of palm oil, Malaysia's price fluctuations have an important impact on the global market.

In addition, the rise in palm oil prices is also closely related to the overall trend of the global oil market. Investors should pay close attention to market dynamics to make informed investment decisions.

It is worth noting that despite the slight increase in prices in this round, there is still uncertainty in the market. Investors need to pay attention to future price fluctuations and potential factors that may affect price movements.

Finally, investors are advised to remain cautious and analyze market information to make rational decisions. At the same time, it is necessary to pay close attention to the subsequent closing of BMD Malaysia's main palm oil contract.