Palm oil prices soar in Malaysia on Monday
The September palm oil contract on the Malaysian Derivatives Exchange (MDEX) soared in Monday’s session (19) to 22.00 points and 2.52%, quoted at US$ 895.50/ton. The October contract advanced 21.50 points and 2.54%, traded at US$ 868.00/t. Supporting prices, traders adjusted their positions. This had […]
Soybean meal demand rises in Chicago
Soybean prices have intensified their rises and are trading with double-digit gains on the Chicago Stock Exchange this Monday afternoon (19). At 2 pm (Brasília), prices were up 14-14.75 points; September: US$ 9.53 and November: US$ 9.71 per bushel. The soybean grain market is following the lead of bran futures, which soared and […]