MPOB PALM OIL PRICES (RM/MT) : MAR 9

HUSSIN SULAIMAN
 MPOB PALM OIL PRICES – MARCH 9, 2020 (RM/MT)
  MAR APR MAY
  CPO DELD                 2,229.50 NT NT
  PK EX-MILL NT NT NT
  CPKO DELD                2,604.00 NT NT
  RBD P. OIL (FOB) NT NT NT
  RBD P. OLEIN (FOB) NT NT NT
  RBD P. STEARIN (FOB)       NT NT NT
 Note : Preliminary. NT – No Transaction
 Actual In Homepage

LOCAL MALAYSIA CPO PRICE TRADED EASIER DUE TO WEAKER BRENT CRUDE OIL AND SOYABEAN OIL PRICES IN THE WORLD MARKET. BRENT CRUDE OIL PRICES FELL ABOUT 25% AFTER SAUDI ARABIA STARTED A PRICE WAR WITH RUSSIA BY SLASHING ITS SELLING PRICES FROM FALLING DEMAND BECAUSE OF THE COVID-19. CPO DELIVERY PRICES TRADED BETWEEN RM2,140/TONNE AND RM2,250/TONNE.

 

-- BERNAMA