LONDON–Surveyor Societe Generale de Surveillance , Tuesday (10/2) explained, palm oil price in European vegetable oil market was cheaper on Tuesday for the decreasing export data.
The export of Malaysia’s palm oil products from 1 to 10 February also decreased 4,2% to be 307.122 tons from 320.714 tons in the same period in January. “Palm oil export is lower in the period,” a broker said.
Quoting from Business Recorder, CPO price in delivery April / June is $690 per ton or it decreases $10 from Monday. The RBD palm oil in April / June also decreases $650 or it decreases $12,50. (T3)
