by Ramki | Mar 21, 2022 | Palm Oil
In the short period of just four months from July, Malaysian Palm Oil futures had rallied from 2,270 to 3,542 ringgit, or almost 56%. Global demand has been larger than supply for the first time in eight years, and China, the biggest user of commodities, has seen its...
by Ramki | Mar 21, 2022 | Palm Oil
Palm Oil was trading at 3,265 on 29th November when I suggested that we will move to 3,565 as a fifth wave. That target for the benchmark February futures contract for Palm oil on the Malaysian Derivatives Exchange has been reached and today we saw prices reach a high...
