Palm oil prices rose by 4.7% amid a 4% rise in oil prices
Against the backdrop of attacks by Ukrainian UAVs on Russian refineries and forecasts of a reduction in oil supplies in 2024, Brent crude oil futures last week rose by 4% to $85.4/barrel (+3.2% for the month), which supported the ‘yuchers for palm oil in Malaysia. May palm oil futures on the Malaysian Bursa exchange rose…
