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Palmoil futures surge on seasonal March Malaysian export boost, up ~30% vs. Feb. Also +16% rise in March production is from a low base in Feb. Lower R

(Apr 08, 2024)
Palmoil futures surge on seasonal March Malaysian export boost, up ~30% vs. Feb. Also +16% rise in March production is from a low base in Feb. Lower Ringgit vs USD is supportive. Veg oils recovery continues.
Maurizio “Moe” Agostino
Moe is the Chief Commodity Strategist. He is responsible for developing plans and assisting clients in the feed, grain and livestock industry to help them protect themselves from commodity price swings. Moe holds a Derivatives Market Specialist (DMS) designation as well as an Honors Degree in Business Administration. Moe has more than 15 years of financial services industry experience.
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