KUALA LUMPUR (Bloomberg): Palm oil futures have been trading on Singapore’s Asia Pacific Exchange for just three months, but they’re already making their mark in a world long dominated by the benchmark contract in neighboring Malaysia.
The Chinese-backed bourse started trading crude palm oil futures on April 18. The product is dollar-denominated and physically deliverable to ports in West and East Malaysia, as well as Belawan and Dumai ports in Indonesia.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
