Biodiesel Production Line The road appears kuala lumpur on May 31 – changeover of Zhou Er of futures of Malaysia palm oil earlier drop situation close tall, because equestrian money goes weak and Malaysia government announces to go up quantity of requisition of derv of shift living things.
Palm oil is used at the group share of biology derv, the consumption that increases biology derv to make dosage will raise palm oil is carried brace up its price.
Palm oil futures will close in August tall 0.8% reach every tons 2, 620 horses money (635 dollars) .
Clinch a deal the quantity is 39, 800, day all clinched a deal 2015 the quantity is 44, 600.
“ market goes weak to mix in equestrian money of biology derv new rule drive next rising, ” kuala lumpur trades business says. Malaysia government week 2 announce, the volume of biology derv requisition of traffic and industrial department will rise to respectively 10% with 7% .
Equestrian money goes weak in dusk period of time, also prop up palm oil. Dollar of equestrian money exchange ever fell to for a time of 4.135 since March 16 lowest, dish close eventually drop 0.2% .
According to the data of orgnaization of freight test and verify, palm oil of months of whole in May Malaysia is exported relatively will grow 11-15% in April, reach about 1.2 million tons.
Chicago futures exchange (agreement of CBOT)7 month soya-bean oil rises 0.2% , chinese Dalian Commodity Exchange soya-bean oil agreement will drop in September 0.9% . (Be over)