Home News Malaysia

Malaysia's palm oil futures dominance challenged by upstart

Bloomberg
Bloomberg7/17/2019 07:32 AM GMT+08  • 3 min read
Malaysia's palm oil futures dominance challenged by upstart
 
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

(July 16): 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. The trading hours include a night session, and are longer than those on the Bursa Malaysia Derivatives and the Dalian Commodity Exchange.

×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.