Crude Palm Oil (PO) Futures

3930.00 MYR
45.00[1.15%]
as of 2024-02-13
Q

What is crude palm oil?

A

Crude palm oil is an edible oil extracted from the pulp and kernel of oil palms, and is used in a number of food and beauty products, in addition to its use as a biofuel.

Q

How large are crude palm oil futures contracts?

A

Crude palm oil futures contracts generally include 25 metric tons of raw oil.

Q

Should businesses invest in palm oil futures?

A

Yes, businesses should invest in palm oil futures to control pricing, hedge against inflation and profit when possible.

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