Global Price of Palm Oil Crashed by 12.9% to$623 per tonne in 2018

Proshare

Wednesday, September 26, 2018 / 11:22 AM / FDC Research

 

Global price of palm oil has crashed by 12.9% to $623 per tonne in 2018. Similarly, the domestic price fell from N25,000 to N10,000 per 25litre . 

 

Nigerian palm oil production has been at 1.5% of global output. The major domestic palm oil producers have seen their profitability and share prices fall recently.

 

The attached document contains a snapshot of the global and domestic developments in the commodities market this week.   


Proshare Nigeria Pvt. Ltd.

 


 Proshare Nigeria Pvt. Ltd.

 

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