During one year, the price of palm oil decreased by more than 104 dollars per ton.
The price of palm oil in the global market has seen a significant decline on an annual basis.
According to media reports, the price of palm oil in the international market on the last day of 2022, December 31 was $887.93 per metric ton, which settled at 783.55 dollars metric ton at the end of the December 31, 2023. During one year, the price of palm oil decreased by more than 104 dollars per ton.
In the international market of palm oil, there was a decrease of $104.38, which is a decrease of 11.66%, however the price of edible oil and ghee made from palm oil in Pakistan was not reduced by this ratio.
On the other hand, the price of wheat decreased by Rs8.47 per kg, which is 9.89% reduction, but the people are not getting flour at a lower rate than this.
Why the US wants to protect Iran’s oil and gas
- 15 hours ago
Casio’s new $600 calculator is a work of art
- a day ago
PM Shehbaz holds call with Indonesia’s President, extends Eid greetings and discusses regional situation.
- an hour ago
Tesla’s Full Self-Driving is on the cusp of a recall
- a day ago
Waymo hits 170 million miles while avoiding serious mayhem
- a day ago
Senator Sherry Rehman’s daughter, Marvi Malik, has passed away; the President expresses grief.
- 8 hours ago
Indus Waters Treaty guarantees fair distribution of water; India’s suspension is condemnable:President
- 7 hours ago
PSL opening ceremony cancelled, matches to be Held without spectators:Mohsin Naqvi
- 4 hours ago
Sony’s WF-1000XM6 wireless earbuds are on sale for the first time
- 17 hours ago
Belkin’s wireless HDMI adapter freed me from a long annoying cable when I travel
- 8 hours ago
President, PM discuss overall regional situation, impacts
- 8 hours ago
These animals can cause big trouble. Why are states unleashing them by the millions?
- a day ago
