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metric ton

  • n  a unit of weight equivalent to 1000 kilograms
News & Articles

  • Palm Oil Drops to One-Month Low on Rising Soybean Oil Supplies
    The contract for September delivery lost as much as 1.4 percent to 2,347 ringgit ($737) a metric ton on the Bursa Malaysia Derivatives, the lowest price for the most-active futures since May 23, and ended the morning session at 2,348 ringgit.
    June 27, 2013 - Bloomberg
  • Palm Reserves Rising Most Since 1999 After Oil Rout: Commodities
    Stockpiles of the most-used cooking oil are poised to jump 21 percent to a record 9.5 million metric tons in 2013-2014, U.S. Department of Agriculture data show. Demand will advance 4.4 percent, the least in 12 years.
    June 25, 2013 - Bloomberg
  • Platts Report: China Oil Demand Rose 1.9% in May Versus a Year Ago
    SINGAPORE, June 25, 2013 /PRNewswire/ -- China's apparent oil demand* in May rose by 1.9% to an average 9.53 million barrels per day (b/d) or 40.31 million metric tons (mt), a just-released Platts analysis ...
    June 25, 2013 - PR Newswire via Yahoo! Finance

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