Palm rebounds on stronger rival oils, crude oil prices
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[email protected] (Reuters)
8h agoen
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Business RecorderPalm rebounds on stronger rival oils, crude oil pricesbrecorder.comKUALA LUMPUR: Malaysian palm oil futures rose on Wednesday, after the previous session’s slight decline, supported by stronger rival edible oils and crude oil prices. The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange gained 30 ringgit, or 0.66%, to 4,577 ringgit ($1,123.19) a metric ton in early trade. The contract slipped 0.07% in the previous session.
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