Malaysian palm oil futures rise on El Niño production worries
Malaysian palm oil futures climbed Friday, with the FCPOc3 November benchmark gaining 27 ringgit (0.55%) to 4,931 ringgit and recording a weekly gain as El Niño production worries supported prices.
Malaysian palm oil futures climbed on Friday and logged a weekly gain, as worries over El Niño's potential impact on production supported prices.The benchmark palm oil contract (FCPOc3) for November delivery on the Bursa Malaysia Derivatives Exchange gained 27 ringgit, or 0.55%, to 4,931 ringgit…