Malaysian palm oil futures jump over 3% on India demand
Malaysian palm oil futures rose more than 3% after two sessions of losses, supported by stronger demand from India outweighing worries about rising stockpiles.
Malaysian palm oil futures rose more than 3% on Thursday, recovering after two consecutive sessions of declines, as firmer demand from India, the top buyer, offset concerns about rising stockpiles that traders had already priced in. The benchmark palm oil contract (FCPOc3) for December delivery on…