Malaysian palm oil futures rise over 3% on India demand
Malaysian palm oil futures climbed more than 3%, recovering from two straight sessions of losses, as robust demand from India outweighed concerns over rising stockpiles.
Malaysian palm oil futures rose more than 3% on Thursday, recovering after two straight sessions of losses, as strong demand from top buyer India outweighed concerns about rising stockpiles, which the market had already priced in. The benchmark palm oil contract (FCPOc3) for December delivery on th…