Malaysian Palm Oil Futures Rise on Bargain Buying and Strong Exports
Malaysian palm oil futures rose Friday as bargain buying and strong export demand supported prices. Higher first-half October shipments put the market on track for a second consecutive weekly gain.
Malaysian palm oil futures rose on Friday, supported by bargain buying and strong export demand, after cargo surveyors reported higher shipments in the first half of October, putting the market on track for a second consecutive weekly gain.The benchmark palm oil contract (FCPOc3) for January delive…