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Malaysian Palm Oil Futures Rise on Strength in Dalian Vegetable Oils

Malaysian palm oil futures rose, supported by strength in rival vegetable oils on China's Dalian Commodity Exchange. Market talk also pointed to a possible Malaysian government discussion of a crude palm oil export-tax waiver.

CPOZL

Malaysian palm oil futures rose on Tuesday, underpinned by strength in rival vegetable oils on China's Dalian Commodity Exchange and market talk that the Malaysian government is discussing a possible waiver of crude palm oil (CPO) export tax.The benchmark palm oil contract (FCPOc3) for January deli…