Malaysian Palm Oil Futures Rise 0.55% to 4,793 Ringgit
The January palm oil futures contract rose 26 ringgit, or 0.55%, to 4,793 ringgit on the Bursa Malaysia Derivatives Exchange, supported by stronger soyoil and crude oil prices.
Malaysian palm oil futures advanced on Thursday, supported by higher soyoil prices on the Dalian and Chicago exchanges and stronger crude oil prices. The benchmark January palm oil contract (FCPOc3) on Bursa Malaysia Derivatives Exchange rose 26 ringgit, or 0.55%, to 4,793 ringgit ($1…