Malaysian Palm Oil Futures Gain 0.52% for Third Weekly Rise
The benchmark January palm oil contract rose 25 ringgit, or 0.52%, to 4,817 ringgit, posting a third straight weekly gain.
Malaysian palm oil futures closed higher on Friday, supported by gains in Dalian soyoil and firmer crude oil prices, while posting a third straight weekly gain.The benchmark January palm oil contract on the Bursa Malaysia Derivatives Exchange rose 25 ringgit, or 0.52%, to 4,817 ringgit ($1,179.77…