Malaysian Palm Oil Futures Rise as Crude and Dalian Soyoil Strengthen
Malaysian palm oil futures opened higher after two consecutive sessions of declines, supported by stronger crude oil prices and firmer Dalian soyoil. Weaker palm olein and Chicago soyoil capped gains.
Malaysian palm oil futures opened higher on Wednesday after falling for two straight sessions, as stronger crude oil prices and firmer Dalian soyoil supported the market, though weaker palm olein and Chicago soyoil capped the gains.The benchmark palm oil contract (FCPOc3) for January delivery on th…