Malaysian Palm Oil Futures Open Higher, Remain on Track for Weekly Drop
Malaysian palm oil futures opened higher on stronger rival edible oils and crude oil, but remained on track for their first weekly loss in four weeks.
Malaysian palm oil futures opened higher on Friday, supported by stronger rival edible oils and crude oil, though the contract remained on track for its first weekly loss in four weeks.The benchmark palm oil contract (FCPOc3) for January delivery on the Bursa Malaysia Derivatives Exchange gained 26…