Malaysian Palm Oil Futures Open Higher on Firmer Olein
Malaysian palm oil futures opened higher after falling in the previous session, supported by firmer Dalian palm olein. Weaker soyoil and crude oil prices capped gains.
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Palm oil futures rangebound as Dalian soyoil gains, crude falls
Malaysian palm oil futures traded in a tight range on Monday, with gains in Dalian soyoil countered by declines in palm olein and crude oil prices. The benchmark December palm oil contract on the Bursa Malaysia Derivatives Exchange edged up 0.31% to 4,913 ringgit ($1,205.64) per metric ton in early trade after falling