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Malaysian palm oil futures edged higher Friday, supported by firmer rival Dalian soyoil prices. The FCPOc3 November benchmark gained 10 ringgit (0.2%) to 4,914 ringgit, on track for a small weekly gain.
Malaysian palm oil futures rose Thursday, supported by firmer Dalian palm olein but limited by sluggish export demand and softer Chicago soyoil. November benchmark FCPOc3 gained 24 ringgit, or 0.48%, to 4,982 r…
Malaysian palm oil futures extend gains near MYR 4,900 per tonne, reaching their highest level since early April, with support from firmer edible oils and crude oil prices.
Malaysian palm oil futures extend gains around MYR 4,725 per tonne and are set for a second straight weekly advance, with export shipment estimates and stronger India import demand cited as support.