Malaysian palm oil futures rise over 3% on India demand
Malaysian palm oil futures climbed more than 3%, recovering from two straight sessions of losses, as robust demand from India outweighed concerns over rising stockpiles.
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Palm oil futures hover near 20-week high
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.