Palm Oil Holds Above MYR 4,700 Despite Record Stocks
Malaysian palm oil futures stayed firm above MYR?4,700 per tonne, extending their upside momentum as strength in China’s Dalian edible oils and higher crude prices boosted palm’s competitiveness in biodiesel. Export signals were also upbeat, with cargo surveyors estimating October?1—10 exports jumped 33.5%—37.7% from t