Palm oil rises on stronger crude, weaker rival oils cap gains
Benchmark December palm oil futures rose 1 ringgit to 4,673 ringgit a ton at midday in Kuala Lumpur.
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Palm oil rises on strong crude oil, weaker rivals cap gains
By Bernadette ChristinaMalaysian palm oil futures slightly increased on Monday, supported by stronger crude oil prices and a softer ringgit, while weaker rival vegetable oils on Chicago and Dalian exchanges limited gains.The benchmark palm oil contract (FCPOc3) for December delivery on the Bursa Ma…