KUALA LUMPUR: Malaysian palm oil futures rose for a fourth consecutive session on Thursday, hitting a one-week top on short-covering and expectations of higher demand ahead of Ramadan.
The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange was 0.2 percent higher at 2,445 ringgit ($624.04) a tonne at the close of trade, after three previous sessions of gains.
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