M'sian palm oil ends at 2-week high on stronger US soyoil


  • Business
  • Wednesday, 22 Jan 2014

KUALA LUMPUR: Malaysian palm oil futures ended higher on Tuesday, as stronger soy markets helped palm recover from early losses, although gains were still capped by worries of lacklustre demand for the tropical oil.   

The US soyoil contract for March rose 1.5% in late Asian trade, lifting benchmark palm oil values to their fourth straight day of gains. 

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