Crude palm oil being unloaded from tankers
KUALA LUMPUR: Malaysian palm oil futures rose to their highest in two weeks on Monday in a fourth consecutive session of gains, tracking other edible oils and on forecasts of lower end-stocks in Indonesia.
The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange gained 0.2 percent to 2,488 ringgit ($581.85) a tonne at the close of trade. It earlier hit 2,515 ringgit, its highest since June 5.
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