KUALA LUMPUR: Malaysian palm oil futures rose over 1 percent in early trade on Tuesday, hitting their highest in nearly three weeks, amid slowing production gains.
The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange gained 1.2 percent to 2,186 ringgit ($532.00) a tonne by the midday break. It earlier rose as much as 1.4 percent to 2,190 ringgit, its highest since Dec. 20.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
