KUALA LUMPUR: Malaysian palm oil futures hit a fresh 10-week high on Wednesday during the second half of trade, boosted by lingering concerns that dry weather in Indonesia could impact output.
The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange earlier rose as high as 2, 109 ringgit ($503.82) per tonne, their highest since May 29, but pared some gains and ended the day flat at 2, 102 ringgit.
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