KUALA LUMPUR: Malaysian palm oil futures rose to their highest in more than four months on Tuesday, extending a streak of gains, as data on July stockpiles came in lower than forecast.
The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange was up 1.5% at 2, 212 ringgit ($527.17) per tonne at the close of trade, its sixth straight days of gains.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!