Malaysian palm oil price soars to 6-month high tracking buoyant Dalian futures


The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange was up 0.3% at 2,269 ringgit ($541.53) per tonne at the close, its highest since six months ago.

KUALA LUMPUR: Malaysian palm oil futures rose on Monday, posting a fifth straight session of gains, as they tracked a rally in rival oils on the Dalian Commodity Exchange.

The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange was up 0.3% at 2,269 ringgit ($541.53) per tonne at the close, its highest since six months ago.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
palm oil , price , futures , bursa , derivatives , US , China , trade , commodities , soyoil , Dalian ,

Next In Business News

Tycoon Syed Mokhtar said to mull property company IPO
Trump warns of major war escalation if Iran peace process fails
Standard Chartered Malaysia reaffirms support for clients amid uncertainty
Asian airlines trim flights as fuel supplies tighten
Bursa Malaysia lower at midday as Middle East negotiations stall
World Bank raises Malaysia's 2026 growth forecast to 4.4% on strong domestic demand
ACE Market hopeful Inspace Creation in underwriting deal with TA Securities
Asian stocks in sober mood as oil rises on Middle East truce doubts
Amanah Hartanah Bumiputera declares 2.5 sen interim income distribution
High jet fuel prices likely to spark structural shakeout in airline industry - aviation experts

Others Also Read