palm oil fruits workers
SINGAPORE: Malaysian palm oil recovered losses and jumped to a more than eight month-high on Tuesday, aided by a weaker ringgit, gains in U.S. soyoil and positive consumption outlook from Malaysia and Indonesia's biofuels push.
The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange closed to rise 1.4% to 2,317 ringgit ($553.38) per tonne, the highest since Feb. 7.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!
