The benchmark palm oil contract for August 2020 rose to RM2,754 per tonne -- the highest since Feb 18,2020.
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives rallied today to close at the highest level in more than five months, tracking the robust rise in soybean oil and palm olein prices on the Dalian Exchange.
The benchmark palm oil contract for August 2020 rose to RM2,754 per tonne -- the highest since Feb 18,2020.
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