KUALA LUMPUR (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives rallied to its highest in more than 10 years on strong market sentiment and tracking the uptrend in the soybean market.
Palm oil trader David Ng said strong sentiment in the crude oil market coupled with the surge in the Chicago soybean oil market led to gains in the palm oil market.
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!
