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
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
