Palm oil rallies above RM3,900 a tonne, highest since March 2008


KUALA LUMPUR (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives rallied above RM3,900, the highest in 13 years since March 3, 2008 as the Malaysian Palm Oil Board (MPOB) reported lower-than-expected stock levels in the country.

The all-time high price for CPO futures was RM4,330, registered in March 2008.

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palm oil , CPO , futures , Bursa Derivatives

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