Palm oil closes at highest in four months tracking rival oils
JAKARTA: Malaysian palm oil futures closed at their highest level in more than four months on Monday, supported by strength in rival oils on the Dalian and Chicago exchanges. The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange gained 47 ringgit, or 1%, to settle at 4,724 ringgit ($1,155.58) a metric ton, its highest closing price since April 7. “Today’s…
We haven't written up this one. Business Recorder has the full story — the link below goes straight to it.
