JAKARTA: Malaysian palm oil futures rose on Monday, tracking stronger rival oils at the Dalian and Chicago markets, while traders await the Malaysian Palm Oil Board’s supply and demand data expected later in the day. The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange gained ringgit, or 0.32%, to 4,692 ringgit ($1,148.31) a metric ton in early trade.
CANBERRA: Chicago wheat futures rose on Monday, supported by concerns about the impact on supply of Russian and Ukrainian attacks on each other’s export operations.
Asian trading desks opened Monday to a quiet tape while United States participants enjoyed their weekend. Bitcoin spent this lull moving sideways near US$64,800.
