Malaysian palm oil price soars to 6-month high tracking buoyant Dalian futures


The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange was up 0.3% at 2,269 ringgit ($541.53) per tonne at the close, its highest since six months ago.

KUALA LUMPUR: Malaysian palm oil futures rose on Monday, posting a fifth straight session of gains, as they tracked a rally in rival oils on the Dalian Commodity Exchange.

The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange was up 0.3% at 2,269 ringgit ($541.53) per tonne at the close, its highest since six months ago.

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palm oil , price , futures , bursa , derivatives , US , China , trade , commodities , soyoil , Dalian ,

   

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