The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange rose 0.7% to 2,338 ringgit ($559.06) per tonne at 0233 GMT. Dalian's January palm oil contract was down 0.2% on Thursday, while the January soyoil contract was 0.5% lower.
SINGAPORE: Malaysian palm oil futures rose for a third consecutive session on Thursday on expectations for higher biofuel demand, though a stronger ringgit and cheaper rival oils capped gains.
The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange rose 0.7% to 2,338 ringgit ($559.06) per tonne at 0233 GMT.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
