Palm oil futures, which surged to a two-year high last week, are up almost 35% from their lowest level in four years in July. Prices are generally supported by lower reserves, weaker output and biodiesel demand
NEW DELHI: Palm oil futures advanced to trade near a two-year high, with firmer petroleum prices and a rise in rival soybean oil supporting the market.
CPO for third month delivery rose to a high of RM2,636 per tonne on Monday.
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