Futures for October delivery soared 5.1% to close at RM4,076 a tonne in Kuala Lumpur.
KUALA LUMPUR: Palm oil jumped to the strongest in over a week following a surge in soybean oil after the US senate passed a bill that supports biofuel production and on signs of a recovery in demand in China, the No 2 importer.
Futures for October delivery soared 5.1% to close at RM4,076 a tonne in Kuala Lumpur.
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