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Palm rises on stronger rival oils, crude oil, soft ringgit

  • Palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange gained 32 ringgit, or 0.71%, to 4,570 ringgit
Published June 11, 2026 Updated June 11, 2026 10:27am
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Photo: Reuters
Photo: Reuters
By Reuters
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KUALA LUMPUR: Malaysian palm oil futures climbed for a second straight session on Thursday, buoyed by stronger rival edible oils, crude oil prices and a softer ringgit.

The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange gained 32 ringgit, or 0.71%, to 4,570 ringgit ($1,123) a metric ton in early trade.

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