Palm rises for third session on stronger rival oils

JAKARTA: Malaysian palm oil futures rose on Tuesday for a third straight session, tracking strength in rival oils, although a stronger Malaysian ringgit limited the gains.

Palm oil ends higher on rival oils’ movement

The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange gained 27 ringgit or 0.73%, to 3,746 ringgit ($803.52) per metric ton in early trade.