JAKARTA: Malaysian palm oil futures rose on Thursday, extending gains to a second session after seven days of losing streak, supported by stronger rival oils.

Palm rises after seven-session slide as Chicago soyoil recovers

The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange gained 46 ringgit, or 1.23%, to 3,772 ringgit ($806.16) per metric ton in early trade.

Comments

Comments are closed.