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Markets

Palm extends gains on stronger rival oils, crude

  • Palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange gained 21 ringgit, or 0.42%, to 4,999 ringgit
Published Updated
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KUALA LUMPUR: Malaysian palm oil futures extended gains for a third straight session on Tuesday, supported by stronger rival edible oils and crude oil prices.

The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange gained 21 ringgit, or 0.42%, to 4,999 ringgit ($1,235.85) a metric ton in early trade.

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