Palm oil edges up ahead of full month output estimates

30 Nov, 2023

KUALA LUMPUR: Malaysian palm oil futures ticked up on Thursday in cautious trading ahead of full month output estimates.

Palm oil imports keep coming

The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange rose 26 ringgit, or 0.67%, to 3,898 ringgit ($838.28) during early trade, up from its lowest closing level since Nov. 10 hit on Wednesday.

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