Palm gains on weaker ringgit, stronger crude oil prices

16 Jan, 2024

KUALA LUMPUR: Malaysian palm oil futures opened higher on Tuesday, buoyed by a weaker ringgit and gains in crude oil prices.

Palm oil slips on demand concerns in key importers

The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange rose 36 ringgit, or 0.95%, to 3,838 ringgit ($820.26) in early trade.

Read Comments