Palm rises on strength in rival oils

27 Feb, 2024

JAKARTA: Malaysian palm oil futures rose on Monday, tracking gains in rival oils in Chicago and Dalian markets.

Palm oil ends higher despite weak export data

The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange rose 27 ringgit, or 0.70%, to 3,890 ringgit ($814.49) per metric ton in early trading.

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