Markets
Palm advances, spurred by stronger rival oils, crude oil
- The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange gained 39 ringgit, or 0.95%, to 4,129 ringgit
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KUALA LUMPUR: Malaysian palm oil futures opened higher on Tuesday for a second straight session, tracking moves in rival vegetable oils and crude oil prices.
The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange gained 39 ringgit, or 0.95%, to 4,129 ringgit ($1,018.75) a metric ton in early trade.
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