Palm oil up

Published May 30, 2019

KUALA LUMPUR: Malaysian palm oil futures rose over 2 per cent in evening trade on Wednesday, tracking gains in US soyoil on the Chicago Board of Trade and supported by a weaker ringgit.

The benchmark palm oil contract for August delivery on the Bursa Mal­a­y­sia Derivatives Exchange was last up 1.8pc at 2,104 ringgit ($501.91) per tonne.

Published in Dawn, May 30th, 2019

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