Malaysian palm oil futures firmed on Thursday after a sharp fall in the previous session, with supply worries also providing support, although concerns of weakening demand capped gains. The benchmark palm oil contract FCPOc3 for November delivery on the Bursa Derivatives Exchange gained 39 ringgit, or 0.91%, to 4,340 ringgit ($1,024.07) a tonne during early …
The post Palm oil gains on bargain-hunting, supply worries first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John
https://www.hellenicshippingnews.com/palm-oil-gains-on-bargain-hunting-supply-worries/