Palm oil tracks rivals higher; rising stock outlook weighs

Capt. John

Malaysian palm oil futures ticked up for a third straight session on Monday, tracking rival Dalian oils, although expectations of a jump in stockpile and production capped gains. The benchmark palm oil contract FCPOc3 for November delivery on the Bursa Malaysia Derivatives Exchange rose 23 ringgit, or 0.53%, to 4,333 ringgit ($1,045.86) a tonne by …

The post Palm oil tracks rivals higher; rising stock outlook weighs first appeared on Hellenic Shipping News Worldwide.

Author: Capt. John

https://www.hellenicshippingnews.com/palm-oil-tracks-rivals-higher-rising-stock-outlook-weighs/

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