(Bloomberg) -- Palm oil futures in Malaysia advanced
for a third day, surpassing yesterday's record, on signs demand
from China and India, the biggest consumers of the vegetable oil,
remain strong.
Palm oil for August delivery, the most actively traded
contract on the Malaysia Derivatives Exchange, rose as much as
2.3 percent to 2,764 ringgit ($809) a metric ton, an intra-day
record, and traded at 2,743 ringgit at 11:58 a.m. local time.
Read more at Bloomberg Commodities News
for a third day, surpassing yesterday's record, on signs demand
from China and India, the biggest consumers of the vegetable oil,
remain strong.
Palm oil for August delivery, the most actively traded
contract on the Malaysia Derivatives Exchange, rose as much as
2.3 percent to 2,764 ringgit ($809) a metric ton, an intra-day
record, and traded at 2,743 ringgit at 11:58 a.m. local time.
Read more at Bloomberg Commodities News
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