Malaysian palm oil price hits near 5-month high on lower production outlook
KUALA LUMPUR: Malaysian palm oil futures hit their highest in nearly five months on Thursday on expectations of falling production. The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange was up 0.6 percent at 2,297 ringgit ($554.94) a tonne at the close of trade, its fifth straight session of gains. It earlier hit 2,298 ringgit, […]
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