Palm Oil Hits Two-week Peak Lev­els

The Economic Times - - Commodities Plus -

Malaysian palm oil fu­tures rose for a third con­sec­u­tive day on Wed­nes­day, track­ing a rally in al­ter­na­tive veg­etable oils to reach a near two-week high. The palm oil con­tract for July de­liv­ery on the Bursa Malaysia De­riv­a­tives Ex­change rose 0.8% to set­tle at 2,709 ring­git a tonne.

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