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Malaysian palm oil futures rose for a second session, supported by a recovery in Dalian vegetable oils and crude oil. The benchmark November contract gained 0.89% to 3,759 ringgit per tonne after a seven-session losing streak.
Firmer energy and rival oil prices support palm through biofuel demand expectations, though the gain is modest.
brecorder.comReutersSep 14, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
