Palm oil gains on Dalian strength, production worries
Malaysian palm oil futures rose for a fifth consecutive session on Tuesday, underpinned by concerns about weak production and tracking gains in the Dalian market.
The benchmark palm oil contract FCPOc3 for September delivery on the Bursa Malaysia Derivatives Exchange gained 56 ringgit, or 1.41%, to 4,035 ringgit ($855.42) a metric ton in early trade.
Tags: Malaysia, palm oil, futures, benchmark contract
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