Palm snaps three-session losing run on strong rival vegetable oils
Malaysian palm oil futures rose on Thursday, after hitting their lowest close since October 1 in the previous session, supported by strength in rival vegetable oils and a weaker ringgit.
The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange gained 25 ringgit, or 0.62%, to 4,040 ringgit ($915.89) a metric ton by 0232 GMT.
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