Palm rises for second session on stronger rival oils
JAKARTA: Malaysian palm oil futures rose on Thursday, extending gains to a second session after seven days of losing streak, supported by stronger rival oils. Palm rises after seven-session slide as Chicago soyoil recovers The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange gained 46 ringgit, or 1.23%, to 3,772 ringgit ($806.16) per metric ton in early trade.
![Palm rises for second session on stronger rival oils](https://i.brecorder.com/large/2023/09/1410510236d784c.jpg?r=105108#)
JAKARTA: Malaysian palm oil futures rose on Thursday, extending gains to a second session after seven days of losing streak, supported by stronger rival oils.
Palm rises after seven-session slide as Chicago soyoil recovers
The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange gained 46 ringgit, or 1.23%, to 3,772 ringgit ($806.16) per metric ton in early trade.