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Malaysia's crude palm oil rallies to record high of 4,704 RGT/T
calendar07-05-2021 | linkwww.todayonline.com | Share This Post:

06.05.2021 (www.todayonline.com) - KUALA LUMPUR, May 6 - Malaysia's crude palm oil contract for May delivery jumped to record high of 4,704 ringgit ($1,140.92) a tonne on Thursday, as a squeeze in global edible oils supplies spurred a rally in agricultural markets.

The benchmark palm oil contract on the Bursa Malaysia Derivatives Exchange paused at 4,688 ringgit a tonne during the midday break, rising nearly 2% from the previous session. REUTERS

Read more at https://www.todayonline.com/world/malaysias-crude-palm-oil-rallies-record-high-4704-rgtt