VEGOILS-Palm firms for second day on rival soyoil strength

VEGOILS-Palm firms for second day on rival soyoil strength

Today·2021-03-04 13:04

KUALA LUMPUR, March 4 - Malaysian palm oil futurestracked rival soyoil to trade higher on Thursday, although gainswere limited by expectations of a rise in February-endinventories.

The benchmark palm oil contract for May delivery onthe Bursa Malaysia Derivatives Exchange climbed 13 ringgit, or0.35%, to 3,690 ringgit ($910.66) a tonne in early trade,heading for a second straight session of gains.

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