Malaysian palm oil charts first monthly gain since January.
Malaysian palm oil futures charted their first monthly gain since January at the close of trade on Wednesday, ending around a seven-week high on support from export data released by cargo surveyors.
The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange was up 0.4 percent at 2,070 ringgit ($501.82) a tonne at the end of the trading day, its sixth gain in seven sessions. It earlier rose to a seven-week peak of 2,075 ringgit, which was also...
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