Palm oil clocks weekly rise as El Nino stokes production concerns
Malaysian palm oil futures ended higher for a third straight day on Friday to log weekly gains on stronger rival oil prices and production concerns over the impact of El Nino. The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange gained 61 ringgit, or 1.75%, to 3,554 ringgit ($801.35) a tonne, its…
