Malay palm futures rise on lower stocks
Wednesday March 10 2010
Malaysian palm oil futures ended more than 1% higher, recouping some losses from the previous day, on expectations that lower stocks would help lift prices.
"It's range trading today after mixed forecasts from analyst but the market is supported by a friendly report on end (February) stock from the Malaysian Palm Oil Board," said a trader at a foreign brokerage firm in Kuala Lumpur.
