KUALA LUMPUR (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed at an all-time high today as concerns over weak production continued to lift sentiment. The benchmark palm oil contract - December 2021 - jumped RM140 to RM4,595 a tonne. Palm oil trader David Ng said the expectation of stronger exports in the coming weeks also added to the positive sentiment. According to independent inspection company AmSpec Agri Malaysia, exports of Malaysian palm oil products for September rose 33.55 per cent to 1,628,168 tonnes from 1,219,166 tonnes shipped during August. Article type: metered User Type: anonymous web User Status: Campaign ID: 46 Cxense type: free User access status: 3Join our Telegram channel to get our Evening Alerts and breaking news highlights
