Palm oil closes at highest level in over a year
Malaysian palm oil futures rose on Wednesday to their highest closing in over a year, as strengthin rival edible oilsand firmer crude oil prices underpinned the market. The benchmark palm oil contract FCPOc3 for May delivery on the Bursa Malaysia Derivatives Exchange closed up 67ringgit, or 1.62%, to 4,196 ringgit ($895.43), its highest closing since…
