The benchmark November contract on MCX CPO closed higher Rs 4.80 at Rs 319.50/10 Kg on Wednesday, from its high of the day (322.40) and touched a low of 316.30 levels.
The benchmark Jan contract on BMD CPO ended higher at MYR 2260/tonnes on Wednesday, up MYR 70/tonnes as compared to previous close, from its high of the day 2273 levels and touched a low of MYR 2207/tonnes.
CBOT December soybean oil futures ended higher at 37.55 cents/pounds on Wednesday, up 0.02 cents/pounds as compared to previous close.
As per SGS (Cargo Surveyor, Malaysia) Malaysia‘s palm oil exports during the October was 1.43 million tonnes, up 13% as compared to last month during the same period.
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