Palm Oil Hits Two-Week High on Increased Malaysian Exports

Palm oil continued to climb for a fourth session, reaching its highest level in two weeks on the back of increased demand for Malaysian product.

Exports from second-largest grower Malaysia rose 1.6% month-on-month during the first 25 days of December, according to Intertek Testing Services. India was the top buyer with 279,550 tons imported, a 66% rise compared to the same period the previous month.