Kretam Holdings Bhd advanced 4.2 per cent to RM2.50, set for its highest close since Dec 3, 1998. Rimbunan Sawit Bhd rose 2.3 per cent to 89 sen, and Sarawak Oil Palms Bhd climbed 1.5 per cent to RM5.48.
Palm oil futures gained 1.7 per cent to RM3,072 (US$970) a metric tonne in Malaysia yesterday, the steepest increase since Dec 5, on concern vegetable oil supplies will drop as production in Malaysia slows and dry weather threatens soyabean crops in Brazil and Argentina. -- Bloomberg
Palm oil futures gained 1.7 per cent to RM3,072 (US$970) a metric tonne in Malaysia yesterday, the steepest increase since Dec 5, on concern vegetable oil supplies will drop as production in Malaysia slows and dry weather threatens soyabean crops in Brazil and Argentina. -- Bloomberg
