KL palmoil prices firm

Tue, 12 Jul 1994 | Source: REUTERS

KUALA LUMPUR (Reuter): Malaysian palmoil prices firmed in early trade as sentiment was boosted by gains in Chicago soyoil futures last week and further talk of Chinese buying interest, traders said.

Trading was cautious as players awaited further market leads at the start of the week, they said.

September futures contract rose 13 ringgit to 1,103 ringgit (US$425.05) a ton and July south was offered at 1,210 ringgit ($466.28).

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