Malaysian crude palm oil edged to a one-week high on Monday, tracking gains in broader financial markets on expectations the Federal Reserve and European Central Bank (ECB) will announce new measures to encourage growth, boosting commodity demand.
U.S. soybeans rallied nearly 3 percent on Monday on fears that the crippling U.S. drought would further shrink the crop in the world's top grains exporter. Brent oil ended down for the first time in five sessions on Monday as worries that expected stimulus from the United States and Europe may fail to lift their economies overshadowed signs of lower OPEC production. (Reuters)
Malaysian FCPO prices rose to the highest level in a week on Monday after the government said it would increase the 2012 duty-free