date:Feb 11, 2014
Malaysian palm oil futures hit their highest in more than one month on Monday, stretching gains into a fourth straight session as a rally in overseas soy markets continued to lift prices of the tropical oil. Palm was also boosted by a report which showed that stockpiles in Malaysia, the second-largest producer, had eased for the first time since June.
Data from industry regulator, the Malaysian Palm Oil Board, on Monday showed palm oil stocks fell a steeper-than-expected 2.6 percent to stand a