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MARKET DEVELOPMENT
Palm oil climbs
calendar31-01-2019 | linkDAWN | Share This Post:

31.01.2019 (DAWN.com) - KUALA LUMPUR: Malaysian palm oil futures rose on Wednesday, recovering from their largest fall in two weeks in the previous session, as expectations of better export data lifted market sentiment.

The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange climbed 0.35pc to 2,302 ringgit ($560.51) a tonne. Trading volumes stood at 32,647 lots of 25 tonnes each.

Published in Dawn, January 31st, 2019