MARKET DEVELOPMENT
Palm oil tumbles
Palm oil tumbles
DAWN (27/06/2019) - KUALA LUMPUR: Palm oil futures slid on Tuesday, logging a fourth consecutive session of declines, as lacklustre export data and softer soyoil prices kept a lid on sentiment.
The benchmark palm oil contract on the Bursa Malaysia Derivatives Exchange was down 0.9 per cent at 1,980 ringgit ($477.80) per tonne at the close, hitting a two-week low.
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