DAWN (20/06/2019) - KUALA LUMPUR: Palm oil futures jumped more than 1 per cent on Wednesday as traders bet upcoming export data would overshoot forecasts.

The benchmark palm oil contract for September deli­very on the Bursa Malaysia Derivatives Exchange was up 1.2pc at 2,047 ringgit ($491) per tonne at the close. Cargo surveyors and an independent inspection company had over Saturday and Monday reported more than 15pc falls in exports for the June 1-15 period.

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