PALM NEWS MALAYSIAN PALM OIL BOARD Wednesday, 27 Nov 2024

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MARKET DEVELOPMENT
Palm oil claws back partial gains, weak exports limit
calendar02-06-2023 | linkBusiness Recorder | Share This Post:

01/06/2023(Business Recorder) - Malaysian palm oil futures recovered some losses on Thursday after plunging nearly 6% in the previous session, but weak exports kept the contract near a 2.5-year closing low.

 

The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange gained 64 ringgit, or 2%, to 3,265 ringgit ($708.04) a tonne during early trade. Reuters

 

https://www.brecorder.com/news/40245402/palm-oil-claws-back-partial-gains-weak-exports-limit