JAKARTA: Malaysian palm oil futures edged higher on Tuesday after losing more than 3% in the previous session on government data showing an increase in inventories and declining exports in the world’s second-biggest producer.
Palm oil down on rising stocks, falling exports
The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange gained 15 ringgit, or 0.40%, to 3,728 ringgit ($797.60) per metric ton in early trade after a six-session slide.
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