Palm ends lower for third session despite strong export demand
KUALA LUMPUR: Malaysian palm oil futures gave up early gains to close lower on Wednesday, their third consecutive daily loss, despite strong export demand ahead of Diwali festive-season buying in India. The benchmark palm oil contract for January delivery on...
KUALA LUMPUR: Malaysian palm oil futures gave up early gains to close lower on Wednesday, their third consecutive daily loss, despite strong export demand ahead of Diwali festive-season buying in India. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange fell 14 ringgit, or 0.3%, to 4,687 ringgit ($1,149.90) a metric ton at the close. The market traded higher in the mornin...