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July 26, 2006
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Wednesday
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Jumadi-ul-Sani 29, 1427
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Palm oil up
KUALA LUMPUR, July 25: Malaysian crude palm oil futures closed higher on Tuesday, fuelled by improved export performance and higher prices of rival soyaoil.
Exports of Malaysian palm products for July 1-25 stood at968,714 tons, up 7.4pc from the 901,923 tons shipped between June 1 and 25, cargo surveyor Intertek Testing Services said.
Another cargo surveyor, Societe de Surveillance, said exports of palm products for July 1-25 rose 12.4pc from 849,560 tons shipped during the same period in June. —Reuters
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