Palm oil falls

Published October 10, 2015

KUALA LUMPUR: Malaysian palm oil futures fell further on Friday as the ringgit firmed against the dollar, pushing palm prices to fresh two-and-a-half week lows.

The benchmark December palm oil contract on the Bursa Malaysia Derivatives exchange lost 2.6 per cent at the end of the trading day, reaching 2,217 ringgit ($537.45) a tonne.

Traded volume stood at 41,189 lots of 25 tonnes each, above the average 35,000 lots usually traded in a day.

Published in Dawn, October 10th , 2015

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