Palm oil reverses gains

Published December 2, 2015

KUALA LUMPUR: Malaysian palm oil futures fell on Tuesday, reversing gains made in early trade, as traders expect high inventories and weak export demand ahead of government data. The February benchmark palm oil contract on the Bursa Malaysia Derivatives Exchange ended the day 0.2 per cent lower at 2,339 ringgit ($552.96) per tonne. Traded volume stood at 46,543 lots of 25 tonnes each.

Published in Dawn, December 2nd, 2015

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