SINGAPORE, June 26: Malaysian crude palm oil futures ended higher on Tuesday, supported by rising exports and concerns that drought in the United States could damage the soybean crop and limit global supplies of edible oils. But gains were limited in a choppy trading session as investors turned sceptical ahead of a summit of European leaders later this week that looks unlikely to take concrete measures.Benchmark September palm oil futures on the Bursa Malaysia Derivatives Exchange edged up 0.2 per cent to close at 3,035 ringgit ($951) per ton. Prices traded in a narrow range between 3,010 and 3,036 ringgit.Traded volumes were thin at 16,908 lots of 25 tons each, compared to the usual 25,000 lots.—Reuters

Opinion

Editorial

Digital growth
Updated 25 Apr, 2024

Digital growth

Democratising digital development will catalyse a rapid, if not immediate, improvement in human development indicators for the underserved segments of the Pakistani citizenry.
Nikah rights
25 Apr, 2024

Nikah rights

THE Supreme Court recently delivered a judgement championing the rights of women within a marriage. The ruling...
Campus crackdowns
25 Apr, 2024

Campus crackdowns

WHILE most Western governments have either been gladly facilitating Israel’s genocidal war in Gaza, or meekly...
Ties with Tehran
Updated 24 Apr, 2024

Ties with Tehran

Tomorrow, if ties between Washington and Beijing nosedive, and the US asks Pakistan to reconsider CPEC, will we comply?
Working together
24 Apr, 2024

Working together

PAKISTAN’S democracy seems adrift, and no one understands this better than our politicians. The system has gone...
Farmers’ anxiety
24 Apr, 2024

Farmers’ anxiety

WHEAT prices in Punjab have plummeted far below the minimum support price owing to a bumper harvest, reckless...