Palm oil tumbles

Published
0

KUALA LUMPUR: Palm oil futures slid on Tuesday, logging a fourth consecutive session of declines, as lacklustre export data and softer soyoil prices kept a lid on sentiment.

The benchmark palm oil contract on the Bursa Mala­ysia Derivatives Ex­­change was down 0.9 per cent at 1,980 ringgit ($477.80) per tonne at the close, hitting a two-week low.

Published in Dawn, June 26th, 2019

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