KUALA LUMPUR: Malaysian palm oil futures gained on Tuesday, recouping some of the previous session’s losses, as the ringgit weakened, although expectations of higher production weighed on the market.
Palm oil ends lower on lacklustre demand, higher output fears
The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange gained 25 ringgit, or 0.73%, to 3,453 ringgit ($778.58) a tonne in early trade.
Source: Brecorder
