Palm Fu­tures Hits a Low on Weak De­mand

The Economic Times - - Commodities Plus -

Malaysian palm oil fu­tures fell for a third ses­sion this week, track­ing poor per­form­ing ri­val veg­etable oils and on bear­ish lo­cal sen­ti­ment, driven by ris­ing out­put and weak ex­port de­mand. The palm oil con­tract for July de­liv­ery was down 1.2% at $669 per tonne.

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