Palm Oil Supported by Weaker Ringgit After Two Weeks of Losses
date:Apr 19, 2016
Malaysian palm oil futures made some gains in Monday trade, rising after two consecutive weeks of losses as a weaker ringgit and improving exports supported the market.

The palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange strengthened 1 percent, registering its strongest gains in three weeks to reach 2,668 ringgit ($680) per tonne at the close of trade.

Traded volumes were 50,507 lots of 25 tonnes each, more than a 2015 daily average of 44,600.

Its mainly the rin
1/4 next page prev page home page last page
go back |  refresh |  WAP home |  Web page version  | login
05/01 00:48