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News Admin
 
Date
 14/09/2020
News Provider
 Siti Safura Masiron
News Source
 www.brecorder.com
Headline
 Palm oil ends two weeks of gains


12.09.2020 (www.brecorder.com) - KUALA LUMPUR: Malaysian palm oil futures logged their first weekly drop in three on Friday, as rising production and worries over demand outweighed cargo surveyor data showing strong exports in September so far. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange closed down 3 ringgit, or 0.11%, at 2,811 ringgit ($677.19).



Palm fell for a third straight session and was down 0.85% for the week. Dalian's most-active soyaoil contract gained 0.59%, while its palm oil contract rose 0.31%. Soyaoil prices on the Chicago Board of Trade were up 0.69%.



https://www.brecorder.com/news/40018153/palm-oil-ends-two-weeks-of-gains



ECONOMICS & INDUSTRY DEVELOPMENT DIVISION
Malaysian Palm Oil Board ( MPOB ) Lot 6, SS6, Jalan Perbandaran, 47301 Kelana Jaya, Selangor Darul Ehsan, MALAYSIA.
Tel : 603 - 7802 2800 || Fax : 603 - 7803 3533