Palm reverse losses on short covering, logs second weekly rise

Capt. John

Malaysian palm oil futures reversed early losses on Friday to record a second consecutive weekly rise, as traders covered short positions ahead of exports data due on Monday. The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange closed 43 ringgit, or 1.19%,...

https://www.hellenicshippingnews.com/palm-reverse-losses-on-short-covering-logs-second-weekly-rise/

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