Palm gains but logs second weekly decline on higher output, stocks

Capt. John

Malaysian palm oil futures ended higher on Friday, but clocked a second weekly loss as forecast of higher production and inventories weighed on sentiment. The benchmark palm oil contract FCPOc3 for October delivery on the Bursa Malaysia Derivatives Exchange closed up 41 ringgit, or 1.07%, at 3,865...

https://www.hellenicshippingnews.com/palm-gains-but-logs-second-weekly-decline-on-higher-output-stocks/

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