Malaysian palm oil futures fell on Friday evening for a third consecutive week of losses, tracking declining rival vegetable oils and amid investor concerns over Britain's vote to leave the European Union.
The market fell for two sessions this week before paring losses in late trade on Thursday, but declined on Friday to fall 2.9 percent this week.
Benchmark palm oil futures for September delivery on the Bursa Malaysia Derivatives Exchange fell 0.2 percent to 2,379 ringgit ($582) per tonne in the evening, unchanged from during the midday break. Traded volumes stood at 65,216 lots of 25 tonnes each at the close of trade.
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The market fell for two sessions this week before paring losses in late trade on Thursday, but declined on Friday to fall 2.9 percent this week.
Benchmark palm oil futures for September delivery on the Bursa Malaysia Derivatives Exchange fell 0.2 percent to 2,379 ringgit ($582) per tonne in the evening, unchanged from during the midday break. Traded volumes stood at 65,216 lots of 25 tonnes each at the close of trade.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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