KUALA LUMPUR: Malaysian palm oil futures recovered from a one-week low hit earlier on Thursday as traders forecast slowing output amid some short-covering.
The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange rose 0.5 percent at 2,005 ringgit ($481.74) a tonne at the close.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!