Malaysian palm oil closed higher on Friday, reversing earlier losses, as traders squared positions ahead of the weekend and as low stock levels supported the market.
KUALA LUMPUR: Malaysian palm oil futures reversed gains on Thursday evening as the market took profit after hitting a two-week high.
The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange was down 0.3 percent at 2,506 ringgit ($576.75) a tonne by the close, having touched
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