Plantation, property units to declare payouts of 50% and 20% respectively
KUALA LUMPUR: Malaysian palm oil futures were virtually flat on Friday, giving up most early gains as profit taking emerged and the market was cautious ahead of export data due early next week.
"Palm is off its high now, probably due to technical selling and traders profit taking ahead of the weekend, as crude oil prices have eased and overseas rival oil markets are also off highs," a Kuala Lumpur-based futures trader said.
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