KUALA LUMPUR: Malaysian palm oil futures closed flat on Wednesday as short covering in the second half of trade helped the market recover from losses earlier in the day.
The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange closed at 2,408 ringgit ($619.34) a tonne on Wednesday evening. It earlier fell as much as 1.2 percent to an intraday low of 2,380 ringgit.
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