Palm oil edges up on prospects of lower-than-expected fall in exports


KUALA LUMPUR (REUTERS) - Palm oil futures recouped early losses on Tuesday supported by the prospect of a lower-than-expected fall in exports between April 1-15, although concerns over rising stockpiles due to slowing demand capped gains.

The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange closed up RM1, or 0.04%, to RM2,247 per tonne, after dropping nearly 3% in the previous session.

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