Palm lags rival oils higher than export data

Palm lags rival oils higher than export data

JAKARTA: Malaysian palm oil futures rose on Tuesday in tandem with related oils, but traders are wary of weak export data expected later today.

The benchmark palm oil contract for November delivery to the Bursa Malaysia derivatives exchange rose 1.24% to 2,695 ringgit ($ 646.75) at 2:33 am GMT.

The contract rebounded from a total of around 2.7% losses in the previous two sessions.

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