Palm oil gains after two-day slide, but set for weekly loss
Malaysian palm oil futures rose on Friday after two sessions of falls, but were on track for their second straight weekly fall due to a stronger ringgit.
The benchmark palm oil contract FCPOc3 for October delivery on the Bursa Malaysia Derivatives Exchange gained 5 ringgit, or 0.13%, to 3,875 ringgit ($851.65) a metric ton by 0241 GMT.
The contract has fallen 1.31% so far in the week.
Read also
China to expand insurance coverage for grains, oilseeds and livestock
Paraguay may expand soybean area to 3.7 mln ha
Moldovan farmers threaten protests over VAT increase on grains and oilseeds
US rail fuel surcharges pressure grain prices for farmers during harvest
France may harvest smallest corn crop in 50 years
Write to us
Our manager will contact you soon