Palm oil snaps three days of losses after strong exports data
Malaysian palm oil futures on Friday regained some ground lost this week, helped by robust exports and tracking a rise in other oils.
The benchmark palm oil contract FCPOc3 for October delivery on the Bursa Malaysia Derivatives Exchange climbed 33 ringgit or 0.84% to 3,951 ringgit ($848.04) during early trade, snapping three days of losses.
Even so, the contract is poised to lose 1% for the week.
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