(Bloomberg) -- Malaysian palm oil futures slumped
more than six percent, staging their biggest two-day decline in
at least five years after news the country's shipments of the
vegetable oil fell in the first 10 days of June.
Malaysia's palm oil exports dropped 23.5 percent to 345,849
metric tons for June 1-10 from 451,816 tons in the same period a
month earlier, Societe Generale de Surveillance, an independent
cargo surveyor, said. Shipments fell 27 percent to 339,117 tons
in the period, Intertek, another surveyor, said.
Read more at Bloomberg Commodities News
more than six percent, staging their biggest two-day decline in
at least five years after news the country's shipments of the
vegetable oil fell in the first 10 days of June.
Malaysia's palm oil exports dropped 23.5 percent to 345,849
metric tons for June 1-10 from 451,816 tons in the same period a
month earlier, Societe Generale de Surveillance, an independent
cargo surveyor, said. Shipments fell 27 percent to 339,117 tons
in the period, Intertek, another surveyor, said.
Read more at Bloomberg Commodities News
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