Palm tumbles over 6% on weak outlook for exports, China lockdown fears - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Wednesday, 13 July 2022

Palm tumbles over 6% on weak outlook for exports, China lockdown fears

Malaysia's palm oil stocks at end-June rose to their highest in seven months as its exports were throttled by rival Indonesia's policies to boost its own shipments, industry regulator data showed on Tuesday.Exports from the world's second-largest producer during July 1-10 fell between 2.7% and 21% from a month-ago period, cargo surveyors said.

from Commodities-Markets-Economic Times
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