Palm ends lower as weak exports hurt, but posts big weekly gain


   The benchmark September contract on the Bursa Malaysia Derivatives Exchange edged down 0.2 percent to 2,443 ringgit ($758) per tonne by Friday's close, reversing gains from the morning session, with prices trading between 2,434 - 2,474 ringgit. 

    Shipments of Malaysian palm oil products during June 1-20 fell 5.8 percent to 806,303 tonnes compared with the same period a month ago, cargo surveyor Intertek Testing Services data showed, as export volumes to Europe and China dived.

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