Kuala Lumpur: Malaysian palm oil futures rose on Thursday, recovering from a more than 1% fall in the previous session, boosted by a surge in exports in the first 10 days of June as more countries eased coronavirus-induced restrictions.
The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange gained 15 ringgit, or 0.64%, to 2,364 ringgit ($557.81) a tonne by 0238 GMT. Palm oil fell 1.6% in the previous session on anticipation of a jump in output this month as plantations enter a high production cycle…
