REUTERS: Malaysian palm oil futures gave up early gains to trade lower on Tuesday, weighed by data showing weakening export demand in December. The benchmark palm oil contract FCPOc3 for March delivery on the Bursa Malaysia Derivatives Exchange fell 46 ringgit, or 1.17%, to 3,883 ringgit ($876.13) a tonne by the midday break. Exports from Malaysia during Dec 1-20 fell 4% from the previous month to 952,592 tonnes, cargo surveyor ITS said.
By: via Malaysian Palm Oil Council Russia
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