# Palm oil up - Newspaper - DAWN.COM

> Palm oil futures rose more than 1% on June 19 as traders bet that upcoming export data would beat forecasts. The September contract closed up 1.2% at 2,047 ringgit per tonne. Surveyors had reported export falls of more than 15% for the June 1-15 period.

- Date: 2019-06-20 · published 2019-06-20T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/58692-palm-oil-up-newspaper-dawn-com
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Expectations of a stronger export data print supported palm prices, but the reported export declines leave the rally vulnerable if actual figures disappoint.

## Read by commodity

- PALMOIL: bullish ▲

## Sources

- dawn.com: https://www.dawn.com/news/1489280

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.