KUALA LUMPUR, Nov 11 (Reuters) – Malaysian palm oil futures firmed on Friday, helped by a surge in exports in early November and Indonesia’s plan to raise its export tax reference price, though the contract was tied for a weekly loss.
After three consecutive sessions down, the benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange rose 35 ringgit, or 0.84%, to 4,213 ringgit ($908.17) per tonne by midday.
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