KUALA LUMPUR: Malaysian palm oil futures opened lower on Monday, snapping a four-session rally, as weaker rival Dalian oils weighed on the market, while stronger crude oil prices and positive export data capped the decline.
The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange slid 35 ringgit, or 0.86%, to 4,054 ringgit ($1,000.99) a metric ton in early trade.
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