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Markets

Palm oil falls on weaker rival oils, crude

  • Palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange slid 17 ringgit, or 0.38%, to 4,458 ringgit
Published Updated
By

JAKARTA: Malaysian palm oil futures fell on Monday, weighed down by weakness in both Dalian and Chicago markets and crude oil prices.

The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange slid 17 ringgit, or 0.38%, to 4,458 ringgit ($1,101.56) a metric ton in early trade.

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