Palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange was down 14 ringgit, or 0.31%, at 4,492 ringgit ($1,106.40) a metric ton
KUALA LUMPUR: Malaysian palm oil futures inched lower on Friday and are on track for a second weekly loss, weighed down by weaker rival Dalian oils, though firmer crude oil capped the decline.
The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange was down 14 ringgit, or 0.31%, at 4,492 ringgit ($1,106.40) a metric ton in early trade.
The contract has fallen 1.4% so far this week. ‑Reuters
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