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Palm oil slips as weaker crude offsets gains in edible oils

  • Palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange slid 23 ringgit, or 0.49%, to 4,658 ringgit a metric ton
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By Reuters

KUALA LUMPUR: Malaysian palm oil futures edged lower on Monday, weighed down by weaker crude oil prices, although firmer edible oils capped the losses.

The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange slid 23 ringgit, or 0.49%, to 4,658 ringgit ($1,148.99) a metric ton in early trade.

Palm Oil Malaysian palm oil

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