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Palm oil falls as traders brace for cues from industry conference

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By Reuters

SINGAPORE: Malaysian palm oil futures dropped on Monday as traders maintained a cautious stance and looked ahead to cues from an industry conference that started earlier in the day, while a stronger ringgit also weighed.

Palm oil rises for fourth day on stronger rival oils

The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange fell 13 ringgit, or 0.33% to 3,953 ringgit ($836.26) a metric ton in morning trade.

Palm Oil

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