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.
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