Palm oil falls for fourth session on weak rivals, poor exports

26 Apr, 2023

KUALA LUMPUR: Malaysian palm oil futures eased for a fourth consecutive session on Wednesday, trading near a nine-day low hit in the previous session, weighed by weak exports and rival oil prices.

Palm oil slips to one-week low

The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange slid 22 ringgit, or 0.61%, to 3,613 ringgit ($810.27) during early trade.

Read Comments