JAKARTA: Malaysian palm oil futures fell for a second straight session on Friday, weighed down by weakness in rival vegetable oils.

The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange lost 26 ringgit, or 0.69%, to 3,732 ringgit ($781.41) a metric ton in early trade.

Palm hits three-week high on rival oil strength

The contract has lost 0.13% so far in the week.