Markets

Palm extends losses after investors book profits

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NEW DELHI: Malaysian palm oil futures dropped in early trade on Friday, extending losses from the previous session when investors booked profits.

Palm settles lower after five straight sessions of gains

The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange lost 25 ringgit, or 0.67%, to 3,716 ringgit ($802.07) in early trade.