Palm opens lower on weaker rival oils, crude oil prices

KUALA LUMPUR: Malaysian palm oil futures fell for a third straight session on Wednesday, pressured by weaker rival edible oils and crude oil prices.

Malaysian palm oil lower on firmer ringgit

The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange slid 54 ringgit, or 1.37%, to 3,889 ringgit ($900.23) a metric ton in early trade.