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KUALA LUMPUR: Malaysian palm oil futures opened lower on Tuesday, snapping two consecutive sessions of gains, pressured by weaker rival Dalian soyoil and crude oil prices.
Malaysian palm oil futures range-bound on weaker soyoil
The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange slid 22 ringgit, or 0.57%, to 3,811 ringgit ($906.30) a metric ton in early trade.