Palm falls on soyoil weakness in Dalian, Chicago markets

JAKARTA: Malaysian palm oil futures fell on Monday, weighed down by weakness in rival soyoil in both Dalian and Chicago vegetable oils markets.

The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange fell 24 ringgit, or 0.58%, to 4,128 ringgit ($1,004.87) a metric ton by 0235 GMT.