Markets

Palm falls on weaker Dalian palm olein futures, ringgit strength

  • The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange fell 13 ringgit, or 0.32%, to 4,048 ringgit
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JAKARTA: Malaysian palm oil futures fell for a third straight session on Thursday, mirroring movements in rival Dalian palm olein futures and pressured by a slightly firmer ringgit.

The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange fell 13 ringgit, or 0.32%, to 4,048 ringgit ($1,035.82) a metric ton by 0239 GMT.

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