Markets

Palm oil falls tracking weak rival oils at Dalian

  • Palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange lost 35 ringgit, or 0.76%, to 4,593 ringgit
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JAKARTA: Malaysian palm oil futures fell on Thursday after three straight sessions of gains, tracking weakness in rival Dalian edible oils.

The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange lost 35 ringgit, or 0.76%, to 4,593 ringgit ($1,161.31) a metric ton during the early trade.

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