Markets

Palm falls for second day, tracks weakness in Dalian and Chicago edible oils

  • palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange lost 42 ringgit, or 0.52%, to 4,577 ringgit ($1,124.29) a metric ton
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JAKARTA: Malaysian palm oil futures inched lower for a second session on Thursday, pressured by weakness in Chicago and Dalian edible oils and a stronger Malaysian ringgit.

The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange lost 42 ringgit, or 0.52%, to 4,577 ringgit ($1,124.29) a metric ton by 0240 GMT.