Markets
Palm tracks Dalian rivals lower, but set for second weekly gain
- Palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange was down 24 ringgit, or 0.52%, at 4,582 ringgit ($1,123.59) a metric ton
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JAKARTA: Malaysian palm oil futures fell on Friday, weighed down by weakness in Dalian vegetable oil prices, but were set for a second straight weekly gain.
The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange was down 24 ringgit, or 0.52%, at 4,582 ringgit ($1,123.59) a metric ton in early trade.
The contract has risen 1.53% for the week.