Palm falls on weaker rival oils, crude oil

KUALA LUMPUR: Malaysian palm oil futures fell on Monday after hitting a 15-week high in the previous session, as weaker rival oils and crude oil pressured the market.

The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange slid 39 ringgit, or 0.83%, to 4,683 ringgit ($1,147.79) a metric ton in early trade.