Palm oil price falls for fourth session in a row tracking rival oils


Profitable: Excluding the forex gain, IOI said the underlying pre-tax profit in Q2 was up 76% year-onyear at RM649.2mil on a 3.9% higher revenue of RM2.97bil.

KUALA LUMPUR: Malaysian palm oil futures fell on Friday evening in line with competing vegetable oils, marking a fourth consecutive session of losses this week.

    Futures were range-bound earlier in the day pending official government data from the Malaysian Palm Oil Board (MPOB), which is scheduled to release March data on Monday.

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