Malaysian palm oil prices dip along with Dalian

Malaysian palm oil futures closed higher on Tuesday, recovering from earlier declines as the ringgit's weakness helped prices

KUALA LUMPUR: Malaysian palm oil futures dipped on Thursday as selling in the Chinese markets and concerns over weak exports outweighed benefits from a weaker ringgit.

Benchmark palm oil futures for January on the Bursa Malaysia Derivatives Exchange closed 0.3 percent lower at 2,789 ringgit ($666.91) a tonne at mid-day break. Traded volumes stood at 55,748 lots of 25 tonnes each.